Landlord confidence in the UK rental market has seemingly taken a hit, with fewer landlords feeling positive about rental yields compared to a year ago. That is at least according to the latest research from The Mortgage Works (TMW), the UK buy-to-let property market...
Today, BM Solutions (part of Lloyds Banking Group) has announced significant changes to their buy-to-let (BTL) and let-to-buy (LTB) mortgage criteria. From tomorrow (Friday the 29th of November) landlords will have greater borrowing flexibility, providing them with...
In a potential sign of a bit of market stability, Barclays and Bank of Ireland have both announced significant reductions in their fixed mortgage rates, a few weeks after the UK Government unveiled its latest budget. This comes after a turbulent few months and lets be...
2022, going in to 2023 has been an incredibly difficult time for many people. The current economic crisis that we find ourselves in has tightened a lot of people's purse strings, eaten up savings, and has unfortunately left many worse off than they were before. As a...
As we reach then end of the first week of March 2023, the mortgage market has already seen a lot of changes coming in from mortgage lenders. Not all of them positive! Unfortunately a few lenders have started to increase their mortgage rates again, despite reducing...
Statistics recorded and released by the Bank of England show that mortgage approvals on average have slumped and fallen for the fifth month in a row. This means that more mortgage applications, which would normally go through to offer smoothly, are being declined or...
Halifax bank and buy-to-let only lender BM solutions (Birmingham Midshires) have announced this morning that they have made some changes to their products, specifically around their completion dates on selected products and mortgage types. Here is a breakdown of what...
Historically, owning prime property in London has been a safe and savvy way to invest your money. People from across the globe have fought to own an exclusive piece of the capital. And it looked like this was going to continue forever. However, a disastrous turn of...
One of the most common questions and enquiries that we get, especially being based in London and working with highly skilled professionals on a regular basis, is the subject of how to get a mortgage as an independent contractor. Contractors are an essential part of...
Both Accord Mortgages and Coventry Building Society have sent out email notifications this morning to mortgage advisors, announcing that they are making some big reductions on their UK mortgage rates. These welcome changes come after a week of uncertainty as some...
As more and more news articles are produced about the current economic struggles that the UK faces, we hear a lot about the impact that the economic crisis will have on young people. However, studies show that a large amount of over-50s are actually concerned about...
Troubling statistics released show that in January 2023, house sales were the lowest that they have been in 8 years since January 2015. Why has this happened? Will it get better? And what could this mean for people looking to get on the property ladder and build their...
Back in the day, purchasing your first home was much easier. We know that this has become a bit of a cliché, but it's true! 20, 30, 40+ years ago, buying a home in your early 20's was something that was expected to happen. In 1983 the average price of a house in the...
Perhaps the biggest stumbling block for first time buyers when considering flying the parent's nest or finally getting out of the generation rent cycle. How much deposit do you need as a first time buyer, and how are you supposed to save a deposit in this day and age?...
For the last few week we have been reporting on the welcome rate reductions coming from most lenders following the dramatic rate hike of 2022. For many mortgage brokers, it looked like things were finally returning to somewhat normal levels. However, Virgin Money, the...
If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.
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