Mortgage

Lenders say mortgage demand fell in Q4, forecast to pick up in Q1: BoE  

Mortgage demand for home loans and remortgages fell in the final quarter of last year, but both are expected to...

Virgin Money scraps interest-only cap for LTI ratios  

Virgin Money has removed its interest-only cap, so this repayment method no longer features in the bank’s loan-to-income ratio. The...

Mortgage 1st launches specialist lending brand

Mortgage brokerage Mortgage 1st has launched a specialist lending brand to keep up with unpredictable market conditions. Specialist 1st will...

Leeds Building Society cuts rates for remos, FTBs

Leeds Building Society has cut rates for homeowners looking to renew their mortgage and first-time buyers by an average of...

Home improvements most popular use of equity release

Home improvements continued to be the primary reason for new equity release customers, data from Legal & General Home Finance...

Mortgages for Business rebrands as Mortgage Finance Brokers  

Mortgages for Business has completed a rebranding and will be known as Mortgage Finance Brokers. The broker firm, founded in...

DPMSG publishes roadmap for crucial market change

The Digital Property Market Steering Group (DPMSG) has published its’ roadmap to drive crucial change in the land and property...

FHA Home Loan Options In 2024: Build, Buy, Or Wait?

January 17, 2024 2024 may be the year more people think about owning a home thanks to anticipated lower mortgage...

Henry Dannell appoints new head of commercial lending desk  

Henry Dannell has appointed Victoria Legg as head of commercial lending and strategic partnerships. Legg brings a wealth of financial...

Surprise inflation rise to 4% dampens hopes of spring base rate cut   

Inflation rose unexpectedly to 4% last month, its first rise in almost a year, which dented hopes of an early...

UK house prices see biggest fall since 2011

The average UK house price decreased by 2.1% in the 12 months to November 2023, the largest annual fall since...

Regional shift in average Scottish house price moves

At a national level, the picture this month shows Scotland’s average house price in November 2023 barely changed over the...