Homebuilder stocks soar to new highs on insatiable demand for housing

May 18, 2023by

A construction worker applies trim to the roof of a new home in Foley, Alabama, US, on Wednesday, Dec....

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For lower mortgage rates, finish more apartments

May 18, 2023by

The best way to fight inflation and get lower mortgage rates is to get more apartment units finished, and...

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Alternative Bridging Corporation hires Khan as BDM for London and South East  

May 18, 2023by

Alternative Bridging Corporation has hired Amir Khan as business development manager for London & South East.   ...

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Broker queries about adverse credit and affordability rise in last quarter

May 18, 2023by

Adverse credit and affordability issues dominated queries received at TMA Club’s broker support desk, showing how the cost-of-living crisis...

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Borrowers warned crypto-assets could make it harder to get a mortgage

May 18, 2023by

Lenders are likely to look even more unfavourably towards cryptocurrency assets — after MPs called for these assets to...

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Mortgage arrears rise in tough climate – UK Finance

May 18, 2023by

There were 76,630 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the first quarter...

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Economic pressures restrict growth in construction industry

May 18, 2023by

Revenue generated from the construction contractor sector look set to shrink next year, despite an increase in the number...

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Halifax Intermediaries improves affordability criteria for 5-year fixes 

May 18, 2023by

Halifax Intermediaries has lifted its loan-to-value ratio from 75% to 90% to boost maximum loan amounts for purchase or remortgage...

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Clydesdale Bank withdraws 6 products at 80% LTV   

May 18, 2023by

Clydesdale Bank has withdrawn six 80% loan-to-value offers that cover exclusive remortgage deals and products for new customers.   Its...

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Sharp rise in repossession activity: MoJ

May 18, 2023by

Mortgage repossession claims increased by 40 per cent over the past year, as higher interest rates and rising living...

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