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...
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.
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50% of UK mortgage customers see preferred product withdrawn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...
Sirius Property Finance introduces asset finance offering
The firm has gone through a soft launch and worked with a number of lenders to offer funding solutions for...
Around 85% of lenders sign government mortgage charter
The charter was published yesterday, after the Chancellor’s meeting with lenders on Friday to discuss the effect of increasing mortgage...
Keystone Property Finance announces rate, fee cuts
Apart from cutting rates, Keystone also reduced the fees on all HMO and multi-unit products in its complex range by...
Vivion Investments calls shortseller’s report ‘flawed’
Muddy Waters, in a report last week, said it believed the portfolios were over-valued and not based on actual occupancy...
Mortgage market remained sturdy over the previous quarter
The total amount agreed by lenders to be advanced in the coming months was £85.9 billion, some £8 billion greater...
