Remortgages

Best May for remortgaging in eight years

Monthly gross remortgage lending totalled £5bn in May 2016, according to LMS, up by...

16% have never changed their mortgage

2.5 million people in Britain, equivalent to 16% of all mortgage holders, have never...

Strong remortgage activity in May

LMS has revealed that 56% of those remortgaging in May took advantage of the...

Hinckley & Rugby lending figures aided by retentions

The Hinckley & Rugby Building Society beat its lending target in the first half of...

The Nationwide extends maximum borrowing age

The Nationwide Building Society's new maximum age for borrowing of 85 will apply to...

Kent Reliance to pay product transfer proc fee

Kent Reliance has unveiled its ‘Choices’ product transfer scheme that pays a procuration fee for brokers,...

April bounceback for remortgaging

Monthly gross remortgage lending rose to £6.4bn in April 2016, the largest amount since...

Slight shift in reasons for remortgaging

There was a fall of four percentage points in the number of people opting...

Remortgaging defies seasonal slowdown

The total number of valuations carried out in April rose 24% year-on-year – a...

19% rise in remortgage equity withdrawn

LMS has reported that the total amount of equity withdrawn by remortgaging rose by...

Major rises in purchase and remortgage activity

The Council of Mortgage Lenders (CML) has revealed that during February, home-owners borrowed £8.7bn...

New Street completes five-day mortgage app

For the first time, New Street Mortgages has issued a mortgage offer within five...

TSB unveils new deals to support ‘affordable’ housing

TSB is expanding its Affordable Housing offering available through brokers. Broadening its Help to...

Lloyds Bank launches online remortgage service

A new online service to provide increased ease for those looking to switch their...

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

No-deposit mortgages carry £73,000 London interest premium

London first-time buyers using a no-deposit mortgage could pay more than £73,000 in additional...

Conveyancing Association begins search for new chair

Nicky Heathcote is to step down as non-executive chair of the Conveyancing Association as...

Overseas funds used by almost one in 10 home buyers

Almost one in 10 home buyers use money originating overseas to fund all or...

Two-thirds of landlords’ HMOs achieve EPC ratings of A to C

Two-thirds of houses in multiple occupation owned by landlords surveyed by Paragon Bank have...

PROFILES