Mortgage
Metro Bank shares plunge 27% over fundraising concerns
Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with...
HSBC announces more cuts to resi and BTL rates
HSBC has announced more rate cuts across its residential and buy-to-let (BTL) range of products. The high street bank is...
Paragon’s John Phillipou appointed new chair of FLA
The Finance & Leasing Association (FLA) has announced the appointment of John Phillipou as its new chair. Phillipou, who is...
Steepest decline in construction output since height of Covid
The latest CIPS PMI construction data points to a reversal in fortunes for the sector as total industry activity in...
LendInvest cuts resi rates by up to 45bps, launches 90 LTV product
LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90%...
Virgin Money and Clydesdale Bank relax LTI rules
Virgin Money and Clydesdale Bank have relaxed loan-to-income ratios, giving customers access to higher borrowing multiples. The firms, which are...
Damning HBF report reveals extent of England’s housing crisis
England is now the most difficult place in the developed world to find a house, a damning new report reveals....
Pexa agrees £31m offer for Smoove
Australian homemoving hub Pexa has agreed to buy rival Smoove for £30.8m in a move that will boost its footprint...
UK rents hit 15th consecutive record: Rightmove
The average advertised rent for new properties on the rental market has hit another new national record of £1,278 per...
Comment: Having to barter over the Charter
We are all witnessing unprecedented intervention in the conduct arena of our industry. As we have struggled to come to...
Family Building Society lifts proc fees by up to 50bps
Family Building Society will lift its procuration fees for mortgage product transfers to up to 50 basis points from tomorrow...
Skipton BS joins other lenders in offering sub-5% mortgages
Skipton Building Society has become the latest lender to offer sub-5% home loans, as it unveils a range of rate...
