News
Huge confusion over mortgages keeps aspiring buyers on the sidelines
9+ hour, 30+ min ago (517+ words) Millions of would-be first time buyers are being held back by widespread confusion about mortgages. That's according to new research from the HomeOwners Alliance. Key findings among aspiring homeowners: The HOA says the findings suggest many would-be buyers are ruling…...
Are markets over-reacting as they take rate cut off the table?
2+ day, 9+ hour ago (547+ words) This by Tom Bill, head of UK residential research at Knight Frank The conflict in the Middle East and accompanying spike in energy prices means financial markets expect fewer rate cuts from the Bank of England this year. That was…...
Rate cut hopes fade as war enters second week
2+ day, 9+ hour ago (382+ words) A prominent industry figure is warning that rate cuts may be on ice thanks to the uncertainty surrounding the Iran War. Amanda Bryden, head of mortgages at Halifax, says: "Geopolitical uncertainties seem set to influence the outlook for inflation and…...
Lenders raise rates as inflation fears sweep market
2+ day, 9+ hour ago (340+ words) Mortgage lenders are already re-pricing their products upwards in anticipation of a longer Middle East war and no Bank of England base rate cut this month. Some lenders cancelled planned rate cuts last week while others " notably Gen H, HSBC,…...
Industry split on Chancellor's forecast - where do you stand?
1+ week, 10+ hour ago (791+ words) Chancellor Rachel Reeves" Spring Forecast has provoked a predictably diverse reaction. She admitted that growth in the UK economic in 2026 will be less than previously expected. The Office for Budget Responsibility (OBR) predicts economic growth for this year will be…...
Buy to let back in favour as more mortgages agreed
1+ week, 10+ hour ago (282+ words) The Nationwide says there has been a gradual increase in the number of buy to let purchases involving a mortgage. The mortgage lender does not give figures but says that despite the recent rise, activity remains "quite subdued" compared to…...
Why tomorrow's Spring Statement matters: OPINION
1+ week, 2+ day ago (683+ words) The Spring Statement is effectively an economic update. Unlike the Autumn Budget," which is typically where major tax and spending decisions are announced, the Spring Statement provides a progress report on the economy and updated forecasts from the Office for…...
House Deposit account for 18-35s launched by society
2+ week, 10+ hour ago (486+ words) The Suffolk Building Society has launched a Hiuse Deposit Savings Account in response to rising house prices and the large mortgage deposits required. The account is available to those aged 18-35 aspiring to buy their first or their next home, provided…...
Product choice booms as mortgage shelf-life rises
1+ mon, 10+ hour ago (500+ words) Mortgage choice has boomed in the past month according to Moneyfacts. Product choice rose to 7,537 options; year-on-year, there are now over 1,000 more deals available." Mortgage activity resulted in a rise in the average shelf-life of a mortgage to 33 days. This…...
Commercial brokers unsure of near-term economic outlook - new data
1+ mon, 2+ week ago (400+ words) Confidence in the future of the UK economy remains mixed among commercial finance brokers, according to new research from SME funding provider Asset Advantage. The survey of commercial brokers across the UK found that nearly half (49%) remain neutral on the…...