Economy

Regulators set out framework for higher loan-to-income lending as cap is eased

The Prudential Regulation Authority and Financial Conduct Authority have published proposals setting out how...

Mortgage market shows resilience amid uncertainty, says IMLA chair

The Intermediary Mortgage Lenders Association (IMLA) has expressed confidence in the resilience of the...

Property transactions rebound from January dip

UK property transactions picked up in February but activity remains below last year’s levels...

House price growth strengthens in March but outlook darkens as rates rise

Annual house price growth rose to 2.2% in March, up from 1.0% in February,...

New towns plan may help supply but risks falling short, says former RICS chair

The government’s announcement of seven proposed new towns has been broadly welcomed as a...

Rate rises squeeze demand as brokers lean on ‘needs-based’ borrowers

Rising mortgage costs driven by global uncertainty are beginning to weigh on borrower demand...

Chancellor presses lenders to expand support for borrowers ahead of rate resets

The government has secured fresh commitments from major lenders to step up engagement with...

Mortgage submissions surge as advisers rush to secure rates amid market volatility

Mortgage submissions rose sharply in the wake of geopolitical tensions, as brokers moved quickly...

Inflation remains unchanged but subsequent rise expected

The Consumer Price Index rate (CPI) rate inflation remained at 3% in February. This was...

Solar and heat pump rules could push up mortgage prices

New rules forcing developers to install solar panels and low-carbon heating systems on most...

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual...

The FCA has made the case for holistic mortgage advice

Last Thursday, the head of the FCA stood up at the JP Morgan Pensions...

Technology’s biggest challenge is not the one you think

There is a version of the mortgage technology story that gets told at conferences...

INDUSTRY REACTION: MPC holds Bank Rate at 3.75%

The Bank of England's Monetary Policy Committee (MPC) has voted to keep the Bank...

COMMENT

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Latest news

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

PROFILES