All the latest breaking UK mortgage and protection news, updated daily by industry experts.
It’s one of the most frustrating experiences a client can face. A mortgage application declined, despite a solid deposit and a clean credit record. According to Santander’s latest insights, there are a few hidden reasons this happens. In this article we are going to...
Most buyers assume that a clean credit file and a healthy Experian score mean smooth sailing for a mortgage application. Unfortunately, Santander’s latest update revealed that this isn’t always the case. Not sure how much mortgage you can borrow? Get a free...
It’s been a turbulent couple of years for property buyers, but according to Santander’s recent market briefing, there’s reason to believe that 2025 could signal a turning point. In this blog, we will discuss interest rates, market confidence, lending improvements in...
In a bid to offer more financial flexibility and security to homeowners, TSB has announced the launch of their new 3-Year Fixed Product Transfer rates. Available from Thursday the 3rd of August 2023, these mortgage products are set to cater to various Loan to Value...
NatWest, one of the leading mortgage lenders in the UK, has announced today significant changes to their new and existing mortgage product ranges. The changes to mortgage products, which will come into effect from August 2nd 2023, offer a mix of rate decreases and new...
In an effort to provide some financial relief to borrowers, Virgin Money has announced a significant reduction in their mortgage rates on selected remortgage and purchase products. The rate cuts will be in effect starting from today, Tuesday the 1st of August 2023,...
According to an announcement sent out to all brokers this morning, Halifax is set to make a significant change to its lending policy from Tuesday the 1st of August 2023. The bank will be increasing its maximum working age for mortgage applications, allowing customers...
Effective from 28th July 2023, NatWest, one of the UK's leading mortgage lenders, is introducing new enhancements to its' valuation process to facilitate borrowing against properties in England constructed using cladding. These revisions aim to streamline the mortgage...
In the midst of the ongoing mortgage crisis and economic crisis in general, experts and policymakers are turning their attention to new solutions to alleviate the burden put on homeowners and hopefully revive the housing market. One potential measure gaining traction...
Good news for prospective home buyers! Barclays, one of the big six of UK's leading mortgage providers, has announced a substantial reduction in mortgage rates for home buyers, hopefully making homeownership more affordable and accessible moving forward. The move...
Last week it was announced, to much joy and relief, that inflation in the UK had fallen to a level below what was initially predicted. The Bank of England are currently aiming for an inflation rate of 2%. Despite drastic measures being taken with interest rate rises,...
In a move that may impact both new and existing borrowers, Santander for intermediaries has recently made adjustments to its mortgage rates and products. The high street bank's broker-only arm has raised selected residential and landlord rates, prompting reactions...
Skipton, one of the leading mortgage providers in the UK, has announced significant changes to its buy-to-let criteria, affecting landlords across the UK. The modifications include adjustments to the Buy-to-Let Stress Rate for different fixed-term products. The stress...
In the 12 months leading up to May 2023, the UK property market experienced a moderate increase in average house prices, according to the latest data released by The Office for National Statistics (ONS). The report indicates that the average house price across the UK...
This afternoon, mortgage lenders NatWest and Coutts, have announced rate increases on their mortgage products, despite the recent drop in inflation to 7.9%. The decision has left many customers puzzled, as the current economic climate suggests that there could soon be...
If you have any questions about UK mortgage news or or anything you’ve read then please get in touch. We’d love to hear from you.