Mortgage

Govt allocates £1bn for Eco Plus scheme

The UK government has allocated £1bn in funding from existing budgets for an ‘Eco Plus’ scheme for the next three...

Leeds brings out new fixed rates

Leeds Building Society has brought out a number of new fixed rates, which include five- and 10-year offerings. One highlight...

Clydesdale Bank reduces resi and BTL fixed rates

Clydesdale Bank has made changes to its residential and buy-to-let (BTL) mortgage range, effective today (25 November). For new customers,...

Weekly rate watch: Downward trend continues

This week, the average rate for both the two- and five-year fix fell 13 basis points, to 6.09% and 5.90%...

Three in 10 report housing bill increases in last six months: ONS

Around three in 10 of those who are currently paying rent or mortgage payments reported that these have gone up...

Comment: Tell clients about debt advice

It’s been pretty fraught for everyone in the mortgage market over the past month or so, albeit with a slightly...

Mortgage repayment worries growing: MetLife

Nearly half of people asked by MetLife – 48% – say they are worried about missing their mortgage payments, a...

Bridging completions totalled more than £1.4bn in Q3: ASTL

Bridging completions, applications and loan books all continued to grow in the third quarter, the latest data from the Association...

Cost of living causing concern over future mortgage payments: Pepper Money

Pepper Money has revealed that nearly half of homeowners (48%) say they are concerned that the cost-of-living crisis could impact...

TMW cuts BTL rates by up to 95bps, reduces fees  

The Mortgage Works will cut selected fixed-rate buy-to-let loans by up to 95 basis points from tomorrow (25 November). Nationwide’s...

Two-thirds of homeowners say they understand retrofit benefits: Hodge  

Almost two-thirds, or 62%, of UK householders claim to have a good understanding of the energy efficiency benefits of retrofitting...

Housing supply in England up 10%: Govt

Housing supply increased by 232,820 in England in 2021 to 2022, up 10% on the years 2020 to 2021, according...