Mortgage

UK house prices ease to 1.7% rise in June: ONS  

Average UK house prices slowed to a 1.7% rise to £288,000 in the year to June, data from the Office...

Industry reacts as UK inflation falls to 6.8%

The industry has warned there is still a rocky road ahead despite UK inflation falling from 7.9% to 6.8%, its...

NatWest launches second round of rate resi cuts of up to 45bps  

NatWest has launched a second round of selected rate cuts for new and existing residential borrowers in a week of...

Regular and lump sum repayments to spike as homeowners struggle

Total mortgage repayments are set to fall in 2023 according to the latest analysis by Octane Capital. However, a jump...

Industry must prioritise consumer vulnerability as arrears rise: LiveMore

LiveMore is calling on lenders and intermediaries to take particular note of the vulnerability aspect of the Consumer Duty rules,...

FHA Loan Policies: Interest Rates

When you apply for an FHA loan, one of the most important questions to ask is about interest rates. You...

Hodge boosts pension drawdown criteria 

Hodge has raised the percentage of pension drawdown it accepts for later life applicants. The bank says its drawdowns will...

Mortgage rates moving right way for borrowers: Rightmove

Rates currently continue to move in the right direction for new borrowers, with average five-year rates dipping below 6% for...

One in 10 home sellers open to part exchange

As many as one in 10 UK home sellers would consider a part exchange property transaction when buying their new...

Confidence in market ‘surprisingly’ steady for Q2: IMLA

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals surprisingly upbeat market sentiment among advisers...

Comment: Specialist lending becoming the new mainstream

In today’s evolving financial landscape, we are witnessing unprecedented shifts that are reshaping borrowing patterns and access to finance. This...

Coventry for intermediaries cuts resi and landlord rates  

Coventry for intermediaries will cut selected new business residential and landlord fixes, while pulling other products. The lender says it...