There is no escaping the fact the mortgage and housing markets face a somewhat challenging future, with the latest Office for Budget Responsibility (OBR) forecasts suggesting fewer property transactions than previously anticipated. However, that does not necessarily mean advisers should be pessimistic about the opportunities…
UK banks and building societies have set out a range of new initiatives that will improve access to banking for…
The Bank of England has increased the interest rate by 0.25% to 4%, the first hike since August 2023. Members…
Vida Homeloans has updated its residential lending criteria, increasing the maximum loan-to-value (LTV) to 90% for purchase at undervalue cases.…
Buy-to-let yields have reached their highest level since the first quarter of 2011, rising to an average of 7.22% in…
Industry News
The number of complaints about home financing rose 3.7% to 94,822 in the last half of last year, compared to the previous six months,…
Keystone Property Finance should enable landlords to request a further advance in…
A residential real estate sale sign can be seen in Washington, DC…
A recent survey of financial experts shows that there has been a…
Mortgage Rate
While variable rate mortgage holders eagerly await the first rate cut from the Bank of Canada, fixed rates are heading…
Lending
Rental fraud is increasingly high on the agenda of private landlords. What was once a background problem is now a frontline problem, shaped by legislative changes,…