LATEST COVID-19 CORONAVIRUS NEWS

Covid: landlords want government support 

A new survey has found that landlords are feeling abandoned by the government during...

House prices up 7.6% year-on-year

Halifax has revealed that house prices in November were 1.2% higher than in October,...

Possible return to annual growth in Q4 for purchase lending

UK Finance's Household Finance Review for the third quarter has revealed that house purchase lending...

Lenders’ caution behind rise in higher LTV costs

Mortgage Brain has revealed a substantial rise in the cost of borrowing for low-deposit...

Bridging completions rebound in third quarter

Data from the Association of Short-Term Lenders (ASTL) has shown that bridging applications reached...

BoE: highest number of mortgage approvals since September 2007

The Bank of England has reported that households borrowed an additional £4.3 billion secured...

Significant drop in rate of applications to completions

There was a fall in completions over the last quarter, with only 22% of...

Estate agents see record October demand

In October, the average number of prospective buyers registered per estate agent branch reached...

Nationwide to expand 90% LTV beyond first-time buyers

From the second week of December, the Nationwide Building Society will be making 90%...

Surveyor sees no signs of slowdown

SDL Surveying has reported that, despite increased lockdown measures, the level of business volume activity...

Bluestone restarts 85% LTV lending

Bluestone Mortgages has resumed pre-Covid maximum loan to value (LTV) lending on all products...

Fiduciam funds £1.18m Cornish hotel with CBILS loan

Fiduciam has completed a £1.18 million loan to finance the Hustyns Hotel and Spa...

Owl Financial reaps rewards from online face-to-face advice

Owl Financial, Openwork’s specialist protection advice business, has arranged over 47,000 policies since the...

Use bridging to meet stamp duty deadline

Specialist distributor Clever Lending is calling on brokers to think about regulated bridging loans...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

House price rise puts mortgage resilience in sharper focus

Homebuyers should consider how they would meet mortgage payments if illness or injury affected...

Simplify’s trust gives £22,500 to nine local charities

The Simplify Charitable Trust has donated £22,500 to nine charities working in communities across...

Landlords turn to portfolio refinancing to fund expansion

More than three-quarters of landlords are considering refinancing their existing portfolios to fund further...

LiveMore launches mortgage for homes with spray foam insulation

LiveMore has launched a mortgage designed for homeowners whose properties have become difficult to...

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