Estate Agent Today

Mortgage rates could be set to finally fall below 5%, brokers claim.

Milford Mercury

The uptick in house prices in October most likely reflects the fact that the supply of properties on the market is constrained, Nationwide said.

Gazette & Herald

The uptick in house prices in October most likely reflects the fact that the supply of properties on the market is constrained, Nationwide said.

Ledbury Reporter

The uptick in house prices in October most likely reflects the fact that the supply of properties on the market is constrained, Nationwide said.

Birmingham Live

Property values were down by 3.3 per cent compared with October last year, the research also found.

The Independent

The uptick in house prices in October most likely reflects the fact that the supply of properties on the market is constrained, Nationwide said.

Perspective Magazine

Lenders reported that default rates on mortgages had already increased in the third quarter of this year.Default rates for mortgages and credit cards by hou…

The Independent

Lenders reported that default rates on mortgages had already increased in the third quarter of this year.

Yahoo News

Lenders reported that default rates on mortgages had already increased in the third quarter of this year.

Introducer Today

Is The Mortgage Price War Really Over?

FTAdviser

“The mortgage price war is over”, Mather and Murray Financial independent financial adviser, Samuel Mather-Holgate, has argued as investors mark down their bank rate expectations.

Financial Reporter

Halifax has launched a sub-6% deal at 95% LTV as part of the changes.

FTAdviser

Halifax’s latest fixed rate cut is a “lifeline for first-time buyers”, The Mortgage Expert’s Darryl Dhoffer has claimed.

Mortgage Professional

Expert claims “the mortgage price war is over”

BirminghamLive

One broke described the rates as “a lifeline for first-time buyers”.

The Intermediary

Brokers told Newspage that this was a “lifeline for first-time buyers.”

The Telegraph

House prices dropped for the eighth month in a row as mortgage approvals plummeted.

Financial Reporter

Halifax is the latest lender to reduce rates across its range.

BirminghamLive

Brokers welcomed the news but warned that, with SWAP rates edging up, the rate battle may slow in the weeks ahead.

The Intermediary

The reductions will take effect from tomorrow, Friday,22 September, and will see selected residential products reduced by up to 0.25%.

Financial Reporter

The lender has announced wide-ranging rate cuts from Monday.

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.

Mortgage Solutions

The value of gross mortgage advances completed in Q2 totalled £52.4bn, which was the lowest figure since the second quarter of 2020 when the country had entered lockdown and the property market was effectively...

Financial Times

Bank of England survey shows 28.8% increase compared with last year, reflecting sharp rise in borrowing costs

FTAdviser

The launch of top slicing on buy-to-let applications by BM Solutions could be a “game-changer in buy-to-let applications”, according to R3 Mortgages founder and director, Riz Malik.

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.

BirminghamLive

Rates are being reduced for new businesses, including purchase and remortgage rates, as well first time buyers.

BirminghamLive

The average UK house price fell in August at the sharpest annual rate seen in 14 years, according to an index.

The Intermediary

Q2 2023 saw 84% of remortgaging deals being internal product transfers.

What Mortgage

Increasing numbers of homeowners are switching to products with their current lender, rather than remortgaging to a new deal with another provider.

Introducer Today

It’s War! Lenders Battle for Market Share

Property Industry Eye

Nationwide and Santander slash mortgage rates - ‘other lenders may follow’ - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum...

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.

Yahoo Finance

Markets expect rates to peak at 6% or 6.25%, which is higher than they expected last week, but Halifax still cut its prices

Moneyweek

UK house prices rose on average by 1.7% but signs of recovery might be short lived

The Telegraph

Capital is most exposed to declining buying power, with warnings of more pain to come

FTAdviser

Barclays has announced a series of reductions to its mortgage rates, including a 0.3 percentage point fall for product transfers, following similar announcements by other large lenders.

This Is Money

It follows a series of rate reductions by many of Britain’s high street banks in recent days and weeks, which has led to hopes that mortgage rates have peaked.

Your Money

Around 81,900 homeowner mortgages are in arrears of 2.5 per cent or more of the outstanding balance in the second quarter of the year.

Mortgage Solutions

Around 81,900 homeowner mortgages are in arrears of 2.5 per cent or more of the outstanding balance in the second quarter of the year.

The Independent

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

This Is Money

The nation’s largest lender, Halifax, is the latest bank to slash the cost of its loans, following on from cuts announced earlier this week by HSBC, TSB and Nationwide.

LBC

There is fresh relief for homeowners as banks prepare to launch a mortgages rates price war - including the nation’s biggest lender.

Financial Reporter

Rates have reduced by up to 0.35%.