Mortgage
News Analysis: Is the Mortgage Guarantee Scheme fit for purpose?
Since its launch in April 2021, the Mortgage Guarantee Scheme has accounted for just 1.6% of all UK residential mortgage...
Lendco joins Twenty7tec’s SOURCE module
Twenty7tec has added Lendco to its SOURCE module, adding to the platform’s landlord mortgage products. The lender, which launched in...
Government on track to collect record IHT receipts this year
The Government continues to collect a record amount from inheritance tax, according to the latest data released from HM Revenue...
Landlords support MPs call for housing benefit boost
The National Residential Landlords Association (NRLA) is backing proposals by MPs on the Work and Pensions Select Committee for housing...
Nokkel joins Equity Release Council
Fintech platform Nokkel has joined the Equity Release Council. Nokkel’s platform uses technology to provide advisers with up-to-date information and...
Nationwide confirms £2.9bn offer for Virgin Money
Nationwide has confirmed its £2.9bn cash offer for Virgin Money, which will create the second-largest mortgage provider in the UK....
Fixed-rate mortgages cheaper over six months, despite recent increase to pricing
The cost of short-term fixed rate mortgage products has reduced over the past six months, despite the recent price increases...
Stamp duty receipts slump 23% to £13.8bn
Stamp duty receipts slumped 23% to £13.8bn between last April and February in England compared to the same period a...
BoE holds rates at 5.25% for fifth consecutive month
The Bank of England’s rate-setting body the Monetary Policy Committee (MPC) has decided to keep interest rates on hold at...
BoE rate decision: MPC says ‘not yet’ to rate cut
The Bank of England kept interest rates level at 5.25%, its fifth consecutive hold. Despite more positive inflation figures emerging...
Fixed deals still up year on year but outlook improving: Rightmove
Rightmove’s weekly mortgage tracker shows that the average five-year fixed mortgage rate is now 4.85%, up from 4.62% a year...
Natwest reveals rate changes on New Business range
NatWest has confirmed that from 21 March changes will be made to its New Business product range, details of which...
