Mortgage
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....
Newcastle Intermediaries cuts BTL rates, Furness reprices resi range
Newcastle Intermediaries has cut landlord rates by up to 36 basis points and eased criteria, while Furness has introduced lower...
Mortgage guarantee scheme accounts for 1.6% of all home loans: Treasury
The government’s mortgage guarantee scheme accounts for just over 1.5% of all home loan completions since it was launched in...
Habito launches broker retrofit tool for homeowners
Digital mortgage broker Habito has launched GreenVal, the first broker retrofit tool for homeowners. GreenVal is designed to support homeowners...
FHA Loan Limits For 2024
In the last week of November 2023, new FHA loan limits were issued for 2024. Those new limits (see below)...
Richard Merrett rejoins Alexander Hall as managing director
Richard Merrett has been appointed managing director of mortgage broker Alexander Hall. He replaces Tom Davies who resigned today (29...
Molo slashes rates on fixed rate deals
Molo Finance has announced an up to 80bps reduction in pricing across its fixed-rate product range. The new rates are...
