Mortgage

Somo adds relationship director and two underwriters 

Somo has expanded its team by hiring a relationship director and two underwriters. The specialist bridging lender has added James...

FHA Loan Approval and Late or Missed Housing Payments

What is the connection between FHA loan approval and late or missed housing payments? The simplest formula given to most...

Lloyds tops lending poll for resi and BTL mortgages: UK Finance 

Lloyds Banking Group snatched the top spot in the annual ranking for buy-to-let lending from Nationwide, according to UK Finance...

Barratt numbers further evidence of housebuilding slowdown

The UK’s largest housebuilder, Barratt Developments, has seen a significant fall in profits as rising interest rates and the end...

Development finance costs static despite rate rises

Industry analysis by debt advisory specialists Sirius Property Finance reveals the cost of development finance has increased by just 0.1%...

Construction work falls 0.2% in May: ONS   

UK Construction work fell by 0.2% in May compared to the month before, data from the Office for National Statistics...

New buyer enquiries hit eight-month low – RICS

House prices and sales have declined, while new buyer enquiries have fallen to an eight-month low, the latest research from...

Landbay launches limited edition BTL range from 5.15%   

Landbay has launched a range of 18 limited edition standard five-year fixed rate products, with rates starting at 5.15%. The...

Prime London market ‘remarkedly resilient’ in Q2: Savills  

Prime London property prices slipped by 1% over the last year as cash buyers buoyed a “price sensitive” market, says...

Gove housing budget handback is bad news for FTBs

The Department for Levelling Up is handing back £1.9bn to the Treasury originally meant to tackle England’s housing crisis after...

TMA Club adds Cirencester Friendly to protection panel

TMA Club has announced it is adding Cirencester Friendly’s range of income protection products to its protection panel. Through the...

Calls for govt action as landlords face steep rise in BTL repayments

There are calls for urgent government action to support landlords in the private sector, after the latest Bank of England...