Yes, it is possible to get a 100% mortgage in the UK, but usually with family support. Family Building Society has launched an enhanced Family Mortgage available up to 100% loan-to-value (LTV), giving first-time buyers and home movers a way to buy without a...
The Mortgage Works’ latest Buy-to-Let Barometer report highlights a significant shift in landlord sentiment, with confidence in the Private Rented Sector (PRS) weakening compared with last year. At a time when regulation, taxation and interest rate pressures are...
With the average UK house price now surpassing £300,000, according to Halifax, mortgage affordability remains one of the biggest barriers facing buyers, particularly first-time buyers trying to secure their first home. In response to growing affordability challenges,...
London based mortgage lender Metro Bank has recently unveiled the upgraded version of its mortgage origination platform. The platform aims to revolutionise the mortgage application process for intermediaries while laying the groundwork for the launch of new products...
When it comes to mortgages, there are various types available to suit different financial situations and goals. Sometimes a standard repayment and interest loan is neither beneficial or appropriate for a borrower, and alternative repayment methods might be more...
Over the last few months, the UK has seen a sharp increase in average mortgage rates due to increasing economic pressures. This coupled with the general cost of living crisis has meant that many people who were once enjoying low mortgage costs and relatively...
The UK mortgage market has witnessed its fair share of fluctuations in recent months, with interest rates playing a pivotal role. As homeowners and prospective buyers seek stability and affordability, the question on everyone's minds is whether we are headed for seven...
In an exciting development for prospective homebuyers and existing mortgage holders, TSB has announced significant improvements to its lending criteria. Effective from the 13th of July 2023, the changes aim to enhance affordability and accessibility for borrowers....
London is a great city...in fact, ask a resident and they will most likely tell you that it is the greatest city in the world! Yes, we might not have the best weather all the time, we might not have the white sand beaches and crystal blue oceans, but there is...
One of the biggest issues that new borrowers and existing mortgage owners struggle with nowadays is mortgage affordability. Yes, you may be able to afford a £1,000 a month rental payment or your existing mortgage of £2,000 a month, but unfortunately this means nothing...
New data released by E.surv in their June 2023 House Price Index confirms that UK house price growth has slowed again for the 10th month in a row. What does this mean exactly? And what can we expect from UK house prices moving forward. Is owning a property right now...
In a somewhat concerning development for prospective home buyers and existing borrowers, two-year fixed mortgage rates in the UK have climbed to their highest level since the 2008 financial crisis. Also surpassing the peak at the release of the mini-budget. Recent...
Taking a slightly different angle to the mortgage news that most people are reporting about people struggling to pay their mortgages and record high interest rates, we are going to talk in this blog about people who can afford to make mortgage overpayments on their...
Halifax for intermediaries, the lending channel accessible only by mortgage brokers, have announced a new initiative to support mortgage applications for high net worth mortgages. Referred to as 'premier customers', mortgages for higher loans need extra care and...
Today mortgage lender Accord Mortgages announced that they will now offer Joint Borrower Sole Proprietor mortgages. This new revelation from Accord is great news for people looking to purchase their first property, who might fall short of the regular high mortgage...
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.