INDUSTRY REACTION: Badenoch pledges to scrap stamp duty in bid to revive homeownership

Kemi Badenoch has pledged to abolish stamp duty on home sales, describing it as an “unconservative tax” that denies millions the chance to own a home. In a surprise announcement during her closing speech at the Conservative Party conference...

Latest news

Stamp duty receipts rise to £9.3bn – but signs of a peak emerge

Homebuyers have paid £9.3 billion in stamp duty between January and August, a 20.6% rise on the £7.7 billion collected during the same period...

2.5 million homeowners could move if stamp duty scrapped

Around 2.5 million homeowners could be freed to move house if Conservative Party plans to abolish stamp duty are implemented, according to new research. The...

Roma Finance completes £1.5m four-day auction loan

Roma Finance has completed a £1.5 million bridging loan in four days to fund the purchase of a £2.25 million investment property in Bristol. The property consists of 16 apartments – nine with two bedrooms and seven with one...

Santander calls for homebuying reforms as young buyers bear the brunt of broken system

Younger buyers and families are suffering most from England and Wales’s outdated homebuying process, new research from Santander UK has warned. The bank’s Fixing the Broken Chain report, produced with WPI Economics and JL Partners, reveals that more than...

Borrower confidence returns as mortgage applications surge, says Stonebridge

Mortgage applications rose sharply in September as borrowers took advantage of falling rates, according to the latest Mortgage Market Briefing from Stonebridge. The network, which facilitated more than £12 billion of lending last year, said the number of mortgage...

Wales leads UK for rental yields as returns strengthen in Q3

Wales has extended its lead as the UK’s top-yielding region for landlords, according to Paragon Bank’s latest Buy-to-Let Yield Report. The average gross rental yield in Wales rose to 8.84% in the third quarter of the year, up from...

PROFILE

Mark Bogard on policy, politics and the future of advice

When Mark Bogard, Chief Executive of Family Building Society, talks about Britain’s housing policy, he is unsparing in his assessment: short-termism, revolving-door ministers and...

INDUSTRY COMMENT

The nightmare of UK homebuying needs reform

House sellers will be forced to disclose problems with their homes before sale under plans by the Government to cut costs for buyers and...

Remortgaging strategies for landlords: brokers must seize the opportunity

When you look at the most recent Landlord Trends research for the second quarter of this year, carried out by Pegasus on behalf of...

Goldilocks and the three bear markets

Are you familiar with C/2025 N1 (ATLAS) or you might know it by its nickname 3I/ATLAS? Whatever you want to call it,  it is currently...

MORTGAGE MINGLE PODCAST

Q&As

BUY-TO-LET

Arc & Co. and Quantum Mortgages complete £3.4m buy-to-let facility

Arc & Co. has arranged a £3.4 million buy-to-let facility with Quantum Mortgages to...

Government urged to ease court bottlenecks as eviction delays hit housing supply

The government is being urged to intervene to tackle mounting delays in the County...

Most landlords unaware who the housing minister is

The majority of landlords remain in the dark about who currently serves as housing...

Barclays expands mortgage flexibility for homebuyers and landlords

Barclays has announced a series of updates to its mortgage policies designed to increase...

Mortgage industry legends back Take Me Home Christmas Charity Concert

Support continues to build for what’s shaping up to be the mortgage industry’s biggest...

HSBC UK widens buy-to-let offering with top slicing introduction

HSBC UK has expanded its buy-to-let mortgage range to include top slicing, enabling landlords...

ModaMortgages expands criteria to include simple layered limited companies

ModaMortgages has broadened its lending criteria to accept applications from simple layered limited companies,...

Rosemount adds Afin Bank to expanding lender panel

Rosemount Financial Solutions (IFA) has added specialist digital lender Afin Bank to its lender...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

First-time buyer growth slows as affordability pressures persist

The number of first-time buyers entering the housing market has risen sharply this year but new data from Yorkshire Building Society suggests that growth is now losing momentum – a sign that affordability pressures are once again weighing on aspiring homeowners. Analysis of CACI data...

Pepper Money bolsters regional team with NW appointment

Specialist mortgage lender Pepper Money has appointed Michelle Walsh as regional development manager for...

Industry welcomes government’s homebuying reforms but warns of deeper challenges ahead

Government plans to overhaul the homebuying process have received a broadly positive response from...

The Mortgage Mum and LIBF launch scholarship scheme

The Mortgage Mum has partnered with the London Institute of Banking & Finance (LIBF)...

Families to save hundreds as Government unveils homebuying overhaul

Families buying and selling homes in England could save hundreds of pounds and weeks...

OPINION

Finding efficiency will keep branches as the beating heart of mutual sector

Whether you speak to customers or building societies, they will tell you just how important branches are – even as financial services and wider...

Mortgages, mutuality, members and making a difference

Anyone working in the mortgage market knows that a key area of our measurement...

Stability is not a slowdown; it’s exactly what the bridging market needs

So, according to the recent Bridging & Development Lenders Association (BDLA) figures, bridging completions...

The rise of the silver pound

UK house prices may have cooled from their peak, but affordability pressures remain acute. Even with recent adjustments to interest rates, rising property values have left many borrowers stretching further to achieve their homeownership goals. Policymakers have responded by easing affordability rules, including raising Loan-to-Income...

Staggering stamp duty will make it easier for people to move

A proposal to spread stamp duty land tax payments across several years, in an effort to drive growth and boost the housing market, is...

DISTRIBUTION

Mortgage leaders warn sector risks losing ‘pulling power’ with next generation

The UK mortgage industry must work harder to attract new talent if it is...

Brightstar chief hails resilience of specialist lending market at industry expo

Rob Jupp, chief executive of Brightstar Group, closed the company’s Specialist Lending Expo today...

Asset Advantage strengthens broker support with new appointment

Asset Advantage has announced the appointment of William Thompson as trainee broker manager. In his...

Three more top lenders back Take Me Home Christmas charity concert

Support is flooding in for the mortgage industry’s biggest charitable event of the year...

MAB takes stake in UK Moneyman to drive later life lending growth

Mortgage Advice Bureau (MAB) has taken a significant stake in UK Moneyman, the Hull-based brokerage led by veteran adviser Malcolm Davidson. Founded in 2009, UK Moneyman has expanded steadily in both size and profitability under Davidson, who has more than 30 years’ industry experience. As part...