Mortgage

House building falling at steepest rate since May 2020

The latest UK Construction PMI data signals a modest upturn in overall UK construction output, driven by faster rises in...

Paragon Bank posts 19% jump in landlord lending  

Paragon Bank reported a 19% increase in buy-to-let lending during its first six months of the year to £1bn, adding...

HUD Takes Action To End Appraisal Bias

The Department of Housing and Urban Development is acting against bias in the appraisal system. “Owning a home provides a...

UK housing policy is ‘bonkers’: Family Building Society  

The chief executive of Family Building Society has called the “revolving door” of UK housing ministers over the last 13...

Together increases securitisation facility to £825m

Together Financial Services has successfully increased its revolving Lakeside securitisation programme (LABS) from £700m to £825m. The LABS facility finances...

Fifth of FTBs prepared to take on 35-year mortgage – UK Finance

Almost one in five first-time buyers are prepared to take out mortgages lasting over 35 years in the present interest...

House sales to remain ‘price sensitive’ over 2023 into 2024: Savills  

Mortgage rate rises over the last two weeks will heap “pressure” on buyers with house sales “remaining price sensitive” throughout...

Roma Finance hires Reynolds as BDM for the North  

Roma Finance has hired Claudine Reynolds as business development manager for the North. The buy-to-let specialist lender says Reynolds will...

Market Watch: Cool heads required

I used to write this column weekly, which was both easier and harder. Easier, because it was more about products...

Black & White Bridging plans to boost record loans pace  

Black & White Bridging plans to grow its pace of lending following a record two years of loans growth. The...

Fleet returns with two and five-year fixes up to 75% LTV

After pulling fixed rate products late last month, Fleet Mortgages has launched a range of two- and five-year fixed-rate mortgages...

Remortgage nightmare looms for UK homeowners – Hargreaves

There’s a remortgage nightmare in store for millions of UK homeowners, according to research from Hargreaves Lansdown. Figures from a...