Bank of England set for extended period of rate holds

October 26, 2023by

Analysts expect the Bank of England to keep interest rates at 5.25% next week, as the pause in rate...

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Hodge cuts rates on RIO mortgages

October 26, 2023by

Specialist lender Hodge has cut the rates on its retirement interest-only (RIO) mortgage range by up to 40bps.  Its two...

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Leeds Building Society cuts landlord rates by up to 15bps  

October 26, 2023by

Leeds Building Society has cut rates across its buy-to-let mortgage range, including portfolio loans, by up to 15 basis...

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Mortgage Business Accelerator – Richard Dana, co-founder and chief executive, Tembo

October 26, 2023by

The first wave of digital mortgage advisers started in around 2015. By the time we launched Tembo at the end...

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Adjustable-rate mortgage demand hits highest level in a year as interest rates continue to climb

October 25, 2023by

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.90%...

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Lloyds sees profits rise despite ‘mortgage headwinds’  

October 25, 2023by

Lloyds Banking Group posted £1.9bn in pre-tax profit in the third quarter, up from £576m for the same period...

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Sticky inflation not impacting rates as downward trend continues

October 25, 2023by

Last week’s inflation numbers have not had any material impact on rates, and they continue to slowly creep downwards. As...

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Molo Finance launches loans for non-resident landlords for UK lets  

October 25, 2023by

Molo Finance has launched non-resident buy-to-let loans to allow foreign borrowers to fund properties in England and Wales.   The...

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TSB raises rates on 2-, 3-year purchase and remo loans by 20bps  

October 25, 2023by

TSB will lift the price of its two- and three-year fixed-rate loans for purchase and remortgage, at up to...

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Stubborn inflation not pushing mortgage rates up: Rightmove

October 25, 2023by

Last week’s inflation numbers have not had any material impact on rates, and they continue to slowly creep downwards. ...

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