Ranald Mitchell's Media Coverage

Daily Express

One expert said it was often not raised as an option

Daily Express

Imagine losing your home over a jokey name

Daily Mirror

It might seem daft, but it could cause a real issue

Daily Express

That so-called confidence feels a bit wobbly

The Mirror

New data has been released following a Nationwide update this week

Introducer Today

House purchase lending increases in April as borrowers continue to move despite economic uncertainty. – Market reacts to mortgage approval rise

North Wales Live

NatWest has introduced a significant new offer

Daily Express

All right for some.

Daily Mirror

NatWest has introduced new changes for some lenders

Cambridgeshire Live

NatWest has introduced a significant new offer

Teesside Live

NatWest has introduced a significant new offer

Cambridge Live

There are reports that the long-established brand could be consigned to history

Daily Mirror

Reports suggest Lloyds Banking Group could scrap the Halifax brand after 173 years on the high street, though no branch closures are planned

Wales Online

There are reports that the long-established brand could be consigned to history

Bristol Live

There are reports that the long-established brand could be consigned to history

Daily Express

Feels like you blink and it all changes

Express.co.uk

News this week showed one type of debt hitting a 20-year high and experts have responded

Express.co.uk

Major lenders have been slashing mortgage rates over the past week for one key reason, says Ranald Mitchell, director at Charwin Mortgages.

Daily Mirror

Credit card providers are charging on average 10 times the Bank of England’s base rate as millions of customers are being stung with the highest borrowing costs for at least 20 years

Liverpool Echo

Millions of people across the UK use Buy Now Pay Later firms, including Clearpay and Klarna to shop

Kent Live

Millions of people have used Buy Now Pay Later lenders such as Clearpay and Klarna but now new rules are being brought in

OK!

Up to 30 million people in the UK have used Buy Now Pay Later schemes including Klarna and Clearpay for everything from groceries to gifts

Cambridge Live

Millions of people across the UK use Buy Now Pay Later firms, including Clearpay and Klarna to shop

Hull Live

Millions of people have used Buy Now Pay Later lenders such as Clearpay and Klarna but now new rules are being brought in

Daily Record

Millions of UK shoppers who use Klarna, Clearpay and other Buy Now, Pay Later (BNPL) services are set to see major changes, as the Financial Conduct Authority (FCA) introduces new rules to protect consumers

Daily Mirror

Up to 30 million people in the UK have used Buy Now Pay Later schemes including Klarna and Clearpay for everything from groceries to gifts

Express.co.uk

The wider industry has reacted to the news, with brokers suggesting the cuts could prompt other lenders to follow.

My London

The ‘Rent to Own’ mortgage offers a different way to get on the property ladder

what MORTGAGE

A 100% mortgage for renters has been launched by Hanley Economic Building Society.

GB News

Renters can now buy a home without putting down any deposit, offering what some in the industry describe as a genuine route into homeownership

Thisismoney

Renters are being offered the chance to get on the property ladder without saving a deposit, as a building society launches an 100 per cent mortgage.

GB News

Average UK house prices fell last month with an improvement in affordability for first-time buyers, the latest figures from Halifax show.

Cambridgeshire Live

Brokers predict sub-3% mortgage deals for prime borrowers as inflation falls and lenders gear up for battle over best rates in 2026

Bristol Live

Brokers predict sub-3% mortgage deals for prime borrowers as inflation falls and lenders gear up for battle over best rates in 2026

GB News

Mortgage brokers are forecasting that rates could dip beneath three per cent during the coming year, with industry experts declaring that 2026 appears poised for a significant turnaround in home lending.

Express.co.uk

It comes after inflation fell more sharply than expected and a price war looms

Sky News

HSBC is offering first-time buyers up to £2,000 in cashback on their mortgage.

Express.co.uk

The offer coincides with a further round of mortgage rate cuts from HSBC.

Thisismoney

Five more mortgage lenders have announced they will be slashing rates - but experts warn borrowing costs may not keep falling for long.

FT Adviser

Both primary and secondary school pupils will learn more about the fundamentals of money, as part of a revitalised curriculum.

FT Adviser

Borrowers need to go into interest-only

Introducer Today

The Renters Rights Act is now in force

FT Adviser

The government has facilitated the “biggest shake-up in

Express.co.uk

Rachel Reeves has admitted she is considering tax rises to plug a rumoured £30 billion black hole in public finances.

This Is Money

Average mortgage rates are on the rise for the first time in eight months, as lenders exercise caution ahead of possible tax rises in November’s Budget.

Daily Star

Many hopeful lenders turn to side-hustles to raise funds, including Airbnb, Only Fans or even high-risk gambling - but experts have warned some banks could take a dim view

This Is Money

Another bank has announced it is increasing its mortgage rates on the back of gloomier economic forecasts, with brokers predicting further rises in the coming weeks.

Daily Telegraph

New loan reserved for first-time buyers without access to parental help

The i Paper

Lenders are continuing to cut their rates, with Barclays the latest to make a series of reductions

FTAdviser

A cut in mortgage rates by Barclays could be the start of a “mini price war”, according to brokers.

Birmingham Live

It provides better options for those buying and refinancing

Great British Life

Halifax said on Thursday house prices were 2.4 higher compared with July last year

FTAdviser

Consistently using buy now, pay later (BNPL) services such as Klarna could impact customers’ ability to get a

Glasgow Times

Halifax said on Thursday house prices were 2.4 higher compared with July last year

Business Insider

The Bank of England's (BoE) Monetary Policy Committee will announce its interest rate decision on 7 August.

Daily Mirror

Mortgage experts have warned that ultra-low mortgage rates five years ago will move onto far higher rates in the months ahead, with hundreds of thousands of households set to be affected

Birmingham Live

Borrowers face a “face a brutal reality check” in a mortgage market

Wimbledon Times

Halifax said on Thursday house prices were 2.4 higher compared with July last year

Rhyl Journal

Halifax said on Thursday house prices were 2.4 higher compared with July last year

The Argus

Halifax said on Thursday house prices were 2.4 higher compared with July last year

Express.co.uk

The annual rate of price growth was 2.4%, compared to 2.7% in June, and the average property price is now £298,237, compared to £297,157 last month.

Pound Sterling Live

The poor data just keeps on coming. The British Pound dropped in the minutes after the ONS revealed UK retail sales grew by les…

Daily Mail

The average price tag on a home coming to market in the UK fell to £373,709 this month - marking a £4,531 or 1.2 per cent decrease on June, according to property website Rightmove.

Penarth Times

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Western Telegraph

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Somerset County Gazette

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Express.co.uk

EXCLUSIVE: Business leaders have given their views after it was revealed the UK’s jobless rate is up again - and they didn’t hold back.

This is Oxfordshire

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Express.co.uk

One analyst said the Bank was “stuck between delaying rate cuts to tame prices or easing policy to support a weakening economy”.

Reading Chronicle

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Gazette & Herald

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Times and Star

Households are counting the cost as UK inflation rose to a near 18-month high in June as food prices shot up for the third month running.

Express.co.uk

EXCLUSIVE: An expert has accused the Government of showing “no plan, no leadership and no accountability” following the latest worrying inflation figures.

Express.co.uk

As Britain’s economy takes an unexpected downturn, the pressure mounts on Chancellor Rachel Reeves.

The Sun

The Best for News, Sport, Showbiz, Celebrities

The Sun

THE Bank of England is widely expected to hold interest rates this week, in a blow to first-time buyers and homeowners.

Express.co.uk

Halifax, Santander and Accord have hiked their fixed mortgage rates in the past 24 hours

Devon Live

The increases, though modest, are likely to spread as lenders react to stubborn inflation

Nottinghamshire Live

The increases, though modest, are likely to spread as lenders react to stubborn inflation

Liverpool Echo

Halifax and Santander announced rate hikes this week

News and Star

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

Chelmsford Weekly News

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

Southend Echo (Riz who?)

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

The National

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

Redditch Advertiser

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

Express.co.uk

Mortgage holders brace for noon when the Bank of England announces its latest decision on interest rates.

This Is Money

The re-pricing comes ahead of the next Bank of England interest rate decision tomorrow.

Birmingham Live

Nationwide cutting rates by up to 0.30 percentage points.

What Mortgage

Nationwide has made its third round of rate cuts in three weeks and is now offering a sub-4% deal for first-time buyers.

The Negotiator

The Mortgage Works is now offering a two-year fixed deal at 2.99% to landlords, although brokers point to the 3% fee.

What Mortgage

Santander is introducing over 50 new mortgages to the market and cutting rates after the Bank Holiday weekend, it announced today.

Express.co.uk

Figures from Nationwide Building Society revealed that the average price of a home slipped in April.

Yahoo! News

Some 9,205 individuals entered insolvency in England and Wales last month — 7% lower than in February but 2% higher than in March last year, according to official data published on Friday.

Sky News

Longer-term lender April Mortgages is giving homebuyers the opportunity to borrow up to seven times their income.

What Mortgage

A lender is offering mortgages which allow customers to borrow up to seven times their income on 10- and 15-year fixed rate products.

The Sun

FIRST-TIME buyers have been given another boost after a third major lender slashed its affordability rules. HSBC has become the latest bank to make changes to its mortgage offer so that buyers can …

The Sun

A MAJOR mortgage lender has made a big change to its rules that will help more people get on the housing ladder. Halifax has made changes to its affordability rules that means buyers will be able t…

FTAdviser

Loughborough Building Society has launched a “bold and pragmatic” lending policy change by programming its systems to accept minor credit blips.

London Property News

Loughborough Building Society described as “bold and pragmatic” as it programs its systems to accept minor credit blips…

London Property News

Buy-to-let is bouncing back ‘with lending rocketing nearly 40% in the fourth quarter’ ...…

Express.co.uk

The scheme closely resembles the now-defunct Help to Buy scheme

Sky News

Brokers are divided over a new mortgage scheme targeting buyers with small deposits and no access to family help.

What Mortgage

A mortgage scheme for first-time buyers with a small deposit and no family support has been launched by Gen H.

Sky News

The government has announced major new plans to change the property buying and selling process - but experts are unsure if the changes will "fix the real problem".

Express.co.uk

The high street giant has issued new interest rates on fixed rate deals running for two, five and 10 years.

The Independent

From debts and pensions to savings and insurnace, the personal finance questions to address as we go into a new year

FTAdviser

Mortgage rates are “likely to start with a three once more” with the market expecting a bumper start to the new year, Coreco managing director, Andrew Montlake, has said.

Express.co.uk

The Monetary Policy Committee (MPC) has announced its highly anticipated decision about interest rates.

Express.co.uk

News last week that the UK economy has shrunk for two months in a row has triggered fears of a recession.

Moneyweek

The Bank of England has cut interest rates twice so far this year, bringing the base rate to 4.75%. When will rates fall further?

Sky News

A surprise selection of rate cuts from Barclays prompted some optimism for those with an interest in the mortgage market this week - but it lasted less than 24 hours.

Express.co.uk

The new deal comes against the background of reports that mortgage rates are relatively high at the moment and likely to fall over the next few years.

Sky News

Halifax has announced the launch of a new 1.5-year fixed-rate remortgage product that has been described as an "intriguing innovation".

Birmingham Live

Jobcentre reform will be at the centre of the Labour Party government’s plans to “get Britain working again”, it has emerged today.

Lancs Live

Energy bills continue to be a heavy burden on household finances, especially for people on lower incomes

Birmingham Live

The regulator changes the price cap every three months, with the latest one set to take effect on January 1 and continue through to March 31.

Property Industry Eye

Mortgage lenders accused of ‘blatant profiteering’ - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate...

Leicestershire Live

Energy bills continue to be a heavy burden on household finances, especially for people on lower incomes

Express.co.uk

Ofgem has announced a change in the price cap that will put up the cost of each unit of gas and electricity used from January 1

Express.co.uk

The decisions come against the background of the October budget

Sky News

Lenders have been accused of “penalising savers” and “squeezing homeowners” by being quicker to react on savings rate changes than adjustments to mortgages.

Sky News

Mortgage rates have risen since the budget based on expectations further base rate cuts could be delayed – and while this is bad news for borrowers, higher rates should be great for savers.

Express.co.uk

Prime Minister Sir Keir Starmer’s approach “is showing cracks, much like the state of the economy itself”, claimed one mortgage advisor.

Express.co.uk

The figure comes from mortgage lender Halifax and suggests the property market is moving from recovery to growth, according to industry experts.

Express.co.uk

Less than 24 hours after the budget and some banks are already making moves, with customers warned they could feel the hit in their pockets sooner than they expected.

Manchester Evening News

A number of lenders are also introducing a raft of mega mortgages that will allow first-time buyers to borrow up to six times their salary

Express.co.uk

Just today, Halifax and The Mortgage Works(TMW) joined rivals, including Nationwide and Barclays, in cutting rates

Manchester Evening News

Metro Bank has added a question about narcotics to its mortgage affordability check - and people are not impressed

Liverpool Echo

Metro Bank has added the inquiry about narcotics to an application form’s affordability check in a bid to understand its customers’ lifestyles and spending habits

Daily Star

Metro Bank has baffled mortgage brokers and applicants by asking how much customers spend on narcotics as part of the process to take out a home loan

Birmingham Live

The question appears in the application form as part of the affordability check for mortgage borrowers, it has been warned by brokers.

Express.co.uk

The move by Barclays follows a reduction earlier in the day from the TSB while other lenders are expected to follow suit over the next few days.

GB News

HSBC, NatWest and Barclays have all confirmed a wave of rate cuts that will benefit home movers, first-time buyers and those remortgaging.

This Is Money

Mortgage rates look set to fall again from tomorrow after three major high street banks all announced they will be slashing home loan costs.

Express.co.uk

The average UK price in August was up 2.4 percent on a year ago to £265,375, the latest index from Nationwide Building Society shows.

Express.co.uk

The cuts follow reductions by other lenders last week in what is boiling up to be a full-on price battle to win new customers.

Property Industry Eye

Competition Intensifies as lenders cut mortgage rates again - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion...

Evening Standard

It follows similar moves by the likes of Halifax, Nationwide, NatWest, and HSBC

Birmingham Live

NatWest has announced that, effective 13 August, it is making a number of rate reductions to their New Business product range.

This Is Money

New rates include best-buys for both first-time buyers and those remortgaging with large amounts of equity.

The Mirror

A number of Barclays mortgage products have seen interest rates cut to below four percent for the first time in months, following the Bank of England’s base rate decision last week

This Is Money

HSBC became the third lender to reintroduce a sub-4 per cent five-year fixed deal, following mortgage rate cuts by Nationwide and NatWest in recent days.

The Mirror

The mortgage price war has intensified with Barclays launching the UK’s cheapest home loan at 3.84 percent as banks and building societies battle to attract homebuyers

Express.co.uk

Further cuts are expected in the coming days which are predicted to trigger a rush to buy through the rest of this year.

This Is Money

Mortgage holders battered by high borrowing costs can finally see light at the end of the tunnel after lenders cut rates last week.

FTAdviser

Smaller mortgage lenders have been praised by brokers for providing innovation in the sector.

Property Investor Today

Why are interest rates falling now - and so quickly?

Landlord Today

The new lender April Mortgages - which already offers a range of five to 15-year fixed rates on 95% mortgages, has dramatically increased its loan-to-income caps.

Sky News

Welcome to the Money blog, your place for personal finance and consumer news and tips. Leave a comment with your thoughts below.

FTAdviser

Lenders believe cuts to the base rate are still on the horizon as TSB and NatWest announce mortgage rate reductions.

Express.co.uk

The new spate of mortgage rate cuts comes ahead of the release of important inflation data this week.

Birmingham Live

The high street bank is not alone in shaking up its mortgage criterIa and eligibility, either, with Halifax, First Direct, Nationwide and Virgin Money also making changes.

This Is Money

Barclays has upped the ante in the mortgage price war that is currently playing out between banks and building societies.

FTAdviser

The first lender to offer capped rate mortgages will “make an absolute killing”, Orchard Financial Advisers managing director, Ben Perks, has said.

This is Money

Barclays, HSBC and Yorkshire Building Society have all reduced their mortgage rates, following Santander and Halifax earlier this week.

What Mortgage

Mortgage rates have continued to fall this week with Halifax and Natwest joining other lenders in cutting prices.

Sky News

Charlie Nunn warned homeowners not to expect a return to the ultra-low interest rates seen for most of the last 16 years.

Express.co.uk

Barclays and NatWest have already announced significant reductions in recent days and mortgage brokers believe others will follow suit.

The Guardian

Other lenders likely to follow suit as analysts say cuts of up to 0.31 percentage points could fuel ‘summer of savings’

Sky News

HSBC is the latest lender to announce a wide range of mortgage rate cuts as swap rates improve.

Express.co.uk

There is some pessimism that the Bank’s Monetary Policy Committee (MPC) will answer the call to cut the cost of borrowing and mortgages when it announces its decision tomorrow.

Letting Agent Today

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office for National Statistics (ONS) data showing wages rising at 6% annually over the last...

Newspage News

“Lib Dems? Who are they?” - Bob Singh, Chess Mortgages.

Sky News

HSBC has today announced wholesale rate hikes across its residential and buy-to-let mortgage product ranges. Read this and the rest of today’s consumer and personal finance news below - and leave your...

Express.co.uk

The situation is so serious that brokers are urging City watchdogs at the Financial Conduct Authority (FCA) to take an urgent look at the issue.

Bridging & commercial

The rate of CPI inflation fell to 2.3% in April, edging closer to the Bank of England’s 2% target.

Birmingham Live

Key residential purchase product change highlights include a reduced 5 year Fixed £899 product fee

The Intermediary

“Plonk a tenner on the Grand National and some lenders think you’re a hustler in Vegas,” said one broker.

The Intermediary

The latest official jobs data is out and showed, among other things, that the UK unemployment rate was estimated at 4.3% in January to March 2024, above estimates of a year ago, and increased in the latest...

The Intermediary

In the last quarter of 2021, nearly a third - 31% - of new mortgages had an end date beyond the state pension age.

Yahoo News

These rate changes are effective from tomorrow, Wednesday 8 May.

This Is Money

Lenders continue to increase interest on their home loans, meaning borrowers may miss out on the cheapest deals unless they act quickly.

Yahoo! News

UK house prices fell unexpectedly for the second month in a row in April, as prospective homeowners continue to be hit with higher mortgage rates.

Birmingham Live

UK property prices fell by 0.4 per cent month-on-month in April, following a 0.2 per cent fall in March, Nationwide Building Society said.

Financial Times

Nationwide data reflects impact of recent rise in mortgage rates

The Telegraph

House prices fell for a second month in a row as mortgage lenders put up rates, according to a closely-watched survey.

What Mortgage

If you are buying your first home, obtaining a mortgage Decision in Principle – or Agreement in Principle – could be a game changer. Ranald Mitchell of Charwin Private Clients explains why in our latest...

B2L Insider

Average UK private rents have increased by 9% in the 12 months to February 2024, confirmed the ONS latest price index of private rents published today (20th March).

Money Marketing

Insurance intermediary DeadHappy has shut its doors to new customers after its insurance partners pulled the rug following a disastrous advertising campaign. DeadHappy, known for its hugely controversial...

The Intermediary

Life insurance firm, DeadHappy, known for its controversial ads — with one featuring Harold Shipman “because you never know who your doctor might be’ — has announced that it is unable to accept new life...

The Intermediary

The number of registered company insolvencies in February 2024 was 2,102, 17% higher than in the same month in the previous year.

Express.co.uk

The total number of insolvencies reached 10,136 in February compared to 8,239 in the same month last year.

The Intermediary

Across its remortgage products including large loans, Affordable Housing – Shared Equity/ Shared Ownership and equivalent green home products, the lender will be introducing rate increases up to 0.17%...

The Intermediary

Real GDP was estimated to have fallen by 0.1% in the three months to January 2024, compared with the three months to October 2023.

The Intermediary

In light of labour market data, Newspage asked experts when the Bank of England should cut the base rate — and if a cut may now come sooner.

The Observer

Homebuyers have to try to navigate their way to an affordable deal with no help in the budget to ease the pain

What Mortgage

Three of the ‘top six’ mortgage lenders have hiked their mortgage rates today – but there is hope it’s just a temporary ‘blip’.

Express.co.uk

Halifax has warned customers applying for mortgages about potential increases of up to 0.2 percent.

Express.co.uk

Nationwide is set to become the UK’s second largest mortgage and savings group after acquiring Virgin Money.

The Intermediary

The average house price was recorded at £260,420, compared to a slightly lower figure of £257,656 in January.

Your Money

Halifax has announced it will drop interest rates across its mortgage products, going against the grain of its lending rivals.

Express.co.uk

Brokers have described Halifax’s move to cut mortgage rates as “refreshing” and “pragmatic”.

The Intermediary - Latest UK mortgage news

Newspage asked a selection of financial services experts how they would you rate the Bank of England’s performance over the past two to three years

GB News

Santander has announced it will be increasing interest rates across multiple mortgage products from tomorrow.

Birmingham Live

This includes New Build and large loan exclusives for residential clients.

Property Investor Today

Warning as Buy To Let investors’ arrears double in a year

inews.co.uk

Inflation stayed at 4 per cent in a surprise to economists. Here’s what it means for mortgage rates

FTAdviser

Brokers have said most people will be impacted by rising mortgage costs, regardless of their wealth.

Express.co.uk

The gap between remortgage and purchase rates being offered by some of the big lenders is “spreading”, experts said.

Express.co.uk

Former Brexit secretary Sir David Davis among leading voices calling for Governor Andrew Bailey to cut interest rates to help businesses and mortgage payers.

This Is Money

It follows a host of cuts so far this year including last week when HSBC, Natwest, Metro Bank, TSB, Santander, Coventry and Skipton all lowered rates.

Birmingham Live

Home movers and remortgage clients will benefit from the reductions as the market slides ever closer to sub-4% 2-year mortgages.

FTAdviser

The UK government is exploring a 'radical approach to dismantling the towering barriers to homeownership' by offering 1 per cent mortgages, according to the Mortgage Uni mortgage expert, Peter Stamford.

Express.co.uk

Rises in tobacco and alcohol prices due to recently introduced duty increases were one of the main drivers for December’s uptick.

The Intermediary - Latest UK mortgage news

TSB reduces mortgage rates for 2-year fixed residential products and Product Transfers.

The Intermediary - Latest UK mortgage news

Halifax is set to reduce its three-year fixed remortgage rates by up to 0.32%, starting 5th January.

The Mirror

With more lenders cutting rates, mortgage broker Ranald Mitchell, of Charwin Private Clients, said the “unprecedented rate war is well underway” noting that “seismic moves” were to be expected in the coming...

Daily Mail

Bold interior trends, falling borrowing costs and new opportunities for first-time buyers will bring colour and life back into the property market in 2024.

The Telegraph

Lenders plan to re-launch cheaper loans as markets bet on cuts to borrowing costs

London Property News | londonlovesproperty.com

Halifax Intermediaries has just announced it has cut rates by up to 0.92% on product transfer and further advance products. Remortgage products including Large Loans, Affordable Housing – Shared Equity/…

This Is Money

Experts at PwC claim there will be a ‘significant’ rise in businesses collapsing, with with smaller firms comprising the lion’s share.

Mortgage Professional

He thought he was going to be a dentist…

Landlord Today

Consumer Price Inflation in November was 3.9 per cent - significantly lower than the 4.4 per cent expected by many analysts.

The Intermediary

Approximately 2,466 companies registered for insolvency throughout November.

Express.co.uk

Buying and selling properties is a “stressful and costly journey that should be simplified”, Purplebricks has said.

The Intermediary - Latest UK mortgage news

Mortgage brokers have said that the economy contracting by 0.3% in October could see the Bank of England cut rates sooner rather than later, which will benefit borrowers and potentially boost the property...

Mortgage Solutions

Banks and building societies are pushing borrowers towards using brokers by closing their branches, intermediaries have argued.

The Intermediary

In addition, around four in 10 (40%) adults reported that affording their rent or mortgage payments remained very, or somewhat, difficult.

B&C

House prices in November have risen by 0.2%, but remain 2% lower than a year ago, reveals Nationwide’s latest House Price Index (HPI).

Birmingham Live

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.

The Intermediary

November witnessed a 0.2% increase in UK house prices, the most significant annual improvement since February 2023.

Birmingham Live

The headline grabbers, brokers said, were with Barclays, which revealed a 5-year fixed rate purchase mortgage

Mortgage Solutions

Borrowers with patchy credit records, the self-employed or those looking for offset deals are left with comparatively few options, despite the recent hike in overall mortgage product numbers, brokers have...

Mortgage Strategy

Chancellor Jeremy Hunt has confirmed that planning laws will be changed to allow for faster planning applications. Hunt made the announcement today (22 November) whilst delivering the autumn statement...

Express.co.uk

Jeremy Hunt has extended the 75 percent business rate discount in a move to boost Britain’s small businesses.

The Intermediary

Dominic Hiatt interviews Ranald Mitchell of Charwin Private Clients and finds out how he went from training to be a dentist to the promised land of mortgage broking.

Introducer Today

It’s War - Lenders compete on price as sub-4% rates look likely

Bridging & commercial

The Office for National Statistics (ONS) has revealed that the Consumer Prices Index (CPI) has decreased to 4.6% in the 12 months to October 2023, down from 6.7% in September.

London Property News

Following news that inflation fell to 4.6% in October, some brokers have said mortgage rates could start with a three before the year is out, while others agree the 4%…

FTAdviser

Mortgage rates could “drop below 4 per cent by the end of the year”, Magni Finance director, Ashley Thomas, has argued following recent rate reductions.

Gloucestershire Live

Mortgage brokers said the substantial drop was great news for people taking out or renewing a mortgage as lenders battle for their business

Wales Online

Mortgage brokers said the substantial drop was great news for people taking out or renewing a mortgage as lenders battle for their business

Birmingham Live

Following the news, one broker said some rates, based on the current direction of travel, could even start with a three before the year is out in December.

The Intermediary

Hot on the heels of HSBC, Halifax has announced it is reducing its mortgage rates again on Wednesday 15th November. Following the news, one broker said some rates, based on the current direction of travel,...

Landlord Today

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of the outstanding balance in the third quarter of 2023.

The Money Pages

The number of landlords who have fallen behind with their mortgage repayments has increased by 29% between June and September, according to the latest data.

What Mortgage

Increasing numbers of homeowners are falling behind with repayments and facing repossession as a consequence of rising costs.

The Guardian

Number of buy to let mortgages in arrears doubles in a year as amateur landlords struggle with interest rate rises

FTAdviser

Nationwide has become the first lender in months to bring a sub-5 per cent two-year fixed rate mortgage to market in what brokers have called a “watershed moment.”

The Intermediary

According to UK Finance, there were 11,540 buy-to-let mortgages in arrears of 2.5% or more of the outstanding balance in the third quarter of 2023.

The Intermediary

Brokers have expressed their concerns around a new ‘Help to Stay’ scheme launched in Wales, with one saying “Help to Stay but of what - execution?”.

The Intermediary

The typical home now costs £281,974, up around £3,000 on the previous month.

The Intermediary

Fragile client confidence and elevated borrowing costs were often cited as reasons for weaker sales.

The Intermediary

The post suggests that borrowers may be able to tackle rising cost of living pressures by making overpayments on their mortgage, extending their mortgage term, or switching to an interest-only deal.

The Intermediary - Latest UK mortgage news

House prices in the United Kingdom rose modestly in October, recording a 0.9% month-on-month increase, according to data from Nationwide’s Monthly Index.

FTAdviser

Recently confirmed leasehold reforms are “good news for people who want a clearer and more transparent housing sector”, Moor Mortgages director, Peter Stamford, has argued.

Property Industry Eye

Mortgage approvals slump as buyers struggle getting ‘to grips with what they can now afford’ - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual...

Jersey Evening Post

The number of mortgages approved to home buyers fell to the lowest level since January in September, while remortgage approvals slumped to a 24-year low, according to Bank of England figures.In an indication...

Shropshire Star

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

What Mortgage

The number of people remortgaging to new deals has fallen to a level not seen in 24 years.

Evening Standard

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

The Independent

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

inews.co.uk

Several brokers told i they expect some lenders to cut their rates significantly to gain more customers

Express.co.uk

One broker said the low-rate high-fee mortgage products could be “the next big mis-selling scandal”.

FTAdviser

The launch of a two-year fix by Virgin Money “may be the quickest way we will see sub-5 per cent short-term deals in the coming months,” EHF Mortgages managing director, Justin Moy, has argued.

Financial Reporter

Virgin has also launched new exclusives and reduced existing rates.

Birmingham Live

Brokers said the percentage fee on the 2-year fixed rate is arguably more interesting than the rate itself, with one stating Virgin has taken “a leaf out of Skipton’s book”.

The Intermediary - Latest UK mortgage news

Barclays have announced improvements to their affordability model, with higher income clients now able to borrow up to 5.5x. Brokers welcomed the news, saying it reflects the battle for market share.

Introducer Today

Rate Rise Rumours - latest inflation data may trigger new hike

The Intermediary - Latest UK mortgage news

Over the past three months, default rates for credit cards slightly decreased and default rates for other loans increased.

FTAdviser

Skipton Building Society has introduced a range of low rate two-year fixes aimed at helping existing borrowers with payment difficulties, in a move one broker has called “unprecedented”.

Mortgage Professional

It is now planning to sell up to £3 billion of residential mortgages

Financial Reporter

The Bank is also in discussions regarding the sale of up to £3bn of residential mortgages.

The Intermediary

It said the funding would provide the opportunity to grow its specialist mortgage lending operation over the coming years.

The National

Move follows a weekend of busy negotiations, with Bank of England sounding out potential buyers

Daily Mail

Prices fell by 0.4 per cent in September and are now around £14,000 below their peak in August last year, figures from the nation’s largest mortgage lender show. An average home is now £278,601.

Mortgage Professional

Protection specialists discuss the reasons behind geographical differences

The Intermediary

Brokers and protection specialists have shared their views on how and when protection advice should be provided, and whether it can be overlooked during busier times.

Financial Reporter

Some brokers warned that borrowers with health issue could be prevented from getting on the property ladder.

Mortgage Solutions

Net mortgage approvals for house purchases fell to 45,400 in August, the lowest level for six months, the latest figures have shown.

Introducer Today

Brokers slam NatWest for offering a sub-5.0% mortgage rate directly to consumers, bypassing brokers.

BirminghamLive

NatWest has come under fire for the move with brokes branded it “short-sighted”.

FTAdviser

Brokers have criticised NatWest for offering a sub-5 per cent mortgage rate direct to consumers which has not been made available to brokers.

Yahoo News

UK mortgage lenders announce further cuts to deals, following interest rate freeze.

Financial Reporter

Virgin is now offering a range of two-year buy-to-let rates below 5%.

Mortgage Professional

“Decline in property sales is a significant concern”

Mortgage Professional

“Decline in property sales is a significant concern”

The Intermediary - Latest UK mortgage news

Newspage asked brokers their thoughts on the fee-free model of mortgage broking, and what the future hold for the approach given the current market.

This Is Money

Britain’s biggest lenders have made a series of rate reductions in recent days, giving borrowers much-needed respite after rates soared over the summer.

The Guardian

The Telegraph

Borrowers struggle to pay up amid sharp rise in interest rates

The Intermediary - Latest UK mortgage news

Outstanding balances with arrears rose by 13.0% over the quarter and 28.8% year-over-year, reaching £16.9bn.

Mortgage Solutions

Brokers have suggested that downvaluations are becoming ever more common at the moment as valuers adopt a more cautious approach to the market.

Mortgage Solutions

The popularity of long-term fixed rates will be dependent on pricing, early repayment charges and attitudes to affordability changes in light of Perenna securing its banking licence today, brokers have...

The Intermediary

Andrew Bailey, the Governor of the Bank of England, said that the UK is transitioning from a phase of necessary rate increases to nearing the peak of the cycle.

Financial Reporter

Top slicing will be available to non-portfolio landlords with total income above £100,000.

Mortgage Professional

But prices have proven more resilient than expected

Financial Times

Annual drop of 4.6% in August is largest contraction since 2009, according to Halifax

The Intermediary - Latest UK mortgage news

In its residential range, the lender’s 2-year fixed house purchase and remortgage product at 75% LTV, will be reduced by up to 0.20%.

Mortgage Professional

But prices have proven more resilient than expected

The Telegraph

House prices fell last month to fresh 14-year lows as buyers grappled with increasingly unaffordable mortgage costs.

The Intermediary

Newspage asked brokers what level they think average 2-year fixed rates need to drop to in order to reignite the property market.

Introducer Today

Brokers Issue Warning Over ‘Cut Price’ Housing Market

Mortgage Solutions

Artificial intelligence has the potential to revolutionise mortgage advice, brokers have suggested, but that will come through supporting advisers rather than replacing them.

Financial Reporter

Rates have reduced by up to 0.20% across residential and buy-to-let products.

The Intermediary

Santander has announced a further round of rate reductions of up to 0.20%, which will go live from Tuesday 22nd August.

What Mortgage

Property asking prices have tumbled by 1.9%, the biggest fall in August since 2018, the latest data from Rightmove has revealed.

Mortgage Solutions

Intermediaries have welcomed the fact that business levels in August have been low, suggesting it offers a chance to recover from the “rollercoaster” of recent months ahead of the market kicking back into...

Mortgage Professional

Brokers weigh in on the current landscape

Financial Reporter

Rates have reduced across residential and buy-to-let purchase and remortgage deals.

Financial Reporter

Accord has reduced 95% LTV rates by up to 0.80%.

CityAM

Santander has become the latest high street lender to reduce the rates of its mortgage deals, following a stream of other cuts by fellow banks last week, in a signal of hope for prospective buyers.

Mortgage Solutions

Barclays has announced it will be reducing rates across its mortgages for new and existing borrowers.

The Telegraph

Scheme encouraged people to buy property now beyond their means, say critics

Mortgage Solutions

Regular communication with clients will help them come forward when they start struggling with repayments, brokers have argued, while some intermediaries argued that a new awareness campaign from mortgage...

Mortgage Professional

Brokers discuss the potential pitfalls

FTAdviser

The ability for consumers to self-service their mortgage after taking initial advice is “baffling” and “flies in the face of regulatory rules”, according to Hudson Rose managing director, Graham Taylor.

IFA Magazine

Following the May Land Registry house price index published this morning, industry experts have shared their thoughts about the data with IFA Magazine. It’s be

The Intermediary

Following a month of rising swap rates and lenders forced to suddenly withdraw products from market due to high demand, what do experts predict ahead of Wednesday’s results?

FTAdviser

The publication of inflation data later this week will be a case of “sink or swim” for mortgage holders, Dimora Mortgages director, Jamie Lennox, has stated.

The Sun

HOMEBUYERS can haggle discounts worth tens of thousands of pounds off asking prices using a few trusty negotiating tricks. Four in ten sellers knocked down the price of their home in June by more t…

The Independent

Borrowers hit by soaring mortgages, but savers have yet to benefit from higher rates

Dorset Echo

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

Herald Scotland

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

Jersey Evening Post

Under-pressure households raided their accounts in May, withdrawing a record £4.6 billion from banks and building societies.The net withdrawal figure was the highest figure since monthly records started...

FTAdviser

Households withdrew £4.6bn from UK banks and building societies in May, according to the latest money and credit report from the Bank of England.

The Courier

Under-pressure households raided their accounts in May, withdrawing a record £4.6 billion from banks and building societies.The net withdrawal

Surrey Comet

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

The Irish News

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

IFA Magazine

Following the Bank of England’s Money & Credit report published this morning, showing a slight uptick in mortgage approvals and a record level of bank a

Evening Standard

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

Grampian Online

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

The Independent

Households made the the highest level of withdrawals from banks and building societies in May since monthly Bank of England records started in 1997.

The Sunday Times

As costs rise, property investors face an uncomfortable choice between raising rent or selling up

The Sunday Times

As costs rise, property investors face an uncomfortable choice between raising rent or selling up

Your Money

Homeowners are rightly concerned about the pace of rising interest rates and if you’re one of the two million households whose mortgage deal expires soon, here are seven options you can take.

Mortgage Solutions

The average loan-to-value on a remortgage has climbed to a fifteen-month high, Mortgage Advice Bureau data revealed.

The Times

More homeowners are taking out expensive second mortgages against their homes to make improvements, buy another property or start a new business.A second charge mortgage, a type of borrowing that

Mortgage Solutions

Last week, ING Direct announced a two-year tracker mortgage at a rate of 1.94% - or Bank Base Rate plus 1.44%. This launch made ING the sole intermediary lender offering products below the 2% threshold.

The Sunday Times

A giant divide in the property market has opened up, leaving first-time buyers and the self-employed facing a mortgage credit crunch, while second-home owners and wealthy families snap up country

Mortgage Solutions

July residential property transactions were 18.5% higher year-on-year despite a monthly dip, according to HM Revenue and Customs data.