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News

Mortgage Soup
mortgagesoup.co.uk > rents-set-to-rise-by-up-to-5-as-supply-falls

Rents set to rise by up to 5% as supply falls

13+ hour, 52+ min ago   (885+ words) The property portal expects rents to be rising by between 4% and 5% by the end of 2026, compared with annual growth of 2.6% currently. Average UK rents now stand at £1,340 a month, with annual growth having increased from a recent low of 1.6% in…...

Mortgage Soup
mortgagesoup.co.uk > house-price-fall-fails-to-solve-first-time-buyer-deposit-barrier

House price fall fails to solve first-time buyer deposit barrier

3+ day, 13+ hour ago   (822+ words) Millions of working renters remain unable to buy their first home despite falling house prices, with Own Homes calling for greater use of private capital to tackle the deposit barrier. The latest Lloyds House Price Index showed house prices fell…...

Mortgage Soup
mortgagesoup.co.uk > teachers-bs-posts-record-month-for-mortgage-completions

Teachers BS posts record month for mortgage completions

4+ day, 21+ hour ago   (149+ words) The Society said August 2026 was its busiest month on record for helping members complete on home purchases. It attributed the milestone to stronger lending criteria, improved affordability and demand for specialist lending expertise, particularly among borrowers who do not fit…...

Mortgage Soup
mortgagesoup.co.uk > mortgages-got-talent-launches-for-2026

Mortgages Got T'alent launches for 2026

5+ day, 28+ min ago   (281+ words) Taking place at Piazza Italiana on Wednesday 25 November, the event will bring together familiar faces from across the mortgage market for an evening of music, entertainment and a few surprises along the way. It follows the success of last year’s…...

Mortgage Soup
mortgagesoup.co.uk > nearly-900000-borrowers-lock-in-mortgage-deals-early

Nearly 900,000 borrowers lock in mortgage deals early

6+ day, 46+ min ago   (548+ words) A total of 381,364 mortgages were secured early during the second quarter, following 499,271 in Q1, taking the first-half total to 880,635. The figures come from lenders signed up to the Government’s Mortgage Charter, which allows customers to secure a new deal up to…...

Mortgage Soup
mortgagesoup.co.uk > mortgage-advances-rise-11-as-high-ltv-lending-reaches-18-year-high

Mortgage advances rise 11% as high-LTV lending reaches 18-year high

6+ day, 3+ hour ago   (729+ words) The latest Mortgage Lenders and Administrators Statistics showed gross advances increased to £77.4 billion during the quarter, 31.7% higher than a year earlier. The figures, published on 8 September, are based on Mortgage Lenders and Administrators Return data supplied by around 340 regulated mortgage…...

Mortgage Soup
mortgagesoup.co.uk > mortgage-rates-set-to-rise-as-leading-banks-reprice-deals

Mortgage rates set to rise as leading banks reprice deals

1+ week, 13+ min ago   (521+ words) HSBC and NatWest are among the biggest banks to have increased rates since the start of September, according to analysis by Moneyfactscompare.co.uk, with further repricing expected in the coming days. Lenders are reviewing their margins after swap rates…...

Mortgage Soup
mortgagesoup.co.uk > certua-life-brings-individual-life-cover-to-heka-benefits-platform

Certua Life brings individual life cover to Heka benefits platform

1+ week, 5+ hour ago   (300+ words) Employees whose companies use Heka can now arrange cover through the platform. Surely policies are reviewed at each renewal and can be adjusted as customers’ circumstances change, including when they buy a home or start a family. The partnership aims…...

Mortgage Soup
mortgagesoup.co.uk > house-prices-record-first-annual-fall-since-november-2023

House prices record first annual fall since November 2023

1+ week, 6+ hour ago   (679+ words) Prices slipped by 0.2% over the month, following a 0.1% fall in July. The average property price stood at £298,468, compared with £299,153 a month earlier. Despite the recent declines, prices remained 0.2% above their level at the start of the year. Andrew Asaam, mortgages…...

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mortgagesoup.co.uk > uk-needs-first-primary-surplus-in-25-years-warns-niesr

UK needs first primary surplus in 25 years, warns NIESR

1+ week, 2+ day ago   (430+ words) The economic research institute warns that simply attempting to stabilise debt at around its current level leaves the public finances vulnerable to future economic shocks and could result in debt repeatedly ratcheting higher. NIESR argues that delaying fiscal consolidation will…...