Remortgages

2015 saw new low for fixed rates

Fixed rate mortgages fell to their lowest levels last year, while the standard variable...

64% of remortgagors secured a lower rate

11% of borrowers who remortgaged in December did so to pay off other debts...

New record peak in secured lending

October secured lending totalled £98.5m, increasing 6% from the previous record set in September,...

BBA: gross mortgage borrowing up 24% year-on-year

The British Bankers' Association (BBA) has stated that gross mortgage borrowing of £12.4 billion...

Nine-year high for equity withdrawals

The total amount of equity withdrawn through remortgaging reached £837m in the final month...

New buy-to-let deals from TSB

TSB Bank has launched two new mortgages for buy-to-let landlords looking to remortgage. Both deals are for...

Mortgage brokers “have high expectations for remortgaging”

There was a record high in the level of mortgage intermediaries’ confidence in the prospects...

BTL purchases to outstrip remortgages this quarter?

The latest Complex Buy-to-Let Index from Mortgages for Business has found that last year...

Remortgage market remaining extremely strong

The number of borrowers renewing their mortgage has doubled year-on-year in the six months...

New high for remortgaged equity withdrawal

The average amount of equity withdrawn from remortgaging has hit a new record of...

Rise in brokered remortgage volumes

31% of borrowers who remortgaged in November, did so to increase the size of...

Rise in house purchase lending

The Autumn Statement accompanied a house purchase lending jump this November, but first-time buyers...

BoE: 8.5% rise in gross advances

The proportion of lending for house purchase in the third quarter of the year...

Costs of failing to remortgage revealed

14% of homeowners attempting to remortgage in the past two years have failed to...

Latest POLL

COMMENT

Alan Cleary: Taking the helm at Chetwood Bank

When Alan Cleary retired from the mortgage industry in 2021 he thought his days of running banks were behind him. After more than three decades...

The sourcing system effect in specialist lending

In specialist lending, the right fit for a client has never been as simple as picking the top rate from a list. In sectors like...

Why the Renters’ Rights Bill should be a wake-up call for advisers and landlords

The Renters’ Rights Bill is shaping up to be one of the most significant legislative changes to the private rented sector (PRS) in decades. Expected...

Living in a box. Am I living in a cardboard box?

More young people are living with their parents than ever before. The bank of Mum and Dad has evolved into the hotel of Mum and...

Accountants, brokers and the clash of expectations

There’s an old accountant’s joke about financial advisers: the difference between us is that advisers want to look richer than their clients, while accountants...

Latest news

TSB offers cashback for buyers of energy efficient homes

TSB has launched a new mortgage product range that rewards buyers of energy efficient...

LiveMore unveils £1,000 cashback mortgage for over-50s

LiveMore, the specialist lender for borrowers aged 50 to 90 plus, has launched a...

Gatehouse Bank offers new BTL fee options and green product incentives

Gatehouse Bank has broadened its buy-to-let range for UK residents with new fee options...

Market Financial Solutions removes loan cap and cuts rates across Bridge Fusion range

Market Financial Solutions has removed the maximum loan size on its Bridge Fusion products...