Mortgage

NRLA demands courts speed up possession claims

According to figures published by the Ministry of Justice, it takes an average of almost 29 weeks between a private...

Aldermore raises maximum home loan borrowing age to 75 

Aldermore has raised the maximum age that borrowers can lend on home loans until the end of their mortgage term...

Govt sets out five options on leasehold reform in consultation paper 

Five options on leasehold reform have been set out by the government, following the unveiling of its Leasehold and Freehold...

Aspen appoints new head of sales

Aspen Bridging has appointed Rory Cleary to be its new head of sales. Cleary joins from MT Finance where where...

Bridging lending hits new record

A record number of bridging loans were taken out in the third quarter of this year, with both applications and...

Buy-to-let mortgage arrears up 29% in Q3: UK Finance

The number of buy-to-let mortgages in arrears rose 29% from the second to third quarter this year, according to UK...

Average house prices fall in October by 4.1%

The average house prices in England and Wales fell in October by some £15,700, or -4.1%, and now stands at...

Reliance Bank cuts rates for key workers by up to 109bps  

Reliance Bank has cut rates for key workers by up to 109 basis points, with two-year fixed-rate loans starting at...

Saffron cuts rates and boost LTVs for first-time buyers

Saffron for Intermediaries has reduced rates by up to 40bps across a range of mortgage lines, while also increasing the...

TMG Mortgage Network acquires online mortgage broker

TMG Mortgage Network has acquired online mortgage broker www.largemortgageloans.com for an undisclosed sum. The network said the acquisition marks a...

Searches for first-time buyers and landlords lift in October: L&G  

Broker searches on behalf of first-time buyers, first-time landlords, and non-owner occupiers grew by 13% in October, according to data...

BTL landlords reduce borrowing during rate rises

UK landlords are responding to higher levels of mortgage interest rates by cutting down on their borrowing. This is according...