UK low-income households struggle as mortgage arrears jump
The survey, conducted from October 12 to 31, included 4,053 participants from the bottom 40 per cent of income earners...
Finance
Know the latest mortgage rates, broker announcements, personal finance and more about the wider mortgage sector as and when they happen in the Finance section.
Mortgage arrears rise amid rate hikes
Some landlords may not be in a position where they can charge rents which will cover their mortgage, UK Finance...
UK mortgage arrears hit new high
The growth in the arrears rate is a reflection of consecutive rises in the percentage of mortgages which have experienced...
Property professionals say later life lending is vital
These responses emerged at Countrywide Surveying Services’ latest webinar series which focused on an exploration and explanation of the later...
UK mortgage capital repayments reach record high levels
However, high levels of debt and a lack of pension savings make it increasingly likely that homeowners will need to...
FTBs left housing market in Q2 after mortgage rates soar
UK Finance said loans for FTBs plunged 28 per cent compared with the same period a year back, a decline...
The Howden Group acquires financial services firm
Finance Solutions specialises in mortgage broking, as well as providing customised financial solutions like life cover, income protection, investments and...
Demand for bridging lending drops as interest rates increase
The impact of successive Bank of England base rate hikes continued to impact the bridging market, raising the weighted average...
50% of UK mortgage customers see preferred product withdrawn
Additionally, according to the research from Market Financial Solutions, more than three in ten (31 per cent) have had an...
Coventry hikes rates of residential, BTL products
The rate changes will impact all residential fixed new business rates, including offset, interest-only, and offset interest-only, which will all...
