Mortgage

Nottingham BS loosens criteria for contract workers  

Nottingham Building Society has cut the minimum length of time contractors must have worked on fixed-term contracts to make it...

TSB raises resi rates by up to 40bps, brings back remos  

TSB has raised home loans by as much as 40 basis points today and reintroduced select residential deals after pulling...

Stamp duty receipts tumble to £2.4bn: HMRC  

Stamp duty tax receipts for April and May came in at £2.4bn, data from HMRC shows, a fall of £1.1bn...

Monthly mortgage costs may jump £50 on BoE rate hike: UK Finance   

Average variable monthly mortgage payments will rise to just under £50 if the Bank of England lifts the base rate...

Fall throughs lowest since pre-pandemic boom

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the first...

ONS HPI points to further rebalancing

The latest ONS House Price Index, shows that average UK house prices increased by 3.5% in the 12 months to...

Inflation sticks at 8.7% in May, prompts fears of higher rate rise 

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National Office...

Right DA Club launches protection helpdesk

The Right DA Club is introducing a new protection helpdesk for member firms. Available at no additional cost, it is...

TwentyEA shows supply is highest in four years

Volumes of new instructions in 2023 to date are nearly 4% higher than 2022, and only 6% lower than the...

Chancellor to hold mortgage summit on Friday 

Chancellor Jeremy Hunt will meet with mortgage lenders on Friday to urge them to do all they can for borrowers...

Interest-only mortgages fell 7% in 2022: UK Finance  

Interest-only homeowner mortgages fell 6.9% to 702,000 last year compared to 12 months before, says UK Finance, as lenders look...

Virgin reveals fixed and BTL rate increases

Virgin Money has confirmed changes will be made to a range of mortgages from 8pm this evening (20th June). Two-year...