First-time buyers

Rising cost of living could stall housing market activity

The rising cost of living remains the most pressing concern for Britons and could...

Precise cuts rates and widens mortgage options to aid buyer affordability

Precise has strengthened its residential mortgage range with a series of rate cuts, new...

Housing market stalls as demand dips and sales slide

The UK housing market’s fragile recovery faltered in July as higher borrowing costs and...

Children wield growing influence over UK home buying decisions

Children are exerting unprecedented sway over property choices with 74% of families saying their...

Bellway renews call for Help to Buy as housing recovery stalls

Housebuilder Bellway says the UK housing market recovery has “stalled” over summer, renewing its...

Suffolk Building Society introduces higher income multiples for renters

Suffolk Building Society has increased its maximum income multiple to 5.49 for applicants with...

Tembo launches Lifetime ISA bonus to boost first-time buyers’ deposits

Tembo has introduced a new incentive for first-time buyers, offering a 1% bonus on...

Women drive rise in solo homeownership

More women are choosing to buy homes on their own than ever before, according...

Industry reaction as Bank drops rates 0.25%

The Bank of England has cut interest rates to 4% following a finely balanced...

First-time buyer mortgage payments fall by £93 a month as affordability edges up

First-time buyer affordability is showing tentative signs of improvement with average monthly mortgage payments...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Renters cut back as deposit savings hit six-month low

The number of renters actively saving for a property deposit has fallen to its...

Eight in 10 first-time buyers moved back in with parents to get on the ladder

Four in five first-time buyers moved back in with parents to save for a...

Interest rate cut could inflame house prices and worsen outlook for first-time buyers

The Bank of England’s expected decision to cut interest rates this week could reignite...

COMMENT

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to continue over the coming week. For clients whose current deal...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information officer at Starling Bank, and Dr Rohit Dhawan, group director...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

Latest news

Skipton loses former Connells chief’s discrimination case

Skipton Group Holdings and Connells have lost an employment tribunal case brought by former...

IMLA supports flexible mortgage rules but says housing supply remains key

Mortgage lenders have backed proposals to give first-time buyers and other underserved borrowers greater...

Mortgage borrowing jumps to £7.7bn

Net mortgage borrowing more than doubled to £7.7bn in June, up from £3.3bn in...

AMI says mortgage rule reforms must keep advice at their core

Proposals to give lenders greater flexibility must be supported by mortgage advice if they...

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