Adam Smith's Media Coverage
FTAdviser
Brokers: high mortgage costs hit everyone, regardless of wealthBrokers have said most people will be impacted by rising mortgage costs, regardless of their wealth.
Mortgage Solutions
Specialist sector will ‘spread its wings’ in 2024, brokers say - Mortgage SolutionsBrokers say 2024 will be a big year for specialist lending but the historical association with sub-prime products needs to be addressed.
FTAdviser
Mortgage rates could reach ‘sub 3%’ by year end, say brokersThe mortgage market may see “sub 3 per cent rates” by the end of the year, according to some brokers.
Evening Standard
HSBC becomes first ‘big six’ lender to bring back sub-4% mortgage ratesIt joins Generation H, which launched its first rate below 4% just before Christmas
Mortgage Solutions
‘The return of REAL broking’: brokers reflect on big lessons of 2023 - Mortgage SolutionsThe last year has seen a ‘return of real broking’, brokers have suggested, with businesses previously ‘playing on easy mode’.
Mortgage Professional
Why should brokers use a referral service?Expert says referral services remove risks
Mortgage Professional
Nationwide report: House prices, unchanged in SeptemberExpert claims “the mortgage price war is over”
Financial Times
UK house prices fall 2.6% in biggest annual drop since 2011UK house prices fell in June at the fastest annual pace since 2011 as the rise in mortgage rates hit the property market, mortgage provider Halifax said.
BBC News
House prices fall at fastest rate in 12 years, says HalifaxHalifax says the drop is the biggest annual fall since 2011 as mortgage rates continue to rise for many.
inews.co.uk
UK’s biggest mortgage lender Halifax among banks to hike rates as crisis continuesOne mortgage broker called the latest increase from Halifax ‘brutal’
Mortgage Solutions
Advisers urge lenders to agree minimum 24-hour withdrawal notice periodBrokers have called on lenders to pledge to provide a minimum notice period of 24 hours to withdraw products, pointing to widespread removals over the past few weeks and heightened market uncertainty.
Mortgage Professional
Lenders urged to provide minimum notice period on product withdrawalsBrokers ask for a notice period of at least 24 hours
The Intermediary
Mortgage brokers call on lenders to establish a minimum notice period for product withdrawalsMortgage brokers — Riz Malik, Jamie Lennox, and Lewis Shaw — are leading the call, asking that lenders sign a pledge to provide a minimum notice period of 24 hours to all affiliated brokers before withdrawing...
B&C
Brokers call for lenders to provide 24 hours minimum notice after recent turbulenceAfter the events of the past fortnight, with many lenders withdrawing products at very short notice, mortgage brokers have called for lenders to sign a pledge to provide a minimum notice period of 24 hours...
Mortgage Professional
House prices up in April after months of consecutive falls“There were tentative signs of a recovery with prices rising by 0.5% during the month”
FTAdviser
House price growth on the rise after 7 months of fallsHouse price growth began to edge upwards again in April after seven months of consecutive falls.
Mortgage Solutions
Return of the 100 per cent LTV mortgage a blessing, not a curse, for FTBsDemand for 100 per cent mortgages could be very high among first-time buyers but there are concerns around credit quality and negative equity
The Telegraph
First-time buyers take a £220,000 gamble to get on the ladderGrowing number of borrowers are taking out long-term mortgages
IFA Magazine
Fintech versus high street lenders - brokers deliver their verdict and identify pros and consNewspage®, asked mortgage brokers and financial services tech experts how fintech lenders compare to traditional high street lenders. The views of brokers
Financial Reporter
Longer mortgage terms becoming commonplace, brokers sayBrokers discussed the pros and cons of longer term mortgages.
IFA Magazine
Coventry announces product changes - reaction from brokersFrom 8pm Thursday the 20th of April, Coventry for Intermediaries has announced it will be closing products and launching new ones. Brokers and Industry experts
The Intermediary
Northampton mortgage broker launches educational YouTube channel for aspiring homeownersNorthampton-based mortgage broker, Alfa Mortgages, has launched its new YouTube channel, which debuted on Friday, April 7th.
The Intermediary
Interest rates to return to low levels once inflation calms, IMFThe IMF’s World Economic Outlook says rates are likely to head back to the historic lows if the country gets on top of inflation.
Mortgage Solutions
Sourcing systems trying ‘to be too clever’ ‒ analysisSourcing systems must focus on providing brokers with more accurate information, and stop trying to do too much, intermediaries have argued.
Mortgages Made Simple
Property professionals divided on whether Halifax data points to soft landing in 2023 - Mortgages Made SimpleHouse prices rose by 0.8% to £287,880 in March, data from Halifax shows, but brokers and property professionals are divided on whether the housing market faces a soft repricing or a sharp correction this...
Mortgage Finance Gazette
Property professionals divided on whether Halifax data points to soft landing in 2023 – Mortgage Finance GazetteHouse prices rose by 0.8% to £287,880 in March, data from Halifax shows, but brokers and property professionals are divided on whether the housing market f
MSN
Global economy faces weakest growth in 30 years, warns IMFGlobal economy faces weakest growth in 30 years, warns IMF
Mortgage Solutions
Three-year fixes are the ‘Goldilocks’ option but the product cupboard is bare – analysisThree-year fixed mortgages could be a good product for borrowers who feel alternatives are too long or short, but a lack of options and inconsistent pricing means they are often not chosen.
Mortgage Strategy
Brokers split on whether Halifax data points to soft landingHouse prices rose by 0.8% to £287,880 in March, data from Halifax shows, but brokers and property professionals are divided on whether the housing market faces a soft repricing or a sharp correction this...
Mortgage Finance Gazette
‘Relative stability’ as house prices edge higher: HalifaxAverage house prices edged higher again in March, suggesting ‘relative stability’ in the housing market, according to the Halifax monthly house price index
The Intermediary - Latest UK mortgage news
Housing market resilient as prices increase in March, Halifax House Price Index - The Intermediary - Latest UK mortgage newsThe housing market has demonstrated its resilience as average house prices edged up by 0.8% in March, following a 1.2% increase in February, according to the latest Halifax House Price Index.
IFA Magazine
Do today’s Halifax March HPI data signal a ‘spring bounce’ for house prices? Reaction from estate agents and brokersThe latest HPI data released by the Halifax today has revealed that average house price increased by +0.8% in March (following +1.2% rise in February) and that
Yahoo Finance
UK house prices rise for third straight month to £287,880Average house prices increased by 0.8% in March, following a 1.2% rise in February, according to Halifax.
Mortgage Professional
Halifax reveals latest figures on house pricesPredicting where house prices go next is more difficult, expert says
Mortgage Solutions
Sourcing systems trying ‘to be too clever’ ‒ analysis - Mortgage SolutionsSourcing systems must focus on providing brokers with more accurate information, and stop trying to do too much, intermediaries have argued.
The Telegraph
Banking crisis fears fuel £1.2 trillion stock market exodus, Barclays warnsThe banking crisis that has shaken the US and Europe has put investors off risk, according to Barclays.
IFA Magazine
Bank of England base rate hike will “put a further squeeze on the already overheated UK rental market” - reaction from Mortgage...Following today’s news that the Bank of England has hiked rates yet again, with a 0.25% rise to 4.25% - the highest level since 2008 - there are clearly big imp