Mortgage

A week of hefty rate reductions: Moneyfacts

For another consecutive week, fixed rate reductions took charge in the mortgage market, with some providers making hefty reductions. As...

UK house prices fall for sixth consecutive month: Halifax

UK house prices fell further in September, edging down by 0.4% on a monthly basis, according to the Halifax House...

FHA Loans, Bank Accounts, And Verifiable Income

Some FHA borrowers want to know if they can use a business bank account for verifiable income purposes when applying...

Ministers must reverse failed policies to deal with rental supply crisis

The National Residential Landlords Association is calling on the government to take action now to prevent a crisis in the...

HLPartnership ties up with Air to offer free later life broker courses  

A tie-up between HLPartnership and later-life lending platform Air will see the network’s brokers receive free equity release training. The...

Metro Bank shares plunge 27% over fundraising concerns  

Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with...

HSBC announces more cuts to resi and BTL rates

HSBC has announced more rate cuts across its residential and buy-to-let (BTL) range of products. The high street bank is...

Paragon’s John Phillipou appointed new chair of FLA

The Finance & Leasing Association (FLA) has announced the appointment of John Phillipou as its new chair. Phillipou, who is...

Steepest decline in construction output since height of Covid

The latest CIPS PMI construction data points to a reversal in fortunes for the sector as total industry activity in...

LendInvest cuts resi rates by up to 45bps, launches 90 LTV product  

LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90%...

Virgin Money and Clydesdale Bank relax LTI rules  

Virgin Money and Clydesdale Bank have relaxed loan-to-income ratios, giving customers access to higher borrowing multiples. The firms, which are...

Damning HBF report reveals extent of England’s housing crisis

England is now the most difficult place in the developed world to find a house, a damning new report reveals....