Ross Boyd's Media Coverage
The National
London landlords ‘nearing crisis point’ amid remortgage crunchProperty owners ‘riding a unicycle on a tightrope over a pit of sharks’ as buy-to-let fixed-rate loans expire
Credit Strategy
Property prices drop by 5.3%House prices in the UK have fallen by a substantial 5.3% over the past year, according to the latest data released by Nationwide
Evening Standard
Property prices falling faster than expected as rate rises hit demandMortgage experts warned of a ‘mass exodus’ of London landlords with falling prices
Express.co.uk
Average new mortgage payments set to rise £288 a month - ‘absolutely brutal’People renewing their mortgage over the next 12 months could be £3,456 worse off on average each year.
Mortgage Solutions
Nearly three quarters of brokers have not seen significant green product innovation in last year – poll results - Mortgage...Around 72 per cent of brokers said they have seen no change when it comes to lender innovation on housing energy efficiency, a poll reveals
Financial Reporter
Newspaper headline stating ‘stick with your lender’ to get best mortgage deal faces broker backlashAdvisers were not impressed, with some saying the headline “could absolutely be construed as advice”.
Mortgage Solutions
Nearly half of broker firms feel ‘somewhat’ prepared for Consumer DutyAround half of mortgage broker firms said they were somewhat prepared for Consumer Duty and over a quarter said they did not feel prepared at all, a vMortgage Solutions poll has found.
Daily Mail
England and Wales fans begin to pack pubs on both sides of the borderAround 10,000 British supporters are in Qatar for the match and they started drinking early this morning ahead of the crunch clash.
Evening Standard
London property market sees demand for homes halved since mini-BudgetThe fall in demand for homes is far greater in London than any other UK region.
MoneyWeek
UK house prices slowdown – are we heading for a crash? | MoneyWeekThe Halifax House Price Index shows house prices fell in September. Is the dip a sign of things to come?
IFA Magazine
“A rate increase of 0.75% will send shockwaves through the property market” - brokers on this week’s rate decisionThis week, many expect the Bank of England to raise rates by 0.75% in an effort to combat inflation. In response, ten brokers were asked what it would mean for
FTAdviser.com
Energy bill support package not long-term thinking, advisers sayThe package of measures announced by prime minister to support UK households with their energy bills this winter is a short term policy which will result in long term pain IFAs have said
IFA Magazine
Nationwide House Price Index: “Obscene rise in energy bills is something that needs to be proactively addressed by lenders”...Following the Nationwide August House Price Index published this morning industry experts have reacted. Ross Boyd, founder of the always-on mortgage comparison
IFA Magazine
Bank of England mortgage approvals: “increased use of plastic shows unbelievable pressure people are under” - industry reactionFollowing the Bank of England Money And Credit report (July) published this morning, property and mortgage experts have reacted. Andrew Montlake, managing dir
IFA Magazine
HMRC Property Transactions: “Last year’s data was skewed signifcantly by the Stamp Duty holiday” - reactionFollowing the June 2022 property transactions data just published, mortgage and financial experts have commented: Alastair Hoyne, managing director at London-b
IFA Magazine
BoE mortgage approvals - “People who have been procrastinating are very proactive” - reaction from brokersFollowing today’s Bank of England Money & Credit report (May) issued this morning, mortgage brokers comment on the data and reveal that they’re still fi
Mortgage Professional
Rent prices UK – government reveals the latestWhich regions and local areas have the highest and lowest monthly rents?
IFA Magazine
Residential planning applications down 7% on the yearFollowing on from this morning’s planning applications data for England published by the Department for Levelling Up, Housing & Communities, mortgage exper
IFA Magazine
UK property market goes down the rabbit holeThere’s surreal and there’s the UK property market, which takes surreal to a whole new level. Imagine Dali, on angel dust.The Halifax house price index for
IFA Magazine
Property market branded “a law unto itself” following extraordinary February growthEconomic logic and the UK property market rarely go hand in hand and this was once again the case in February. Despite the soaring cost of living and interest
Daily Mail
Firms will carry on making staff who test positive self-isolateThe Prime Minister is expected to unveil the blueprint for his ‘living with Covid’ plan in the Commons this afternoon.
Express.co.uk
‘Don’t expect prices to dampen’: House price growth slows but average home now worth £276kHOUSE PRICE growth slowed down last month in its smallest monthly increase since June 2021. However, the average house price in the UK reached a new record high of £276,759. One property expert said they...
FTAdviser.com
Brokers call on govt to curb house price growthMortgage brokers have urged the government to intervene to keep the earnings to house price ratio more affordable in a bid to protect Britain s homebuyers
Express.co.uk
Warning to mortgage holders as analysts predict Bank of England rate hike ‘almost certain’BORROWERS should brace for higher costs as markets anticipate multiple Bank of England rate hikes this year, with the first this Thursday.
Financial Reporter
Should the Bank of England raise rates this week? - Intermediaries respondThe Bank of England is expected to raise interest rates again this week to contain 30-year high inflation.
inews.co.uk
Remortgage demand explodes ahead of another ‘likely’ interest rate riseThe prospect of much higher inflation in 2022 was prompting many homeowners to lock into lower mortgage rates before lenders start to charge more
Financial Reporter
Lenders predict slump in mortgage demand in Q1: BoEMortgage demand fell in Q4 and is expected to remain subdued in the first quarter of 2022, according to the latest Credit Conditions Survey from the Bank of England.
Mortgage Strategy
Lenders report lower borrowing demand at close of year: BoEDemand for secured lending for house purchases fell in the final quarter of last year, according to a new report from the Bank of England (BoE). In the bank’s latest credit conditions survey, lenders reported...
Yahoo News
Is this a good time to overpay my mortgage?Overpaying your mortgage can have some big benefits but it’s also important to read your mortgage small print.
CityAM
End of furlough: ‘Time for the UK economy to put its big girl pants on’City A.M. sought the views of a selection of a number of small business owners about whether now is the correct time to remove the support package and what might happen in the months ahead.
The Sun
What is a mortgage term and which one is right for you?IF you’re lucky enough to be in a position to buy your first new home, signing yourself up for a mortgage might seem a little daunting. With plenty of options to choose from – including what …
Mortgage Introducer
Clydesdale launch new range of remortgage exclusives | Mortgage IntroducerOn the resi front rates are cut across a number of two and 5-year products.
The Guardian
Homebuyers rush to complete before stamp duty holiday deadlineBuyers who miss 30 June cutoff may have to pull out of purchases, putting chains of sales at risk
The Telegraph
Banks battle it out in mortgage price warThe soaraway housing market rekindles memories of 2008 when a lending spree triggered the worst financial crisis for decades
The Sunday Times
It’s time to switch the mortgage — the app has just told meIf you fix your mortgage, you do so in the expectation of putting up your feet and paying a set rate for a couple of years. Yet a new switching app looks set to turn that wisdom on its head. Dashly
This Is Money
8 things you can do that will protect your home from rising costsDominic Raab has said that the reality is that this ‘deal gives even more away.’ The Former Brexit Secretary spoke after Prime Minister, Theresa May, and the EU have agreed a new draft political declaration...
TechRadar pro
A British startup wants to shake up the mortgage market. Here’s howNew service looks to challenge traditional switching sites.