The month in reverse mortgage rates: June 2024

June 8, 2024by

Almost all Home Equity Conversion Mortgages (HECMs) originated today utilize the adjustable-rate mortgage (ARM) option. In stark contrast to...

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Santander loosens landlord criteria, updates AML questions on deposits   

June 7, 2024by

Santander for intermediaries will loosen criteria rules for landlords and update its anti-money laundering policy for deposits from Monday...

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Santander relaxes BTL criteria, updates AML deposit questions  

June 7, 2024by

Santander for intermediaries will loosen criteria rules for landlords and update its anti-money laundering policy for deposits from Monday...

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Labour plans freedom to buy scheme for FTBs

June 7, 2024by

Labour will pledge to get more young people on the housing ladder when it announces its freedom to buy...

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Kensington loosens professional criteria, debuts two products  

June 7, 2024by

Kensington Mortgages has relaxed the criteria on its professional mortgage range and introduces two 95% LTV special rates.   ...

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Lenders increasing rates outnumber those cutting: Moneyfacts

June 7, 2024by

This week, the number of rate increases to selected fixed rates vastly overtook those lenders making cuts, in addition...

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Rent rises slow to 30-month low

June 7, 2024by

Average UK rents rose 6.6% to £1,226 in April from a year ago, but this was the slowest rate...

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More lenders upping rates than cutting: Moneyfacts

June 7, 2024by

This week, the number of rate increases to selected fixed rates vastly overtook those lenders making cuts, in addition...

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House prices static over month but up over year: Halifax

June 7, 2024by

On an annual basis house prices rose for a sixth consecutive month, up by 1.5% vs 1.1% in April....

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Rental growth slows to 30-month low

June 7, 2024by

Average UK rents rose 6.6% to £1,226 in April from a year ago, but this was the slowest rate...

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