The rise in the cost of servicing mortgages relative to take home pay is the greatest contributor to a lack of affordability for first-time buyers, according to Nationwide. The bank’s...
Read MoreAll major mortgage fixed rates fell significantly this week, Moneyfacts says in a new report. The average rate for a two-year fix fell 12 basis points, to 5.63%, while the...
Read MoreThe nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and...
Read MoreThe latest data follows a downwardly revised increase of 0.4% from 0.8% in October. The main contributions towards the flat growth in November came from a decrease in new work...
Read MoreLettings professionals expect to see more landlords leave the market in 2023, against a backdrop of rising arrears and falling house prices, a survey by Goodlord reveals. The survey, which...
Read MoreGeneration Home (Gen H) has replaced its standard variable rate (SVR) of 7.5% with a Bank of England Base Rate Tracker +3% for a reversion rate of 6.5%. The lender...
Read MoreThe later life lender, which focuses on those aged 50 to 90-plus, adds that it has dropped the minimum age for its retirement interest-only products to 50 from 55. ...
Read MoreLiveMore is bringing back fee-assisted mortgage products, with a free standard valuation and no product fee. The later life lender, which focuses on those aged 50 to 90-plus, adds that...
Read MoreTMA Club has partnered with Tandem Bank as it continues to expand its panel for lenders. As part of the partnership, directly authorised (DA) brokers who are members of TMA...
Read MoreTwenty7Tec reveals brokers have performed more mortgage searches on its platform in the first week of the year compared to any previous new year. In the first working week, Twenty7Tec...
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