New build

HSBC eases new-build part-exchange criteria

HSBC has changed its residential lending criteria for new-build buyers who part exchange their...

LSL warns first-time buyers could pause plans ahead of new deposit scheme

LSL Financial Services has welcomed the government's proposed 2.5% deposit scheme for new-build homes,...

New-build homes account for 8% of properties on the market

New-build homes make up just 8.1% of properties currently listed for sale across Great...

Trade bodies welcome first-time buyer scheme but call for careful design

Mortgage trade bodies have welcomed the government's proposed Your First Home scheme, while warning...

Government plans 2.5% deposit scheme for first-time buyers

First-time buyers in England could be able to purchase new-build homes with deposits of...

NatWest opens specialist new-build support line for brokers

NatWest has introduced a dedicated telephone service for mortgage brokers handling new-build cases, providing...

Berkeley calls for stamp duty overhaul to kick-start housing market

Berkeley Group has called on the Government to slash stamp duty for first-time buyers...

Ecology launches 95% mortgage for Scottish first-time buyers

Ecology Building Society has launched a mortgage for first-time buyers using the Scottish government’s...

The Coventry raises first-time buyer lending limit to 6.5 times income

Coventry Building Society has increased the amount eligible first-time buyers can borrow to as...

First-time buyer support tops Gen Z priorities

Support for building new homes locally is almost twice as high as opposition while...

Vince Cable gives cautious welcome to station-led planning reforms

Sir Vince Cable has given a cautious welcome to government plans to streamline the...

New-build asking prices edge higher as regional divide widens

The average asking price of newly instructed new-build homes in Great Britain edged higher...

Newcastle expands broker mortgage range with higher-LTV deals

Newcastle for Intermediaries has expanded its mortgage range with the return of higher loan-to-value...

Gen H raises new-build mortgage affordability limits

Gen H has revised its affordability model to increase the amount some buyers can...

COMMENT

The industry needs to prepare now for Your First Home

The government’s announcement of the Your First Home scheme is genuinely positive news, and anything that boosts confidence among first-time buyers and people trying...

Why advisers can be part of the conveyancing team

There is a tendency to think the mortgage adviser’s involvement in conveyancing begins with recommending a firm and then largely ends once the client...

Why the AI revolution could be a golden age for financial advice

Every major technological shift creates the same debate: will it empower professionals to do more, or eventually replace them? Artificial intelligence is simply the latest...

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus is naturally on borrowing, refinancing and insurance, there is another...

One mortgage journey no longer fits every borrower

In the mortgage market, we have lots of different ways of describing customers depending on where they are in their lives. We talk about...

Latest news

First-time buyer affordability remains strained despite narrowing house price gap

Only 12.1% of potential first-time buyers can afford the average starter home in their...

Royal London targets GP report delays with digital service

Royal London is expanding its use of digital medical evidence in an effort to...

Equifinance names Jackie Burchill as lending operations director

Equifinance has appointed Jackie Burchill as director of lending operations as the second charge...

House price-to-income ratio falls to 11-year low as mortgage costs rise

The gap between UK house prices and earnings has narrowed to its lowest level...

PROFILES