interest-only mortgages

Interest-only borrowing behind equity release rise

Key Retirement has found that 22% of customers used property wealth to clear mortgage...

Equity Release Club partners with Shawbrook

Equity Release Club and AIR Sourcing have announced a new relationship with Shawbrook Bank. The Equity...

Shawbrook offers over-55s new interest-only deal

Shawbrook Bank has expanded its mortgage offering with the launch of a new '55 plus'...

Santander ups max interest-only lending age

Santander is extending the maximum interest-only mortgage lending age from 65 to 70 from...

Ticking time bomb for interest-only borrowers

27% of all interest-only mortgage holders may not be able to pay back their...

New interest-only exclusives for Paradigm members

Paradigm Mortgage Services has access to two new exclusive interest-only, fixed-rate products from the...

The Leeds improves interest-only criteria

The Leeds Building Society is increasing the loan to value (LTV) from 50% to...

17% of older interest-only borrowers unable to clear debt

Up to one in 10 over-55s homeowners across the UK are still paying interest-only...

The Hinckley & Rugby adds interest-only options

The Hinckley & Rugby Building Society is now offering an interest-only payment option across...

FSE: interest-only borrowers fuelling equity release rise

Dean Mirfin of Key Retirement says there has been a significant rise in the...

Saffron adds interest-only to occupational range

Saffron For Intermediaries is providing interest-only options across its occupational range of loan products. The occupational range...

Widespread ignorance over mortgage details

Over five million people in Britain have no idea how much their mortgage is...

Call for easy mortgage to equity release transition

Lenders need to focus plans for equity release innovation on schemes enabling customers to...

Interest-only fuelling equity release rise

Key Retirement has reported a significant increase in sales of lump sum equity release...

COMMENT

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...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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