News
Atom reduces prime mortgage rates for third time in a month
50+ min ago (222+ words) The Bank has also introduced new fee options for 95% LTV products. Atom Bank has made further rate reductions across its entire prime mortgage range, alongside introducing new fee options for 95% LTV products. Rates on Prime products available up to 90% LTV…...
Better mortgage conditions need political certainty
2+ hour, 10+ min ago (754+ words) Patrick Bamford, head of international business development at Qualis Credit Risk, says just as the mortgage market is beginning to recover, the carrot of potential tax savings in the future is dangled as Andy Burnham prepares to become the next…...
United Trust Bank launches new deposits proposition
3+ day, 3+ hour ago (277+ words) The new offering is aimed at companies which have or are about to undertake funding rounds. United Trust Bank has launched a new specialist deposits proposition designed to support innovative and early-stage growth businesses as they progress through funding rounds…...
Halifax Intermediaries to rebrand to Lloyds with new broker commitments
1+ week, 23+ hour ago (242+ words) From next week, brokers will have access to the Lloyds Premier Current Account mortgage discount on Halifax mortgages. Halifax Intermediaries will rebrand to Lloyds Intermediaries from early 2027, as part of an evolution of Lloyds Banking Group's branding and intermediary strategy....
Mortgage approvals fall to 30-month low amid higher mortgage rates: Bo E
1+ week, 3+ day ago (415+ words) Net mortgage borrowing decreased to "2. 9 billion in May, from "4. 4 billion in April. Residential mortgage approvals decreased to 56, 200 in May, from 66, 000 in April, the latest Money and Credit data from the Bank of England shows. This was below the average of…...
'Rates will stabilise rather than fall dramatically in the short term' Neil Patel, Shawbrook
1+ week, 5+ day ago (425+ words) We spoke to Neil Patel, business development manager for retail mortgages at Shawbrook, about the key pressures shaping the current UK housing market, how borrower confidence and behaviour has changed in a higher-rate environment, and why speed, certainty and consistency…...
Bank of England set to hold interest rates as inflation remains at 2. 8%
3+ week, 1+ day ago (473+ words) The surprise inflation figures "could trigger a mortgage price war", industry experts predict. UK CPI inflation held steady at 2. 8% in May, lower than predicted, with a rise to 3% broadly expected. CPI fell to 2. 8% in the year to April, down from…...
GDP dips in April but quarterly growth remains resilient
3+ week, 6+ day ago (614+ words) Ongoing political and economic uncertainty amid the war in Iran drove the UK economy into contraction in April, the latest ONS figures show. Monthly GDP contracted for the first time since August 2025, down by 0. 1% in April, following growths of 0. 3% in…...
The Cambridge relaunches interest-only fixed rates
4+ week, 23+ hour ago (162+ words) The lender says the move to relaunch interest-only fixed rate mortgages will support homebuyers and homeowners facing rising living costs. The Cambridge has relaunched a selection of fixed rate mortgage products including options for customers looking for interest-only mortgages." The…...
Nationwide cuts switcher mortgage rates by up to 0. 12 percentage points
4+ week, 1+ day ago (158+ words) Nationwide has reduced its switcher mortgage rates by up to 0. 12 percentage points, with new two, five and ten-year fixed rate products taking effect from Wednesday 10 June. Nationwide is cutting rates across its switcher mortgage range by up to 0. 12 percentage points,…...