Here’s what upgrading to a nicer home could cost you, and why it’s locking up the market

April 3, 2024by

The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132%, or roughly...

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Housing ‘affordability has just totally collapsed,’ economist says

April 3, 2024by

Would-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. — 35% more...

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Weekly mortgage demand remains stalled, as interest rates stay stubbornly high

April 3, 2024by

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) slipped to 6.91%...

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LendInvest reduces rates and unveils limited BTL offer

April 3, 2024by

LendInvest Mortgages  is cutting rates and introducing a limited edition buy-to-let offer to support first-time landlords. The limited-edition offer is...

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Top holiday let hotspots for earnings revealed

April 3, 2024by

Cornwall is the highest earning area of the UK for holiday let landlords with properties earning more than £40m...

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Rising defaults on specialist mortgages to cost £760m

April 3, 2024by

Mortgage defaults are expected to spike over the next year, creating losses for specialist lenders of up to £760m...

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Energy rating still key for landlords: TML

April 3, 2024by

One in four landlords say that energy efficiency of a property is one of their top priorities when it...

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Exclusive: DNA Financial Solutions appoints CEO

April 3, 2024by

Mortgage brokers DNA Financial Solutions has appointed Hugh Spillane to be its new chief executive.  Spillane was previously commercial director,...

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Prime London rents edge up: Savills

April 3, 2024by

Rents for prime London properties have edged up by 0.3% in the first three months of the year, according...

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MBA – Chris Dixon, general manager, Landmore

April 3, 2024by

After a 38-year career as a mortgage broker, long story short: I made some money; I lost some; and...

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