Mortgage
Shrink in number of equity release products
The number of equity release mortgages fell again in June, as the prospect of further rate rises caused lenders to...
Strong growth in bridging loans, despite economic slowdown
Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued mortgage...
Halifax data shows first annual house price fall for 11 years
House prices fell by 1% over the past year — the first annual decline for 11 years — according to...
Mortgage lending falls in Q1 as affordability pressures increase
UK Finance’s Household Finance Review for first quarter 2023 reveals that squeezed budgets and higher financing costs are bearing down...
TMW relaunches landlord 80% LTV range
The Mortgage Works will return to lending at 80% loan-to-value on its buy-to-let, let-to-buy and limited company mortgages tomorrow (7...
Rightmove weekly tracker shows rising rates
Not surprisingly given the activity in the mortgage market in recent days, Rightmove’s weekly mortgage tracker shows a noticeable increase...
Alimony and Child Support: FHA Loan Rules
FHA loan rules permit alimony and child support to be counted as verifiable income for borrowers who receive it and...
Vida launches 2-year limited edition BTL loan at 5.19%
Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%....
Buy-to-Let Watch: Long view on short-term lets
The government has announced potential changes to the regulatory landscape surrounding short-term property rentals, which include holiday lets and Airbnb....
Glenhawk reveals record month of lending
Glenhawk reports a record month of lending in May, providing £54m of short-term finance. This represented a 47% increase on...
Finova adds Pure Retirement to mortgage services panel
Finova has added lifetime mortgage lender Pure Retirement to its payment and mortgage services panel. The mortgage and banking platform...
Virgin Money lifts resi, BTL variable rates by 50bps
Virgin Money says it has raised mortgage variable revert rates at its brands by 50 basis points, following two Bank...
