Mortgage

Housing construction falls sharply but 2024 recovery expected

The construction sector will continue to contract during 2023, although growth is modest growth is forecast for the sector in...

Clydesdale lifts resi and BTL rates by up to 40bps, launches products 

Clydesdale Bank has lifted the rates on all of its existing residential and buy-to-let fixed rate deals by 40 basis...

Satisfaction rating of lenders increases

Smart Money People’s latest Mortgage Lender Benchmark study reports an increase in overall broker satisfaction since the last study (second...

Nottingham BS loosens criteria for contract workers  

Nottingham Building Society has cut the minimum length of time contractors must have worked on fixed-term contracts to make it...

TSB raises resi rates by up to 40bps, brings back remos  

TSB has raised home loans by as much as 40 basis points today and reintroduced select residential deals after pulling...

Stamp duty receipts tumble to £2.4bn: HMRC  

Stamp duty tax receipts for April and May came in at £2.4bn, data from HMRC shows, a fall of £1.1bn...

Monthly mortgage costs may jump £50 on BoE rate hike: UK Finance   

Average variable monthly mortgage payments will rise to just under £50 if the Bank of England lifts the base rate...

Fall throughs lowest since pre-pandemic boom

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the first...

ONS HPI points to further rebalancing

The latest ONS House Price Index, shows that average UK house prices increased by 3.5% in the 12 months to...

Inflation sticks at 8.7% in May, prompts fears of higher rate rise 

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National Office...

Right DA Club launches protection helpdesk

The Right DA Club is introducing a new protection helpdesk for member firms. Available at no additional cost, it is...

TwentyEA shows supply is highest in four years

Volumes of new instructions in 2023 to date are nearly 4% higher than 2022, and only 6% lower than the...