First-time buyer sales hit a post-recession high of 29,700 in July as buyers took advantage of low rates, the First Time Buyer Tracker from Your Move and Reeds Rains has found.
NatWest is increasing its 60% loan-to-value residential rates by between 0.06% and 0.14%.
Barclays has cut rates across its fixed rate range and introduced four new fixed rate deals starting from 1.53% for a 2-year deal up to 60% loan-to-value with a £999 fee up to £1m.
The imminent prospect of a base rate rise led to a 5% monthly demand surge for homes in July while the supply of property nosedived 15% annually, Haart estate agents claim.
Nationwide has reported that annual UK house prices rose by 3.2% in August 2015 from a year earlier, down from 3.5% a month earlier, and the slowest rate of growth since June 2013.
Legal & General Mortgage Club has launched a Mortgage Credit Directive guide and matrix explaining what it means to brokers and to keep them informed of regulatory announcements ahead of new rules coming into force on March 2016.
Connect Mortgage Club has launched semi-exclusive range of buy-to-let products through its partnership with Marsden Building Society.
New CML data on the characteristics of lending in Greater London in the second quarter of 2015 show home-owner house purchase activity came out of the traditional seasonal dip to show growth in the second quarter by volume and value, but...
Paradigm Mortgage Services has secured a number of product exclusives from Virgin Money exclusively available for members of network, Caerus Financial.
Mortgage approvals numbers in July were 15% higher than a year ago, with house purchases rising 11% and remortgaging nearly 29% up – its highest level for 4 years – as borrowers continue to lock in to fixed rates to maintain control of their...
Commercial Trust has selected MortgageBrain Classic as its preferred mortgage sourcing technology solution.
Bank of Scotland were the most complained about mortgage lender in the first half of 2015, data from the Financial Ombudsman Service has revealed.
A husband and wife-led mortgage and protection firm called Your Mortgage Expert opened its doors in Wiltshire in the South West of England today.
Spain is the most popular destination for Brits buying abroad, the Property Hotspots Report from foreign exchange broker HiFX has revealed.
Shawbrook Bank’s Commercial Mortgages division has released its service level agreement metrics for July revealing that over 99.6% of term loans were processed within 72 hours and 100% of short-term loans processed within 48 hours.
The number of homes coming onto the UK property market has surged to its highest level since 2010, research from Experian claims.
Adrian Whittaker is to join Kensington with rumours that he will take on a sales role at a new lender being launched later this year by Kensington's parent company Acenden.
Chancellor George Osborne is targeting selling off the government’s remaining Lloyds Banking Group shares within a year, Reuters has reported.
A plethora of economists including ex-Monetary Policy Committee member David Blanchflower have backed aspiring Labour leader Jeremy Corbyn’s anti-austerity economics.
Remortgage activity surged in July in terms of the number and value of loans, data from Legal Marketing Services has revealed.
Equifax has launched a product which assesses companies and owners to help financial institutions assess lending risks and meet regulatory obligations.
The value of bridging loans written by members of the Association of Short Term Lenders increased by a third (32%) in the year to June 2015 year-on-year.
A Blacks solicitor battled through wind and rain to cycle an epic 310 miles from Newcastle to London over the weekend.
Research by Paragon Mortgages shows a decline in the number of owner-occupied remortgages in the second quarter – down from 35% in Q1 to 32% in Q2.
Demand for personal loans to pay for a deposit, stamp duty and legal fees and home improvements has risen with property-related expenditure the most common reason for taking a loan.
The number of house hunters registered per estate agency branch hit its highest level in 11 years, figures from the National Association of Estate Agents show.
The number of UK buyers being gazumped has dropped 40% since October 2014, research from eMoov.co.uk suggests.
e.surv has announced that Paul Collins will join the business at the end of September as corporate governance director.
Amicus has completed the market’s first ever short-term mortgage-backed securitisation worth £100m.
A brave solicitor is psyching himself up for a 300 mile cycle from Newcastle to London tomorrow – in the thunder and lightning.
LSL Corporate Client Department, the asset and property management experts, has appointed Paul Belson to its corporate property management division as non-executive director.
Brokers who specialise in new build mortgages must find a way to balance the business needs of their developers with the advice needs of the client, Andy Frankish has warned.
Land Registry completed over 1,578,940 applications from its customers in July.
Barclays Mortgages has reduced the threshold at which the five times income multiple cap applies to £175,000 - previously greater than £200,000.
The cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by Halifax.
Consumers are feeling poorer again with sentiment towards people’s current financial situations falling in July.
Santander has slashed rates on three high loan-to-value products in its range in a bid to support first-time buyers and those with lower deposits.
The Mortgage Works is cutting rates by up to 0.50% on its buy-to-let products from Friday 21 August 2015.
Rents are rising fast – as the typical month rent exceeded £800 in July for the first time, the latest Buy-to-Let Index from Your Move and Reeds Rains has found.
Quarterly house prices increased by 4.3% in the UK’s top 20 major cities in July – the highest growth rate for 11 years, Hometrack’s UK Cities House Price Index has revealed.
Britain upped its housebuilding levels to 131,000 in the year to June 2015 – a number which still stands way below the annual target of 250,000 per year set by the Barker Review of Housing Supply in 2004.
Brits keep £847bn of the nation’s wealth under lock and key in the form of contents and possessions, Legal & General Mortgage Club’s Home Truth research has revealed.
IRESS UK made £28.9m in the six months to 30 June 2015, a 4.1% increase year-on-year when excluding the results from its master broker business Enterprise Lending.
Countrywide has appointed Paul Wareham as managing director of its Surveying Services division.
Accord Mortgages has trimmed its 2 and 3-year fixed rate residential mortgages by 0.10%.
July’s mortgage lending reached its highest level for seven years after £22bn of finance was issued last month, data from the Council of Mortgage Lenders has revealed.
Precise Mortgages is planning a major revamp of its new build proposition in mid September in a bid to boost its lending in the sector.
Birmingham schools are top of the pile when comparing the performance of state schools and the property prices in the catchment area.
Lancashire Mortgage Corporation, has helped a client save a legacy as well as increasing an asset value, thanks to its fast and flexible approach.
Lorna Bown has joined the Property Codes Compliance Board’s inspection team to help regulate the search code and the recently launched invasive non-native species code.
VitalityLife is boosting its face-to-face service for advisers by training up business consultants in what it calls the ‘business consultant talent academy’.