Paul Holland's Media Coverage
This Is Money
Mortgage brokers reveal how borrowers are coping with higher ratesMortgage advisors tell us how their customers are being impacted by higher rates - from stretching their loan terms switching to interest-only deals or asking family for help.
FTAdviser
Mortgage arrears hit 7-year highUK mortgages in arrears hit a seven-year high in the final quarter of 2023, according to data from the Bank of England. The proportion of the total loan balances with arrears, relative to all outstanding...
Express.co.uk
Mortgage arrears surge by 50% in just one year sparking home repossession fearsThe value of outstanding mortgage balances in arrears is over 50 percent higher than it was a year ago.
The Intermediary
Brokers report “huge increase in Klarna and PayPal schemes on credit reports” over 12 monthsNewspage asked brokers how lenders look at ‘Buy Now, Pay Later’ schemes and whether they can impact a person’s ability to get a mortgage.
Mortgage Solutions
From tech to Twitter (X): what brokers plan to do differently in 2024 - Mortgage SolutionsBetter use of social media, technology and diversification are among the changes brokers are planning for their businesses this year.
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’.
BirminghamLive
HSBC issues 24-hour message to any customer with a mortgageThe high street banking giant will cut rates for existing residential customer switching and borrowing, residential first-time buyers and home movers, residential remortgagers and residential remortgage...
Express.co.uk
HSBC announces cut mortgage ratesBanks, such as HSBC, are opting to cut mortgage rates in a move that will help homeowners.
This is Money
How much more will house prices fall in the UK?House prices have fallen at the fastest pace in the last 12 months since 2009, the latest Nationwide data shows - but where will they go next?
FTAdviser
Long-term fixes and evolution of mortgage market ‘long overdue’Mortgage brokers have told FTAdviser that while now is not the right time for borrowers to explore long-term fixes, the evolution of the market in this direction is “long overdue”.
FTAdviser
Govt cold calling ban will build trust in the industry, say advisersThe government’s ban on financial cold calling has been welcomed by financial advisers who say the move will help build trust in the financial industry.
FTAdviser
Advice firms show limited appetite for four-day working weekAdvice and mortgage firms have expressed scepticism and limited interest in rolling out a four-day work week, despite the success of the world’s largest trial.
Mortgage Solutions
UK house prices grew 0.3 per cent in October - Mortgage SolutionsAverage house prices in the UK ticked up 0.3 per cent month-on-month to £296,422.
The Intermediary
House prices saw monthly increase in October - ONSOn a monthly basis the unadjusted index rose by 0.3% in October. In seasonally adjusted terms, prices increased by 0.7%.
Mortgage Solutions
Lenders urged to stop ‘persecuting’ self-employed borrowers ‒ analysisLenders have been guilty of ‘persecuting’ self-employed borrowers since the pandemic, brokers have claimed, a situation which has only been exacerbated by the impact of the mini-Budget.
Financial Reporter
What are the options for borrowers remortgaging in negative equity?Brokers discuss the impact of a reduction in house prices moving into 2023.
IFA Magazine
Average 5-year fix falls below 6% for first time in seven weeks - brokers give their views on where fixed rates are headed...Following news that the average 5-year fixed mortgage rate has fallen below 6% for the first time in seven weeks, free broker PR platform, Newspage, asked a s
What Mortgage
Fixed rate mortgage prices dip, but there’s ‘room for improvement’The average rate for a five-year fixed rate mortgage has fallen below 6% for the first time in seven weeks, the latest data has revealed.
Mortgage Strategy
Autumn Statement: Industry reactionThe mortgage industry has reacted to the Autumn Statement this lunchtime, with some suggesting it will “restore confidence” while others claim areas of the sector “have been bypassed”. Lodestone Mortgages...
IFA Magazine
Halifax October HPI: experts say the property market is not facing headwinds “but a hurricane”Below, a number of finance and property experts comment on the Halifax October House Price Index , which was published this morning: Jon Halbert, mortgage
Mortgage Professional
Borrowing rates ‘could reduce’, says London brokerRate may drop due to interest rise being lower than feared
Forbes
Mortgages Update: Where Next For Interest Rates?4 November: Bank Rate Expected To Peak At 4.75% This Time In 2023 The Bank of England yesterday increased its Bank rate by 0.75 percentage points to 3%
FTAdviser.com
Mortgage rates could ‘fall’ post BoE rate riseSome mortgage deals may become cheaper as today s interest rate rise by the Bank of England did not go as far as some had feared brokers have said