Bridging lending rebounds in Q3 as interest rates continue to rise

November 1, 2023by

Bridging loan transactions saw a 15.3% increase in the third quarter, totalling £191m. This is according to the latest...

Read more

October house prices rise but remain ‘extremely weak’: Nationwide  

November 1, 2023by

UK house prices rose 0.9% in the month to October, but are down 3.3% from a year ago, leaving...

Read more

West One Loans launches five-year fixed rate mortgage products

November 1, 2023by

West One Loans has launched its limited edition five-year fixed rate mortgage products for borrowers including first-time buyers and...

Read more

Accord adds tracker mortgages without early repayment charges 

November 1, 2023by

Accord will add a suite of tracker mortgages with no early repayment charges to its residential new business range,...

Read more

Molo Finance to use landlord income and ICR in affordability assessments  

November 1, 2023by

Molo Finance has launched landlord affordability assessments that allow single borrowers to use their income to support mortgage payments, rather...

Read more

Rents drop 11% as summer heat subsides

October 31, 2023by

The lettings market saw a dip in rental prices in October, following three months of rapidly escalating prices across...

Read more

Landbay and Keystone offer range of sub-5% landlord rates 

October 31, 2023by

Landbay has cut its landlord rates by up to 20 basis points starting at 4.09%, while Keystone Property Finance...

Read more

Scottish Widows pulls out of resi, remo markets to focus on later life lending  

October 31, 2023by

Scottish Widows Bank will pull out of the house purchase and remortgage markets to focus on equity release loans...

Read more

HMRC figures show transactions falling 19% year on year

October 31, 2023by

The provisional non-seasonally adjusted estimate of the number of UK residential transactions in September 2023 is 92,600, 19% lower than September...

Read more

Advisers see rise in protection conversations post Consumer Duty

October 31, 2023by

As many as 40% of adviser firms have experienced an upturn in protection conversations with customers since Consumer Duty...

Read more