Mortgage

MPowered Mortgages cuts rates on five-year fixes

MPowered Mortgages has reduced rates across its five-year fixed products. On its prime five-year fixed products with a £0 arrangement...

Aspiring homebuyers to rely on PRS amid cost-of-living crisis: Paragon Bank

Just over one third (35%) of aspiring homeowners who currently live in private rented homes are actively saving to buy...

Repossessions tumble by more than a quarter as rates jump: HBB  

Repossessions have slumped by 26% since the Bank of England began raising interest rates last year, data from the House...

FCA fines Metro Bank £10m for breaching listing rules

The Financial Conduct Authority (FCA) has fined Metro Bank more than £10m for breaching the listing rules by publishing incorrect...

Housing Market And Home Equity: What You Need To Know In 2023

The mortgage industry has been coming down from the highs of summer, 2022. Fed actions to raise interest rates had...

Buy-to-Let Watch: Lenders are doing their utmost

Rising mortgage interest rates have taken their toll and the buy-to-let (BTL) sector is no exception. This market has many...

TSB pauses new build lending at 90% LTV, cuts self-employed multiples   

TSB has paused its new build lending at 90% loan to value and will cut multiples for self-employed borrowers. The...

Skipton Building Society adds three green borrowing products

Skipton Building Society has introduced three additional green borrowing products to its range from today (12 December). Borrowers will have...

News Analysis: Stamp duty cuts run to 2025

Chancellor Jeremy Hunt confirmed in November that the stamp duty cuts announced in the September mini-Budget would end on 31...

Rics appoints Samworth as new board chair 

The Royal Institution of Chartered Surveyors has appointed Martin Samworth as chair of its new board, in line with a...

Mortgage lending to fall 15% in 2023: UK Finance

Next year will see overall mortgage lending drop 15%, says UK Finance in its forecast for 2023 and 2024. This...

LiveMore hires three BDMs to its sales team

LiveMore has appointed three business development managers (BDMs) to its sales team. Darren Cunliffe has been hired to look after...