Mortgage

Gen H lowers resi rates by up to 27bps 

Gen H has cut residential fixed-rate offers by up to 27 basis points for the second time in a fortnight....

Harpenden Building Society increases proc fees to 0.30%

Specialist lender Harpenden Building Society is increasing its procuration fees for mortgage product transfers to 0.30%. The mutual, which is...

Rents drop 11% as summer heat subsides

The lettings market saw a dip in rental prices in October, following three months of rapidly escalating prices across England....

Landbay and Keystone offer range of sub-5% landlord rates 

Landbay has cut its landlord rates by up to 20 basis points starting at 4.09%, while Keystone Property Finance offers...

HMRC figures show transactions falling 19% year on year

The provisional non-seasonally adjusted estimate of the number of UK residential transactions in September 2023 is 92,600, 19% lower than...

Scottish Widows pulls out of resi, remo markets to focus on later life lending  

Scottish Widows Bank will pull out of the house purchase and remortgage markets to focus on equity release loans later...

Mortgage arrears jump by almost a quarter in Q3: Pepper Advantage 

Mortgage arrears jumped by almost a quarter in the three months to September, hitting a post-financial crisis high, data from...

West One launches limited edition resi deals, Nottingham BS cuts BTL rates    

West One Loans has launched five-year fixed-rate limited edition Prime Plus offers starting at 6.29%, while Nottingham For Intermediaries adds...

Barclays cuts resi rates by up to 26bps, HSBC reduces home and BTL offers  

Barclays has cut selected rates across home purchase and reward ranges by as much as 26 basis points, while HSBC...

Equity release figures rise in ‘fragile’ road to recovery

The equity release market grew on a quarterly basis for the first time in 12 months, according to new figures....

UK house prices projected to fall 2% in 2024: Zoopla

House price falls are now more widespread across the country, with four in five local housing markets registering annual house...

Mortgage approvals slide in September: BoE

Net mortgage approvals for house purchases fell to 43,300 in September, the lowest level since January 2023. And net approvals...