Mortgage

FCA says 7 lenders will pay £12m to compensate 60,000 borrowers  

The Financial Conduct Authority says seven lenders have agreed to pay £12m in compensation to nearly 60,000 customers to correct...

Do You Need A Co-Signer For An FHA Mortgage?

Some house hunters are worried they may not be able to qualify for a home loan on their own and...

Fall throughs costing the property market £476m: House Buyer Bureau

The number of property sales falling through has increased for the first time since the height of the Covid pandemic...

Comment: Be flexible and keep talking

The UK’s prevailing macro-economic trends are putting all markets under pressure, and property is no exception. The interlinking challenges of...

The Mortgage Works relaunches tracker products

The Mortgage Works (TMW) will reintroduce its range of tracker buy-to-let (BTL) mortgages from tomorrow (3 November). The new BTL...

Less than one in five want a new build home: YouGov   

Less than one in five people would like to live in a newly-built home, according to a YouGov survey. The...

FOS records 10% rise in new complaints

The Financial Ombudsman (FOS) recorded a 10% rise in received complaints between July and September. Within this period the FOS...

HTB appoints Daly as MD for specialist mortgages division

Hampshire Trust Bank (HTB) has appointed Chris Daly as managing director of its specialist mortgages division. Most recently, Daly served...

Virgin Money debuts exclusive remortgage product, cuts rates  

Virgin Money has made changes to selected residential and buy-to-let fixed-rate loans, as well as launching a new exclusive remortgage...

New equity release lending hits £1.5bn in Q3: Key  

New equity release lending hit £1.5bn in the third quarter with the average customer borrowing more than £114,000, according to...

Markets shaping up for rate hike to 3% tomorrow

The Bank of England (BoE) is preparing to hike interest rates by 75 basis points to 3%, according to multiple...

Pepper Money launches broker second charge academy course  

Pepper Money is rolling out an academy to boost the effectiveness of brokers in the second charge mortgage market. The...