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

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

Gatehouse launches fee-free refinance products

Gatehouse Bank has launched a range of limited-edition refinance products for UK residents with...

Bank of England turns to AI and real-time mortgage data

The Bank of England is using artificial intelligence and real-time financial data, including information...

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