According to the recently released Barclays Property Insights report, UK rental and mortgage payments have surged to their highest level in over a year, with an increase of 6.4% in October 2024. This marks the steepest growth in housing costs since September 2023, yet...
HSBC has announced a huge increase in mortgage rates across nearly all of their lending categories including residential and Buy-to-Let mortgages. It is quite clear that this rate rise from HSBC (one of the UK’s big six lenders) will negatively impact a lot of...
Almost certainly in response to the recent base rate reduction by the Bank of England, Leeds Building Society has announced updates to its mortgage products. Although not one of the typical big six lenders of the UK, Leeds’s new mortgage products definitely offer some...
Thinking of becoming a property developer? Bravo. According to a 2023 article in The Big Issue, there are around 261,000 empty or abandoned homes in the UK. Yes there is a housing crisis in England, but with over 200,000 empty properties in desperate need of...
NatWest has announced significant changes to its New Business product range, set to take effect from the 30th of April 2024. These changes include the introduction of new high value mortgages intended for customers seeking to purchase or remortgage properties that are...
In a message released this morning, and following in suit with other UK mortgage lenders, TSB has announced significant changes to its mortgage rates, affecting both residential homeowners and buy-to-let landlords. The bank revealed plans to withdraw certain mortgage...
Virgin Money has today announced the release of its latest mortgage offering, the Fix and Switch product, extending its range of mortgage solutions to not only residential purchasers, but also seasoned buy-to-let landlords. The new product, which has most recently...
Some newly released information today is sure to send ripples through the housing market, mortgage lenders Accord Mortgages and NatWest have both announced significant rate increases, dashing the hopes of many borrowers and mortgage brokers who were anticipating a...
Welcome to our exclusive interview with Ben Goddard, the Associate Director and Head of Lettings at Winkworth Southfields. As one of London's premier estate and lettings agencies, Winkworth has a rich and well respected history spanning over 180 years. Winkworth is...
Barclays bank has announced significant changes to its mortgage criteria, impacting new-build house purchases, minimum UK residency requirements, and the minimum age for buy-to-let applications. Let’s explore what these new Barclays mortgage changes are, why they are...
In a new development for the UK housing market, recent research from Uswitch has revealed a significant intention among landlords to sell their properties within the next year. This revelation marks a potential shift for the UK property landscape, with implications...
Today, Metro Bank has announced significant enhancements to its large loan mortgage offerings. These changes, effective immediately, promise greater flexibility and accessibility for borrowers seeking mortgages above £1 million. As a leading whole-of-market mortgage...
Our client, found himself at a crossroads. Eager to move to a new home, he was hindered by his existing mortgage terms. While enjoying a remarkably low-interest rate of 1.38%, he faced the grim reality of early repayment fees amounting to a staggering £44,800. With...
In their latest update sent to our brokers at Oportfolio Mortgages, Santander have announced some incredible changes to their mortgage lending proposition. Most notably to mortgages for people looking to secure large mortgage loans of up to £3 million. The new...
Investing in multi-unit buy-to-let properties has always been an enticing avenue for property investors. However, securing financing for them, especially with the added complexity of potential adverse credit, can be challenging. But we have a solution! In this article...
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.
Join our mailing list and receive a link to our latest ebook, Understanding a Volatile Mortgage Market. 23 pages of practical insights to navigate the unpredictable mortgage landscape.