Mortgage
Bank of England holds base rate at 5.25%
The Bank of England has held the base rate at 5.25%. Many expected the Bank’s Monetary Policy Committee (MPC) to...
Landbay brings down BTL 2-year rates by as much as 50bps
Landbay has cut rates across its range of two-year fixed-rate landlord products by as much as 50 basis points. The...
Foundation launches BTL specials for landlords
Foundation Home Loans has launched a new range of buy-to-let fixed-rate specials including a five-year fixed-rate product for portfolio landlords...
West One slashes rates by up to 80bps, launches 3-year fixes
West One Loans has slashed residential rates by up to 80 basis points, while introducing three-year fixes and a cashback...
Accord announces further rate cuts across its residential range
Accord Mortgages is reducing rates across its residential range again this week. It is the third time the intermediary-only lender...
Industry reacts to Sunak’s U-turn on green pledges
The Prime Minister’s speech scrapping proposed energy efficiency targets for households, including rental properties, has received a mixed response from...
Stamp duty receipts tumble 28% to £6.4bn: HMRC
Stamp duty receipts from April to August tumbled by 28% to £6.4bn from the same period a year ago, HMRC...
Average UK house prices rise by 0.6% in past year: ONS
Average UK house prices increased by 0.6% in the 12 months to July 2023, new figures from the Office for...
Platform pulls new business deals, lifts rates by up to 10bps
Platform has pulled a range of residential and landlord products for new customers, and lifted selected mainstream and buy-to-let rates...
Paymentshield launches DIY referral service for advisers
Paymentshield has launched a new online ‘DIY referral service’ for advisers. The service allows advisers to refer their clients to...
Aldermore prepares takeover bid for Co-operative Bank: Reports
Aldermore is preparing to enter the race to takeover the Co-operative Bank, which is valued at £3.5bn. The challenger bank...
Average homebuyer needs two years of earnings to cover deposit
The average UK homebuyer currently requires almost 26 months of net earnings in order to cover the cost of a...
