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Finance

28th October 2019 Finance, UK

Older home borrowers not switching are losing out, new research suggests

Older home borrowers who didn’t seek advice on their last mortgage deal are more likely to be on a variable rate mortgage, such as their lender’s... Read more

25th October 2019 Finance, UK

Industry figures reveal positive growth for UK home lending

Residential mortgage approvals reached their highest level of approvals registered during October since 2015, up 9.8% higher annually, the latest... Read more

23rd October 2019 Finance, UK

Fixed rate mortgage costs change in buy to let sector

There has been a halt in the fall of the cost of fixed rate buy to let mortgages after an across the board decline in cost across all categories, the... Read more

22nd October 2019 Finance, UK

More single people looking to the equity release market

More than two in five new equity release plans are taken out on a single basis to support retirement finances at a time when the number of over 65s... Read more

18th October 2019 Finance, UK

Low rates and end of year deals boost residential mortgage market

Residential mortgages approvals in September 2019 reached 65,997, up 0.7% month on month and 0.6% year on year with rates remaining low and tempting... Read more

17th October 2019 Finance, UK

Study reveals financial benefits of being a home owner

Paying a mortgage rather than renting privately could leave the average consumer £350,000 better off over next 30 years, new research has... Read more

16th October 2019 Finance, UK

First time buyer mortgage completions reach highest level since 2007

The first time buyer mortgage sector has reached its highest level since 2007, but home mover loan rates are still falling, the latest industry... Read more

10th October 2019 Finance, UK

Over two thirds of people plan to stay in their own home in retirement

Almost 14 million people in the UK plan to remain in their current home in retirement and of those an increasing percentage will use their property... Read more

7th October 2019 Finance, UK

Moving costs reach record highs, led by rise in stamp duty

The average cost of buying and selling home in the UK has reached a record high at £10,414 or £24,585 in London, new research has found, a rise of... Read more

3rd October 2019 Finance, UK

Financial advisers see equity release becoming mainstream within 10 years

The majority of financial advisers, some 61%, believe that equity release will be regarded as a mainstream part of housing market finance within the... Read more

1st October 2019 Finance, UK

Mortgage approvals fell in August latest Bank of England data shows

The number of mortgage approvals for house purchase fell to 65,500 in August, down from the 18 month high of 67,000 in July, the latest Bank of... Read more

26th September 2019 Finance, UK

Gross mortgage lending down over 3% year on year in August

Gross mortgage lending across the residential market in the UK reached £24 billion in August 2019, down by 3.2% compared to the same month in 2018,... Read more

26th September 2019 Finance, UK

Majority of self-employed people believe it is harder to get a mortgage

The majority of self-employed workers in the UK, some 71%, believe it’s harder for them to get a mortgage and blame unfair application... Read more

25th September 2019 Finance, UK

Low rates and stagnant prices are boosting mortgage approvals

A prolonged period of low rates and stagnant house price growth has helped boost the number of mortgages approved to buyers with small deposits,... Read more