News

UTB completes £505,000 regulated downsizing bridge in seven business days

United Trust Bank (UTB) has completed a £505,000 regulated bridging loan in just seven...

Landlords warn of rising rents and tighter screening as Renters’ Rights Act takes effect

Most landlords plan to raise rents and tighten tenant selection in response to the...

Rockstead announces leadership transition as John Barbour becomes CEO

Rockstead has announced a change at the top of its leadership team, with John...

Jackie Bennett joins e4 Strategic Board

E4 Strategic has appointed Jackie Bennett OBE as a non-executive director. The move comes as...

Landlord optimism rebounds as buy-to-let sector steadies ahead of Budget

Confidence among buy-to-let landlords has more than doubled over the past year, according to...

Nationwide expands interest-only lending to first-time buyers

Nationwide Building Society has introduced a major expansion of its interest-only mortgage range, including...

Santander trims home mover mortgage rates

Santander is cutting rates across its residential fixed mortgage range for home movers and...

Mortgage market slows pre-Budget but product choice hits record high

The mortgage market lost momentum in October as buyers adopted a wait-and-see approach ahead...

Keystone boosts efficiency with criteria overhaul

Keystone Property Finance has introduced a raft of criteria enhancements designed to speed up...

Clydesdale Bank to cut fixed mortgage rates by up to 0.30%

Clydesdale Bank is set to reduce rates across several of its mortgage ranges from...

HSBC raises income multiple for Premier borrowers to 6.5 times salary

HSBC UK has increased the maximum loan-to-income (LTI) ratio available to its Premier customers...

Average mortgage rate falls below 5% for first time in a month

The average UK mortgage rate has dipped below 5% for the first time in...

Arc & Co. and GB Bank complete £19.5m in complex funding deals

Arc & Co. has completed three buy-to-let transactions with GB Bank over the past...

Quantum Mortgages raises bridging LTV to 80%

Quantum Mortgages has raised the loan-to-value (LTV) limit across most of its bridging products. The...

COMMENT

Busting the myths that stop homeowners protecting their income

In my role at LifeSearch, I spend a lot of time talking to mortgage advisers, brokers, and, increasingly, customers directly. One thing comes up time...

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you know we’re all running pretty fast just to stand still. Between...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market over the last month or so, because the latest data-specific...

The rise of larger deposits

The first-time buyer profile is changing. Increasingly, buyers are entering the market with larger deposits than at any point in recent years as many...

Is life insurance too confusing to buy?

While there are peaks and troughs depending on where we look, the UK life insurance market is typically quite flat, including mortgage-related protection. Recent data...

Latest news

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...

The Mansfield reports record mortgage lending for second year running

Mansfield Building Society has reported record mortgage lending for the second successive year, after...

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