Mortgage

Homes cost 10.6 times earnings despite wage rises: Wayhome  

The average UK home costs £285,000, which is 10.6 times the average salary, despite wages outpacing house prices, data from...

FHA Loan Expenses That Can Be Paid By The Seller

One common question about FHA loans involves whether the seller can pay some of the expenses of the borrower’s FHA...

Virgin stresses evening deadline for fixed rate deals

Virgin Money has contacted mortgage brokers with a reminder that it is making changes to its residential and buy-to-let mortgage...

Landbay debuts BTL remortgages with lower stress tests

Landbay has launched a suite of two-year fixed-rate like-for-like remortgages for landlords, with a lower interest cover ratio stress test....

Cover feature: No deposit required

Shutterstock / SERSOLLNew mortgage deals rarely make front-page news, but Skipton Building Society created headlines in May with its 100%...

Costs continue to rise for first-time buyers – Rightmove

The average monthly mortgage payment on a first-time buyer type property for someone taking out a five-year fixed, 85% LTV...

Commercial building work to lift 2.8% in 2023: Sirius

Commercial building work is expected to lift 2.8% to £19.2bn this year, building on its pandemic recovery, according to data...

Value of mortgage advances lowest since 2020 – BoE

The Bank of England’s latest raft of mortgage lending statistics for the first quarter reveals that the value of gross...

Keystone reduces rates and adds new products

Keystone Property Finance has reduced all of the products in its product transfer and Switch & Fix ranges by 20...

The Nottingham hires BDMs for North-East, South of England  

Nottingham Building Society has hired two new business development managers to add to its sales team. The mutual says Avril...

Mortgage Matters Direct and Acre sign broker platform partnership 

Mortgage Matters Direct has signed a partnership with intermediary platform Acre, which the broker firm says will streamline research, recommendations...

Over half with credit blips face mortgage challenge

Over half (53%) of UK adults with a credit blip reveal it has impacted their ability to get a mortgage,...