Mortgage
UK economy contracts by 0.2%: ONS
UK gross domestic product (GDP) fell by 0.2% in the third quarter of the year and by 0.6% in September...
Monthly construction output increases for third consecutive month: ONS
Monthly construction output increased by 0.4% in volume in September, the latest Office of National Statistics reveal. September shows the...
Coventry for Intermediaries cuts fixed rates and launches tracker product
Coventry for Intermediaries has reduced fixed-rate residential products, including two-, three- and five-year options across 65-85% loan-to-value (LTV) brackets. Base...
The Mortgage Works cuts BTL rates by up to 95bps
The Mortgage Works will cut selected fixed-rate loans across its buy-to-let and limited company BTL range by up to 95...
PCF Bank exits UK banking market
PCF Bank has announced it will withdraw from the UK banking market after failing to raise capital and secure strategic...
Nationwide latest lender to make fixed rate cuts
Nationwide has made cuts of up to 70 basis points across its two-, three-, five- and ten-year fixes and its...
Bluestone cuts resi rates by up to 80bps for the underserved
Bluestone Mortgages has cut rates by up to 80 basis points across its three and five-year fixed-rate residential product ranges,...
Landlord repossessions hit record in Q3: Ministry of Justice
Landlord repossession claims hit record levels in the three months to September, while mortgage possessions jumped “significantly” according to the...
Govt 95% mortgage guarantee scheme sees uptick in completions
There have been 24,153 mortgage completions through the 95% mortgage guarantee scheme since its launch in April 2021 to the...
Arrears numbers flat in Q3 but lenders warned to brace for rise
The third quarter of this year saw 1% fewer homeowner mortgages in arrears than in Q2, show new figures from...
News Analysis: What follows Help to Buy?
The UK government’s Help to Buy (HTB) scheme is ending after nine years and there is currently no planned replacement....
FHA Loans In 2023: Changes In The Housing Market
Some market watchers are asking the question–is it possible we will see house prices fall in 2023? Indicators from Federal...
