All the latest breaking UK mortgage and protection news, updated daily by industry experts.
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,...
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...
NatWest has announced this morning that they will be simplifying their criteria for using earned rental income for a mortgage application, for residential purposes. Most mortgage lenders will use earned income from employment and self employment as a means to...
It has been announced today that HSBC has increased mortgage product rates on 53 of its mortgage products, impacting many different areas of residential mortgage borrowing. Some of the customers expected to be impacted by the rate increases are existing customers...
Amid recent economic policy shifts, Santander and Virgin Money have made notable changes to their mortgage rates, offering contrasting options for UK homebuyers and investors. Santander is reducing rates across its fixed-rate residential and buy-to-let mortgages, with...
October has truly been the month for rate instability in my opinion. None of us wanted rates to fluctuate as much as they have over the last month or so, and I don’t think that I was the only one who thought that we might at least enjoy some stability until the end of...
This morning, Barclays Mortgages has announced a new set of age-related criteria for its residential mortgage offerings, hoping to simplifying the mortgage application process for older borrowers. The changes, establish new guidelines for maximum age limits,...
Today, The Mortgage Works (TMW) Nationwide Building Society’s buy-to-let lending only arm released their energy efficiency report for the private buy-to-let rental sector. The latest report from The Mortgage Works explores the energy efficiency of the UK's private...
Halifax announced yesterday an increase in interest rates across its 2-year and 5-year fixed mortgage products. Borrowers will see rate hikes ranging between 0.11% and 0.24%, effective immediately. The changes come as part of a broader shift in mortgage pricing, with...
NatWest mortgages are set to take a bashing this week as the lender announces that their mortgage product rates are due to increase by as much as 0.30%. This is a sharp jolt to mortgage borrowers and frankly to mortgage intermediaries who have all been rejoicing over...
Halifax bank, one of the UK's biggest and most well known mortgage lenders will be releasing some new mortgage products over the next few days, most significantly perhaps, they will be releasing mortgages without early repayment charges. Not only does this mean that...
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