First-time buyers

8% rise in first-time buyers in Scotland

Annual home-owner house purchase lending in Scotland in 2015 totalled 64,800 loans, up 9%...

2015 fall in London house purchase lending

House purchase lending in London fell in 2015 in comparison with the previous year,...

Sesame and PMS offering 95% LTV Leeds exclusive

Sesame and PMS have launched an exclusive fixed rate product to appointed representatives (ARs)...

The Bath unveils room renting FTB proposition

The Bath Building Society has launched 'Rent a Room' mortgages. The product allows an individual...

FTBs still better off buying than renting

UK first-time buyers are on average 10% (£865) a year better off with their...

1.6m homes to be worth £1m+ by 2030

A new report from Santander Mortgages forecasts that the number of UK properties worth at least...

Precise Mortgages’ MCD upgrade is completed

DPR Consulting has completed a systems upgrade for Precise Mortgages. The update provides compliance with...

CML: gross lending to steadily increase over next 24 months

In December 2015 first-time buyers borrowed £4.5bn for home-owner house purchase, up 7% on...

Hotel of Mum and Dad staying open for longer

15% of adults are taking an extended stay at the ‘Hotel of Mum and...

21% don’t think they will ever be able to afford a home

A first time buyer buying their first house this year will have already spent £52,900...

Lending boosted by buy-to-let growth

Growth in buy-to-let mortgage approvals has taken home lending to its highest peak in...

Accord offering first time buyer cashback

Accord Mortgages is offering first-time buyers an extra £500 cashback when they complete on...

First Help to Buy ISA completion for the Nationwide

The Nationwide Building Society has seen the first mortgage completion by its Help to Buy...

TSB announces rate changes

TSB has reduced residential mortgage rates on a range of its mortgages with larger deposits...

COMMENT

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive -...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle to meet their payments within six months of losing their...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

Latest news

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

PROFILES