Mortgage
Co-operative sector urges next govt to back purpose beyond profit businesses
The mutual and co-operative sector has called on the next UK government to support businesses with purpose beyond profit. The...
Fifth of UK adults missing payments over year
One in five (18%) UK adults – the equivalent to 9.7 million people – have missed a payment in the...
CHL Mortgages offers BTL rates from 3.65%
CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to...
LBS enhances criteria for newly qualified professionals
Loughborough Building Society has enhanced its criteria for newly qualified professionals and those with benefits income. The Society said the...
Resi transactions continue downward trend: HMRC
Non-seasonally adjusted residential transactions are down by 2% relative to September 2023 whilst seasonally adjusted residential transactions have fallen by...
Metro Bank outlines hundreds of job cuts as part of £50m cost savings plan
Metro Bank plans to make hundreds of job cuts as it reviews seven-day opening hours and implements £50m of cost...
Barclays rate cut sees five-year resi fixes start at 4.39%
Barclays has made a second round of residential rate cuts in a week, which sees five-year fixed-rate deals reduced by...
Mortgage approvals rise for first time in four months: BoE
Mortgage approvals lifted 8.5% to 47,400 in October compared to the month before, data from the Bank of England shows,...
Building Society mortgage lending tumbles 21% to £44.8bn
Gross mortgage lending among mutuals fell 21% to £44.8bn in the first nine months of the year compared to 12...
Average UK five-year fixes hover just above 5%
The downward trend on UK fixed rate mortgages is continuing, according to the latest figures from Rightmove. The average five-year...
Buy-to-Let Watch: Worth the effort? HNW loans
The FCA defines a high-net-worth (HNW) mortgage client as: “A customer with an annual net income of no less than...
UK built 234,400 homes this year, 70 fewer than 2022: DLUHC
The UK built 234,400 homes in the 2022-23 year, government data shows, which is 70 fewer than a year ago....
