Mortgage
Two guilty of arranging £3m fraudulent mortgage applications
Two men have been found guilty of arranging £3m worth of fraudulent mortgage applications. Larry Barreto and Tassib Hussain pleaded...
Vida lifts home loan borrowing age to 80, extends mortgage terms to 45 years
Vida has raised the maximum age it lends to 80 from 70 years at the end of its mortgage terms....
Help to Buy’s final tally: Over 387,00 homes bought with £24.7bn of loans
The final set of Help to Buy statistics shows that the decade-long government scheme helped borrowers buy 387,195 homes with...
FTBs warned of nearly £4,000 hidden homebuying costs
First Time Buyers have been warned of the hidden costs that come with homebuying. Aldermore estimated that first time buyers...
Portfolio landlords still bullish despite market fears
Despite a high inflationary environment, which has seen interest rate hikes impact buyer confidence, the UK’s portfolio landlords remain largely...
Hinckley & Rugby BS hires Sneddon as head of mortgage sales
Hinckley & Rugby Building Society has hired Laura Sneddon as head of mortgage sales. The mutual says one of Sneddon’s...
Younger FTBs rely on friends and family for homebuying advice
Over a third of younger first-time buyers rely on friends and family for advice on the homebuying process, according to...
Newbury BS cuts resi rate by up to 40bps, TAB reduces bridging prices
Newbury Building Society has launched fixed-rate residential loans and cut rates by up to 40 basis points in its range,...
CMA looks at whether landbanks and planning rules hold back new homes
The Competition and Markets Authority has published two working papers on whether landbanks and planning rules hurt “competition and how...
When It’s Time To Close Your FHA Mortgage
Congratulations! You selected a home to buy with an FHA mortgage, your chosen FHA lender has approved your application, and...
UK house prices fall in Sept but market remains resilient
The average UK house price decreased by 0.5% in September 2023, following a month-on-month increase of 0.7% in August 2023,...
Rents rise by a record 6.1% in October: ONS
UK private rents lifted by a record 6.1% in the year to October, according to the Office for National Statistics....