News
Average purchase and remortgage broker fees rise by nearly a quarter YOY
3+ hour, 42+ min ago (475+ words) According to research from Boon Brokers, which surveyed around 2,000 people " half of whom had bought property and half of whom had remortgaged in the last year " the most common purchase fee charged was "500, cited by nearly a quarter of participants....
Lenders pull products and hike rates as Middle East conflict shifts market
21+ hour, 52+ min ago (819+ words) Oil prices rose to the highest level since 2022, exceeding $100 per barrel'and causing the stock market to fall.' Higher oil prices could lead to a rise in energy costs and subsequently put pressure on inflation, which has been declining in the…...
More lenders increase mortgage rates as uncertainty continues
4+ day, 4+ hour ago (568+ words) Virgin Money has also made increases of up to 0.25% across selected products, including purchase,remortgageand product transfer deals. Both Nationwide and Virgin Money's changes came into effect today. NatWest's mortgage rate changes will apply from 7 March, with increases of up…...
Top 10 most read mortgage broker stories this week – 06/03/2026
3+ day, 23+ hour ago (145+ words) As oil and gas prices go up, experts say it could put more pressure on inflation and lower the momentum of base rate cuts, meaning swap rates remain higher, slowing the downward momentum of mortgage pricing. Insights into the Renters…...
Existing homeowners looking for ‘lower-risk’ loans and payment stability, Moneyfacts says
5+ day, 14+ min ago (277+ words) According to analysis by Moneyfacts that looked at customers comparing fixed rate deals in February, around 45% of second-time buyers opt for 60% loan-to-value (LTV) deals, along with 68% of remortgage customers. This compares to only 17% of first-time buyer borrowers electing a 60% LTV…...
UTB’s second charge rates see cuts of up to 55bps
5+ day, 39+ min ago (283+ words) Kelly Newlands is senior sub editor at AE3 Media, overseeing the sub editing and SEO for all of its publication titles: YourMoney.com, Mortgage Solutions, Specialist Lending Solutions and YourMortgage.com. She joined the team at AE3 Media at the beginning of…...
Second charge mortgage business rises to 18-year high in 2025 – FLA
5+ day, 29+ min ago (225+ words) Data from the Finance & Leasing Association (FLA) showed that the value of second charge business completed during the year was "2.14bn, up 24% on the previous year." Combined, this was the highest level of business and value since 2008." In December alone, 3,379 new…...
Lenders reprice mortgages amid conflict uncertainty
5+ day, 3+ hour ago (547+ words) Foundation will withdraw some of its buy-to-let (BTL) products this afternoon and Vida is also set to pull 11 BTL deals at 5pm today." Earlier this week, Gen H intended to reduce rates by as much as 0.2% but increased pricing instead, saying…...
Nationwide aims to double number of borrowers using 0% Green Additional Borrowing offer
6+ day, 5+ min ago (259+ words) Nationwide launched its 0% Green Additional Borrowing'products in June 2023, aiming to support 5,000 households who had a mortgage with the mutual to make their homes greener. The mutual has now committed to doubling that number to support more households.' The 0% Green Additional…...
Spring Statement 2026: UK economy growth to slow before picking up in 2027, Reeves confirms
6+ day, 23+ hour ago (454+ words) Delivering the Spring Statement today, Rachel Reeves said stability was the "single-most important precondition for economic growth, which was why she committed to one single, major fiscal event per year, with policy changes reserved for the Autumn Budget." She said…...