Mortgage

Equity Release lending tumbles 29% in Q1: ERC   

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year from...

LendInvest welcomes Wells Fargo in £200m funding deal with NAB

LendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with National...

Saffron Building Society scraps proc fee caps  

Saffron Building Society has scrapped procuration fee caps across its entire product range. The mutual says its move offers “better...

Transactions rise 26% on the month: HMRC

Residential property transactions hit 94,870 in March when measured on a non-seasonally adjusted basis, according to HMRC. This is 26%...

IDR Account Adjustment: Should You Consolidate to Get Student Loan Forgiveness?

The Biden administration finally released comprehensive new guidance for a major initiative that could result in millions of borrowers receiving...

Accord to launch first BTL 80% LTVs in seven months

Accord Mortgages is reintroducing buy-to-let mortgages at 80% loan-to-value for the first time in seven months. The new range for...

UFMIP: FHA Loan Rules

If you are a first-time borrower with questions regarding funding fees like the FHA Mortgage Insurance Premiums (MIP) and Up...

Improved outlook for parts of commercial property market: Rics

The commercial property sector remained subdued in the first quarter of 2023, although there is a more positive outlook for...

EPC registrations fall 5% in first three months: DLUHC 

The number of energy performance certificates granted in the first three months of the year fell 5% to 465,000 compared...

Precise Mortgages launches new residential range

Precise Mortgages is launching a new range of residential products combining lower rates with a wider choice to help brokers...

Labour slams Govt for abandoning first-time buyers

The Conservative government is under fire from Labour’s shadow housing secretary Lisa Nandy, being accused of abandoning first-time buyers and...

Barclays Q1 profit lifts, mortgage business slips  

Barclays profit lifted 27% to £1.8bn in the first three months of the year, but added that its mortgage business...