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Suffolk Building Society introduces higher income multiples for renters

Suffolk Building Society has increased its maximum income multiple to 5.49 for applicants with...

International landlords drive surge in buy-to-let company formations

One in five buy-to-let companies incorporated in the UK this year has at least...

Q&A: Simon Slater, e4 Strategic

Mortgage Soup fires the questions at Simon Slater, CEO of e4 Strategic. Mortgage Soup (MS):...

Mortgage lenders under fire as rates lag behind interest rate cuts

Mortgage holders are paying over £1,000 a year more than they should be according...

Industry reaction as Bank drops rates 0.25%

The Bank of England has cut interest rates to 4% following a finely balanced...

Halifax: house prices record strongest monthly rise of the year

House prices rose by 0.4% in July — the largest monthly increase since January...

Bridging market held firm in Q2

The UK bridging finance market continued to show resilience in the second quarter of...

First-time buyer mortgage payments fall by £93 a month as affordability edges up

First-time buyer affordability is showing tentative signs of improvement with average monthly mortgage payments...

Vic Jannels to step down as BDLA chief executive at end of year

Vic Jannels, chief executive of the Bridging & Development Lenders Association (BDLA), is to...

Renters cut back as deposit savings hit six-month low

The number of renters actively saving for a property deposit has fallen to its...

Mortgage market steadies as confidence returns and rates fall, says Stonebridge

The UK mortgage market is regaining its footing after a turbulent two years, with...

Interest rate cut could inflame house prices and worsen outlook for first-time buyers

The Bank of England’s expected decision to cut interest rates this week could reignite...

Landbay adds product transfer options and trims rates in expanded summer special

Buy-to-let lender Landbay has expanded its Summer Special product range with five new product...

Hope Capital strengthens portfolio management with new servicing division and internal promotion

Hope Capital has overhauled its portfolio management operation with the launch of a dedicated...

COMMENT

With great power comes great responsibility

There has been a huge amount in the press about the “feudal” system of leasehold and how the government’s revitalised commonhold will fix all...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of presenting their customers with complementary products alongside their core offering. Banks...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...

Stability has value: why the latest Bank Base Rate hold matters

The Bank of England's decision to maintain Bank Base Rate (BBR) at 3.75% may not have generated the excitement that often accompanies a rate...

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...

Latest news

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has reduced rates across selected buy-to-let and limited company buy-to-let switcher...

Mortgage industry scheme for Armed Forces leavers gains momentum

A new initiative designed to encourage Armed Forces personnel into careers across the mortgage...

Hot weather prompts homeowners to rethink cooling costs and property choices

Rising temperatures are prompting more UK homeowners to invest in cooling measures, while growing...

The West Brom promotes Gareth Madeley to chief customer officer

West Brom Building Society has appointed Gareth Madeley as its new chief customer officer,...

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