Graham Cox's Media Coverage

Bournemouth Echo

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

Oxford Mail

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

The Herald

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

Bridging & Commercial

Brokers have reported seeing an exceptionally busy November for the bridging market.

Introducer Today

Consensus remains that the Bank of England will cut rates by 0.25%

This Is Money

Self-employed workers are often subjected to tougher checks, mainly because they are considered to have a more irregular or complex income and are therefore viewed as riskier by lenders.

Express.co.uk

People who are relying on credit card to cover everyday expenses, such as food, clothes and energy, are facing punishing interest rate bills.

Financial Times

Outstanding card balances on the rise as interest rates remain high

FTAdviser

A 99 per cent mortgage product for first time buyers has been launched by Yorkshire Building Society and Accord mortgages.

Birmingham Live

A joint letter from regulators has revealed they will target the finance and utility sectors for volume and tone of correspondence to vulnerable customers.

The Intermediary

A spokesperson said: “Dr. Mann will continue to hold the post until 31 August 2027.”

The Intermediary

The FCA is now urging firms to make sure to use supportive language, clearly signpost free debt advice and make it easy for debt advisers to contact them on behalf of clients.

The Intermediary

The UK housing market sees a steady start to 2024 with a consistent rise in house prices, as industry experts call for interest rate cuts to sustain growth and support homebuyers.

The Intermediary

This comes following January reports that the Chancellor was set to introduce 1% deposit, or 99% loan-to-value (LTV) mortgages as part of the upcoming Spring Budget.

This Is Money

Anyone taking out a mortgage at the moment will likely be pondering the same questions - how long to fix for? Should they fix at all?

The Intermediary

One broker, Laura Bairstow, said: “We have noticed a definite increase in down valuations, especially in instances where the borrower only has a 5% or 10% deposit.”

Financial Reporter

The goverment is reportedly planning to introduce the new scheme in the Spring Budget.

FTAdviser

The mortgage rate war “rages on” as major lenders have announced a fresh round of rate reductions.

Daily Mail

Halifax, the UK’s largest lender, became the first company to slash rates on its remortgage deals by up to 0.83 percentage points yesterday, just hours into the first working day of the year.

The Times

Intense competition is expected to trigger a ‘manic week’ in the housing market

Mortgage Solutions

An early election and more support on affordability are among brokers’ Christmas wishes, from a hopefully obliging Santa.

The Intermediary

Brokers have accused the Bank of England of strangling the UK economy as new data shows that GDP shrank in the third quarter of the year.

Express.co.uk

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

What Mortgage

There has been a bridging loan boom in Autumn as a consequence of downsizing and shifts in the buy-to-let market following the Budget.

Express.co.uk

A number of banks and building societies have raised interest rates on fixed rate mortgages in recent days

Moneyweek

Bitcoin has surpassed $80,000 in the wake of Donald Trump’s election win. Is it a case of “tulip fever” or should investors consider the asset?

Sky News

Welcome to the Money blog, your place for personal finance and consumer news and tips. Share your thoughts on any of the stories we cover in the box below.

FTAdviser

The sub-4 per cent mortgage has made a comeback as Nationwide announces a fresh range of rate reductions. Whenthebanksaysno.co.uk managing director, , has stated.

Sky News

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

The Intermediary

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

Express.co.uk

The Bank’s governor, Andrew Bailey, and the Monetary Police Committee (MPC) decided to hold the base rate at 5.25 per cent at their latest meeting.

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

Express.co.uk

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

Evening Standard

Sky News

The Money blog is your place for consumer news, cost of living advice and the latest on the economy. We’ll be back with live updates on Monday but for now you can read our weekend features, and submit...

This Is Money

Growing numbers of homeowners who remortgage are being forced to pay thousands of pounds more for their home loan due to the value of their properties being slashed.

FTAdviser

A networking platform designed to help the property sector by connecting people directly with developers, investors, agents, landlords and other industry experts has been launched.

BBC News

More people with buy-to-let mortgages have fallen behind on payments as interest rates have risen.

The Telegraph

High street lenders cut the cost of low-deposit loans in a bid to lure in new customers

Evening Standard

It joins Generation H, which launched its first rate below 4% just before Christmas

Mortgage Solutions

Better use of social media, technology and diversification are among the changes brokers are planning for their businesses this year.

The Intermediary

The Nationwide Building Society’s house price index for 2023 shows a 1.8% decrease in UK house prices compared to the previous year.

The Intermediary

This morning, Gen H introduced another round of rate reductions ahead of the festive break, cutting its entire product range by up to 0.25%.

Mortgage Solutions

The revolving door of the housing minister is actively harming the sector, holding back the chances of building enough homes, brokers have argued.

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%…

The Intermediary

With the Treasury considering cuts to stamp duty in the Autumn Statement, or at least before a General Election, experts are divided on the move, with some welcoming it, but many more ridiculing it as...

LandlordZONE

The tough economic conditions bearing down on landlords are starting to push up mortgage arrears, latest data from lenders’ trade body UK Finance has revealed.

The Intermediary - Latest UK mortgage news

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

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

Mortgage Professional

Brokers say rate reductions indicate stability and confidence slowly returning to the market

The Intermediary - Latest UK mortgage news

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

FTAdviser

Hesitancy from buyers may be leading to stagnancy in the mortgage market as “there’s very little incentive to buy now”, Self Employed Mortgage Hub founder, Graham Cox, has argued.

Express.co.uk

Britain’s jobless rate was more or less unchanged in the latest quarter amid mounting signs the country’s jobs market has cooled.

London Loves Property

Over the past month or so, lenders have been reducing their fixed rates in an effort to stimulate the purchase market, which one broker has described as “stagnant” — a…

The Intermediary

With many prospective buyers gambling on further house price falls, will fortune favour the patient — or the bold?

The National

Rental prices in the capital rose by 6.2 per cent in the year to September, the highest rise since 2006, official figures show

The Intermediary

Ahead of Tuesday’s labour market and Wednesday’s crucial inflation data, experts speaking to free UK news agency, Newspage, have said the Holy Grail this week for the mortgage and property market will...

Birmingham Live

Brokers told Newspage the rates will see 5-year fixed money continue to improve, with a 4.73% 5-year fixed rate with a £999 fee — and that 2-year fixed deals are also edging ever closer to 5%.

FTAdviser

Metro Bank is holding discussions regarding the sale of its £3bn residential mortgage portfolio as part of an attempt to “shore up its balance sheet further”.

Mortgage Professional

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

The Intermediary

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

Mortgage Professional

Expert claims “the mortgage price war is over”

The Intermediary

Brokers and business owners have criticised the length and substance of Jeremy Hunt’s speech at the Conservative party conference.

Financial Times

Data from Nationwide shows high mortgage rates are hitting the property market

The Independent

Some experts suggested that the house price downturn may only have a few months left to run, amid wider developments in the economy.

Mortgage Professional

Brokers offer their perspectives

Financial Reporter

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

Mortgage Professional

Brokers share what advice they are giving to struggling clients

BirminghamLive

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

Mortgage Professional

It will also introduce new products under its new business range

BirminghamLive

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

FTAdviser

Prospective homebuyers have only 18 months to avoid a stamp duty hike costing them thousands of pounds, analysis from Coventry Building Society has revealed.

The Intermediary

Annual private rental prices increased by 5.4% in England, 6.5% in Wales, and 6.0% in Scotland in the 12 months to August.

Mortgage Professional

In the current environment, should they stick or twist?

Introducer Today

Mortgage affordability to be hit by council mayhem

Mortgage Professional

“Decline in property sales is a significant concern”

Financial Reporter

Brokers warned bankruptcies would cause significant increases in council tax bills

Mortgage Solutions

Brokers have suggested that the dire levels of housebuilding in the UK are down to a combination of factors including the attitude of the government, the plodding planning system and the buy-to-let sector...

Mortgage Professional

Some brokers believe the tax should be placed on sellers

The Telegraph

Borrowers struggle to pay up amid sharp rise in interest rates

Mortgage Solutions

Some 45 per cent of people making rent or mortgage payments have reported a rise in costs in the last six months, a survey has found.

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.

Your Money

Lenders are expected to continue cutting mortgage rates following comments from the Bank of England’s governor which suggested the base rate was nearing its peak.

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.

The Intermediary

Successfully appealing these valuation decisions is often extremely difficult, particularly given the current climate.

This is Money

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

The “institutionalisation” of the buy-to-let market and the private rented sector has “slightly Orwellian undertones”, one broker has claimed.

Mortgage Professional

Another lowers stress rates

BirminghamLive

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

LandlordZONE

A raft of mortgage brokers and financial experts have criticised the Government’s focus on the build-to-rent (BTR)…

The Intermediary

As the financial and regulatory walls close in on amateur landlords, institutional investors are increasingly moving in.

The Intermediary

Net approvals for house purchases, a predictor for future borrowing, fell to 49,400 in July, down from 54,600 in June.

The Intermediary

The lender will be reducing its 2-year fixed 60% loan-to-value (LTV) product from 6.13% to 5.98%.

FTAdviser

Advisers have said that Labour ruling out a wealth tax is “good news for hardworking Brits” and praised the party for avoiding “a tax on success”.

FTAdviser

Recent data from the purchasing managers’ index gave a “dire” outlook for the economy, but could “spell good news” for mortgage holders, Shaw Financial Services founder, Lewis Shaw, has claimed.

Mortgage Professional

Brokers have revealed their views on its strengths and weaknesses

Mortgage Professional

Brokers discuss the future of the base rate

Daily Mail

Experts warned landlords may either increase rents to help cover their monthly mortgage shortfall, or even sell their properties and quit buy-to-let altogether.

Estate Agent Today

Alarm bells are ringing in the new build sales sector after figures have been released by a major house builder.

Bristol Post

As the Nationwide Index reveals the biggest drop in 14 years, one expert says the city is in for a ‘correction’ rather than a ‘collapse’

Introducer Today

Brokers’ Views - What Next for Interest Rates?

Daily Mail

Borrowers in Britain are still having to pay extremely high rates for new mortgages compared to one year ago, even though inflation is now falling at a greater rate than expected.

FTAdviser

HSBC has become the first high street lender to announce it will be reducing rates on a number of its fixed-rate products, after better than expected inflation data.

The Telegraph

Better than expected inflation data spurs hope of interest rates falling for homeowners

Evening Standard

The property market could tumble by up to 20 per cent, experts warn, unless the Bank of England halts interest rate rises

Mortgage Professional

Mortgage lending has fallen to smallest level since 2020

Mortgage Solutions

The media, the government and the Bank of England have all come under fire by mortgage brokers for their role in contributing to the ongoing difficulties in the mortgage market.

FTAdviser

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”.

Mortgage Solutions

Some borrowers are approaching new brokers, as they blame previous advice for their current mortgage repayment issues, intermediaries have told Mortgage Solutions.

The Intermediary

Many in the financial services industry are bracing themselves for the fallout from another interest rate hike.

Mortgage Solutions

Mortgage brokers have said borrowers should remain calm and look beyond average rate figures as Moneyfacts revealed the average two-year fixed rate was now 6.01 per cent.

Your Money

Mortgage brokers have said borrowers should remain calm and look beyond average rate figures as Moneyfacts revealed the average two-year fixed rate was now 6.01 per cent.

FTAdviser

Many mortgage brokers have said they would not be in favour of a government intervention on mortgages at this point, and that instead the government should focus on getting inflation under control.

The Independent

Calls for intervention were made as the average two-year fixed-rate mortgage deal topped 6% for the first time this year.

This Is Money

Repayments on new mortgages accounted for an average of 20 per cent of borrowers’ gross incomes between January and April, according to trade body UK Finance.

The Times

Mortgage interest relief at source was introduced in 1983 to boost homeownership but scrapped in 2000. Two experts debate whether it’s needed again

Introducer Today

Will There Be A Housing Crash?

FTAdviser

Santander is temporarily withdrawing residential and buy-to-let fixed and tracker rates at 7:30pm today (June 12).

Mortgage Professional

The range will relaunch on June 14

The Intermediary

In response to the changing market conditions, Santander UK has announced it will temporarily withdraw all new business residential and buy-to-let fixed and tracker rates as of 7.30pm on Monday, 12th June.

This Is Money

The average rate on a new two-year was today at 5.86 per cent - up from 5.83 per cent last Friday, 5.72 per cent last Monday and 5.33 per cent a month ago, according to financial experts at Moneyfacts.

The Intermediary - Latest UK mortgage news

After the UK saw its first annual house price decline in 11 years experts give their take on what’s next for house prices.

The Guardian

Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession

This Is Money

The boss of housebuilder Crest Nicholson said higher interest rates were hitting prospective first-time buyers particuraly hard.

The Intermediary

Mortgage 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...

Evening Standard

NATIONWIDE today unveiled plans to return £340 million direct to members as new chief executive Debbie Crosbie pledged her commitment to the mutual status that has seen the group thrive.

Daily Mail

Experts expect inflation to increase prices by more than 9% by 2027, and if the amount people earn matches, those currently earning as little as £46,000 could be dragged into the higher band.

Mortgage Solutions

Brokers have broadly welcomed Skipton Building Society’s track record mortgage product saying it could help a cohort of generation rent onto the property ladder and encourage more innovation in the sector.

Financial Reporter

Skipton launched a 100% LTV mortgage for renters this morning.

The Guardian

Much depends on the housing market and there’s no agreement on how that’s faring right now

This Is Money

Approvals for residential home loans jumped 18% compared to February, according to Bank of England data - but some fear mortgage rates may rise again.

Mortgage Strategy

The number of mortgages for house purchase rose strongly in March, hitting 52,000 according to the latest Bank of England (BoE) figures. This is a significant increase on the 44,100 approvals recorded...

Financial Reporter

Sunak is reportedly drawing up plans to bring back the Help to Buy Equity Loan scheme.

Mortgage Solutions

The government is understood to be drawing up plans for a relaunch of Help to Buy.

Mortgage Strategy

Early government plans to bring back Help to Buy have been slammed by brokers as a recipe for inflating house prices and benefitting housebuilders. Prime Minister Rishi Sunak’s government is looking at...

This Is Money

In total there were 89,560 residential property transactions in March on a seasonally adjusted basis, according to the latest data from HMRC.

Mortgage Professional

Brokers expect a rise in adverse credit customers

Mortgage Finance Gazette

UK housebuilder Taylor Wimpey reveals that its net private sales rate for the year to 23 April was 0.75, versus 0.97 a year earlier, with a cancellation ra

Mortgage Strategy

UK housebuilder Taylor Wimpey reveals that its net private sales rate for the year to 23 April was 0.75, versus 0.97 a year earlier, with a cancellation rate of 15% compared to 14%. In its latest trading...

Financial Reporter

Industry experts agreed that whether a buyer or a seller has the upper hand can differ by location, property type, and more.

IFA Magazine

From 8pm Thursday the 20th of April, Coventry for Intermediaries has announced it will be closing products and launching new ones. Brokers and Industry experts

Mortgage Professional

Experts slam the IMF for living in “cloud cuckoo land”

inews.co.uk

There are a number of factors that will influence if and when mortgage rates begin to decrease

Mortgage Professional

RICS data shows majority of homes are being sold below original listing price

The Intermediary

The IMF’s World Economic Outlook says rates are likely to head back to the historic lows if the country gets on top of inflation.

The Sunday Times

Stick or twist? That’s been the question facing homeowners since interest rates spiked in October. Mortgage holders who have come to the end of their deal rece

Mortgage Solutions

The annual rate of house price growth slowed in February to 1.6 per cent, which is down from 2.1 per cent for the last three months in a row.

Mortgage Strategy

House 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...

IFA Magazine

The 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

Property Reporter

Since the government outlined proposals for the Renters’ Reform Bill in its A Fairer Private Rented Sector white paper in June 2022, there has been much talk about what

IFA Magazine

With the latest UK inflation data published this morning showing an unexpected jump to 10.4% to the end of February from 10.1% in January, it will not only give

Mortgage Strategy

Santander for intermediaries will cut most new business fixed-rate loans by up to 28 basis points and selected tracker rates by up to 34bps tomorrow (21 March), which brokers hope will spur further cuts...

The Intermediary

Following the UBS acquisition of Credit Suisse, many are suggesting that the Bank of England may hold rates this week.

Mortgage Solutions

Mortgage brokers have accused lenders of treating self-employed applicants like “second class citizens”, with borrowers suffering because lenders do not take the time to understand their income.

Mortgage Professional

Does face-to-face interaction with an estate agent make a difference?

Financial Reporter

Mortgage brokers were split on whether the use of AI tools like ChatGPT would be a help or hindrance to the conveyancing and remortgage process.

Mortgage Solutions

Following the collapse of Silicon Valley Bank swap rates in the UK have fallen by as much as 0.2 per cent, which could pause the rising Base Rate trajectory and stabilise mortgage pricing.

Mortgage Professional

First-time buyers are being hit with the brunt of economic challenges

Financial Reporter

Brokers discussed what rate decision they believe the Bank of England will make.

Financial Reporter

The increase will apply to customers on fixed or tracker rate products.

The Intermediary

Coventry Building Society will be increasing its rates for owner-occupied properties as of next week.

The Intermediary

Barclays bank is increasing interest rates on several of its mortgage products for both residential purchase and remortgage applications.

Financial Reporter

Brokers said that regulation and negative perceptions of the financial services industry are holding back the advice sector.

IFA Magazine

Following the Halifax February House Price Index announcement, brokers, estate agents and property experts have shared their thoughts with IFA Magazine via Ne

Mortgage Solutions

The government needs to improve the incentives offered by the Rent a Room scheme, as well as crank up the level of housebuilding, in order to improve how efficiently we use our homes, brokers have argued.

FTAdviser

Nationwide is the latest high street lender to hike its mortgage interest rates.

IFA Magazine

After Nationwide announced that it is making rate increases across selected fixed term (two and five year) and tracker New Business and switcher products, from

Mortgage Strategy

Nationwide has made increases across selected fixed-term and tracker new business and switcher products, effective today (3 March). For new business, the lender has upped rates across its new member moving,...

Mortgage Professional

A host of industry experts chime in

FTAdviser

House prices have increased by 20.4 per cent on average over the past three years, as brokers warn of a housing bubble “crash”.

Mortgage Solutions

Brokers have said that more lenders will likely increase their loan to income (LTI) multiples in a bid for market share.

Financial Reporter

Advisers were not impressed, with some saying the headline “could absolutely be construed as advice”.

IFA Magazine

A headline in yesterday’s Sunday Times Money section read ‘Stick with your lender — you will get a better mortgage deal’. Whilst their article does s

Mortgage Professional

Positive signs from the January market, following confirmation of a dip in December

Financial Reporter

Brokers are split on when they think two-year fixed rates will drop below 4%.

IFA Magazine

With inflation coming down faster than expected last month, Bank Rate likely to be close to its peak and the possibility of rate cuts later this year to stimula

Mortgage Solutions

Brokers have called for mortgage lenders to be more “brave and bold” in their rate cuts, and move beyond “cherry picking” the best borrowers.

Mortgage Solutions

Brokers are divided on whether the cost of living crisis has improved or dented the appeal of making overpayments on mortgage repayments, while some have suggested that offset mortgages may work out a...

FTAdviser

Mortgage brokers have said a stamp duty rebate to help homeowners retrofit their properties to make green home improvements is a good idea in principle but in reality is unlikely to be successful

Daily Express

HSBC gives first sub-four percent offer since last year’s mini-Budget while houses prices ″set to fall by 20 percent’.

The Telegraph

Fixed-price deals will fall below trackers as rates rise – soon it will be time to lock in

Western Telegraph

It is thought the impact of recent increases in mortgage rates may now be being seen in the statistics.

Financial Reporter

With fixed rate mortgage rates edging down, PR platform, Newspage, asked brokers when they may drop below 4%. Some believe it’s imminent, others believe it could be some time yet.

IFA Magazine

Inflation has dipped for the second month in a row. Will this mean there’s less pressure on the Bank of England to raise the base rate? Mortgage brokers and IFAs were asked what impact the inflation dip might...

Mortgage Professional

‘Finding the right lender is key’ to approval for self-employed applicants

Mortgage Professional

The danger of propping up negative equity situations is real, but some see value down the road

IFA Magazine

Following the ONS report published this morning, Newspage has collected and shared the thoughts of Advisers and brokers. Many are concerned about the ever-incre

Financial Reporter

4 in 10 of those with a mortgage are now worried about changes in interest rates on their mortgage.

FTAdviser.com

Looking ahead to the new year for the mortgage market some advisers have argued a house price crash will be a good thing while many are in agreement that greater support is needed for first time buyers

Mortgage Solutions

In anticipation for 2023, Mortgage Solutions talked to brokers to ask what their expectations are for next year and how brokers can prepare.

Mortgage Solutions

The importance of the role of the broker, and being prepared for the unexpected, are some of the big lessons intermediaries have taken from 2022.

Financial Reporter

Brokers have called for a rethink around risk by lenders when it comes to the employed versus the self-employed.

IFA Magazine

It is widely anticipated that, in their pursuit of trying to curb double-digit UK inflation, the Bank of England’s MPC will today decide to hike interest rates

Mortgage Professional

It also reduces the maximum LTI multiples for self-employed borrowers

Financial Reporter

The maximum loan-to-income multiple for self-employed applicants has been lowered from 5.00 times to 4.49 times income.

Bristol Post

Buyers are ‘holding all the cards’

Mortgage Solutions

Lenders 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.

The Intermediary

The move has been widely welcomed by brokers who have seen the market fluctuate widely in the months since the ill-fated Prime Ministership of Liz Truss.

Financial Reporter

Should house price growth be included in the 2% inflation target?

The Intermediary

Nationwide’s seasonally adjusted measure of house prices fell by 1.4% month-to-month in November while year-over-year growth dropped to 4.4%, from 7.2% in October, well below the consensus, 5.8%.

FTAdviser.com

House price growth has seen its largest monthly fall in over two years as growth drops from 7 2 per cent in October to 4 4 per cent in November

Mortgage Professional

What did property experts say about it?

The Intermediary

With mortgage rates now dropping back from recent highs should brokers be advising people to opt for the security of a fixed rate or a cheaper tracker or variable rate mortgage?

Mortgage Solutions

More lenders may follow Virgin Money’s decision to temporarily remove high loan to value (LTV) (95 per cent loan) mortgages resulting in a lack of options for those with smaller deposits, brokers are speculating.

Evening Standard

Move thought to be linked to negative equity fears

This Is Money

Brokers are predicting that other lenders could follow suit, with some even forecasting the end of 10% deposit deals as banks seek to minimise risk.

FTAdviser.com

The mortgage market is in turmoil due to a series of political and economic events

IFA Magazine

As we digest the latest ONS inflation data published this morning, which showed UK inflation coming in at 11.1% for the twelve months to October - and which ha

Mortgage Solutions

Brokers want to see no “nasty surprises” in tomorrow’s Autumn Statement that could cause further turmoil in the mortgage market.

Mortgage Professional

Renewed interest in trackers follows BoE interest rate increase

Mortgage Solutions

The government could overhaul the tax regime for holiday lets in next week’s Autumn Statement but brokers fear a brutal approach could create more harm than good.

IFA Magazine

Below, a number of finance and property experts comment on the Halifax October House Price Index , which was published this morning: Jon Halbert, mortgage

Bristol Post

One agent said he expects prices to fall by 20 per cent by March

The Intermediary

A poll of mortgage brokers and estate agents from Newspage found that 58% expect house prices to fall by up to 10%.

The Telegraph

We may have already seen the peak in quoted mortgage rates, experts say

Financial Reporter

The Bank of England is expected to raise rates by 0.75% at its next meeting.

Mortgage Strategy

The Bank of England (BoE) is preparing to hike interest rates by 75 basis points to 3%, according to multiple reports. Yahoo News says financial markets are anticipating such a hike. Meanwhile, Reuters...

Express.co.uk

Property prices have fallen for the first time in 15 months in the wake of the turmoil caused by former Prime Minister Liz Truss’s mini-Budget.

The Telegraph

Economic woes hit housing market as brokers warn of 20pc crash

Mortgage Solutions

Brokers have reported an increase in interest in tracker and discounted tracker products as fixed rate pricing continues to climb

Mortgage Finance Gazette

Profit at Lloyds Banking Group fell by 26% to £1.5bn in the three months to September, as the lender set aside £668m to protect itself against mortgage and

The Guardian

Savills says move is ‘best feasible outcome’, but some experts say risk remains of ‘significant’ house price falls

Financial Reporter

It’s hoped that the government announcements will reduce the need for the Bank of England to hike base rates.

IFA Magazine

Following the impact of today’s political announcement on borrowers and savers, a selection of IFA and Brokers have commented. Samuel Mather-Holgate of Sw

BristolLive

Homes across the city have seen a huge hike in prices since 2012

FTAdviser.com

Mortgage brokers have complained that staff working from home is negatively impacting the service level provided by lenders

Financial Reporter

With the chaos triggered by the mini-Budget, and mortgage rates continuing to rise, Riz Malik of R3 Mortgages called for the Chancellor to quit live on Sky News yesterday.

Financial Reporter

With rates rising sharply, energy bills soaring and many borrowers leveraged to the hilt, Newspage asked brokers whether we will see a rise in the number of forced sales and repossessions in 2023 — and,...

Mortgage Professional

Brokers on how extreme market conditions may be next year

Mortgage Professional

Markets, BoE rhetoric are grim

The Telegraph

Half of 5pc deposit loans have already disappeared

Freelance Informer

How can freelancers protect themselves from rising inflation and interest rates when it comes to their SIPPs and mortgages?

The Guardian

Government’s 45p tax U-turn and calmer stock markets do not result in cheaper new mortgage deals

The Times

The chancellor’s mini-budget has added £1,500 to the average mortgage borrower’s annual bill in what analysts have dubbed the “Kwarteng premium”.The average rat

The Telegraph

Sales are falling through in the wake of interest rate rises

IFA Magazine

Following the Nationwide September House Price Index published this morning, mortgage and property experts have commented. Andrew Montlake, managing director o

The Sun

HOMEBUYERS are haggling to get cheaper house prices amid interest rate rise and mortgage borrowing fears. Mortgage interest rates have risen to a maximum of 6%, with lenders pulling fixe…

B&C

Yesterday (28th September), the Bank of England (BoE) announced it will carry out temporary purchases of long-dated UK government bonds to restore orderly market conditions.

Daily Mirror

North Wales estate agent Ian Wyn-Jones has warned how mortgage offers are now being pulled, as the market was left spooked this week following the Mini-Budget delivered by Kwasi Kwarteng

Metro.co.uk

Leading economists have warned house prices could tumble by 10-15% in the coming months, which coul see borrowers face steep increases in their monthly repayments.

The Guardian

Lack of supply will prevent crash, say some, while others predict ‘simple maths’ mean property price bubble poised to burst

inews.co.uk

Some buyers are telling sellers they are not able to pay as much in light of interest rates going up

Mortgage Professional

They also argue on whether the market is now a buyers’ or a sellers’ market

FTAdviser.com

Mortgage brokers have expressed concern about new build property developers increasingly putting pressure on prospective buyers to exchange contracts within a 28 day period while no build date has been...

This Is Money

The Government has doubled the threshold at which you start paying stamp duty from £125,000 to £250,000, but a radical overhaul failed to arrive.

Daily Mail

The Government has doubled the threshold at which you start paying stamp duty from £125,000 to £250,000, but a radical overhaul failed to arrive.

Business Matters

Banks and building societies have removed dozens of mortgage deals from sale over fears that the cost of borrowing would soar.

inews.co.uk

We reveal what you can do if you need to re-mortgage and what your options are if you’re a first time buyer

Sky

Latest in our cost of living blog as mortgage lenders withdraw their products; the pound rallies slightly after historic lows on Monday; the Bank of England appears likely to raise interest rates 0.75-1%,...

The Times

Banks and building societies removed dozens of mortgage deals from sale yesterday and homeowners raced to secure fixed rates because of fears that the cost of b

Mortgage Professional

Experts explain what this fall could entail

Express.co.uk

Markets are expecting interest rates to surge next year, meaning those ending their mortgage term could see a sharp increase in their monthly payments.

Financial Reporter

The odds of the MPC hiking rates again in an emergency meeting this week have shortened after Sterling’s all-time low against the Dollar.

Londonlovesbusiness

The news that the Pound has hit a record low this morning against the greenback, and is moving every closer to parity, has sent shockwaves in the City, Markets and beyond. Here’s…

Express.co.uk

The Bank of England has raised the Base Rate six times since December, to help stem soaring inflation.

The Negotiator

Stamp Duty is expected to be cut in tomorrow’s mini-budget and the property industry is mostly delighted but some point to blind cynicism.

Mortgage Solutions

Mortgage brokers have called for the government to announce measures which will keep inflation under control, increase housing production and provide greater support to landlords in this week’s ‘fiscal...

Mortgage Solutions

The UK economy grew 0.2% in July following a 0.6% fall in June, but the “disappointingly small rebound” suggests we’ve already entered recession.

Bristol Post

Companies are calling on ministers to do more to support businesses with soaring energy bills

Express.co.uk

BUSINESS leaders and consumer groups said the Government’s new Energy Price Guarantee will bring ‘huge relief to millions’.

Bristol Post

Two experts have forecast what they think will happen with property prices over the next few months

Freelance Informer

A new Prime Minister in Britain means new policies that could impact freelancers and small business owners. Here’s what they are asking for.

Freelance Informer

If you are in the market to buy a newbuild property, you don’t have to be rushed into signing anything. Mortgage brokers offer tips to avoid dodgy developer tactics.

IFA Magazine

Brokers have reported “an enormous uptick in enquires from tenants who have been given first refusal to buy the property they’re renting”. They say increas

Mortgage Professional

“These unethical developers should be named and shamed”

Wealth Briefing

Bristol Post

The region’s business community responds as the Conservative party’s new leader is announced

Mortgage Strategy

Brokers are calling for new regulation to correct the new build and mortgage markets that are “chaotically out of sync”, putting buyers under pressure to exchange contracts within 28 days on homes that...

Financial Reporter

A number of brokers have expressed concern about new build property developers putting pressure on prospective buyers.

IFA Magazine

Brokers have expressed their concern about new build property developers increasingly putting pressure on prospective buyers to exchange contracts within a 28-

Bristol Post

The experts have forecast what they think will happen with property prices over the next few months

IFA Magazine

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

Following the Bank of England Money And Credit report (July) published this morning, property and mortgage experts have reacted. Andrew Montlake, managing dir

Evening Standard

Fuel bills “devastating” for many admits Ofgem

Evening Standard

Fuel bills “devastating” for many admits Ofgem

Daily Mail

The new cap announced by Ofgem today will come into effect for around 24million households in England, Scotland and Wales on default energy tariffs on October 1.

Mortgage Strategy

Confirmation from Ofgem that the energy cap will be raised from £1,971 to £3,549 a year from October has been met with dismay by many in the mortgage industry. Outside of immediate concerns for staying...

Your Money

It is no longer a “no brainer” to go for a fixed rate mortgage, with the price gap between variable and fixed deals becoming “more marked” than has been the case in years.

Mortgage Solutions

rokers have argued that it is no longer a “no brainer” for clients to go for a fixed rate mortgage, with the price gap between variable and fixed deals becoming “more marked” than has been the case in...

IFA Magazine

Following the UK House Price Index (June 2022), property experts have reacted. Ryan Joyce, director of Nottingham-based independent mortgage broker, Key Mortg

Sunday Mirror

Rocketing interest rates could double this year’s projections for repossessions to 24,000 by 2024 according to an economic consultancy’s analysis of latest Bank of England figures

The Telegraph

Experts predict property values will drop between 5pc and 10pc over the next 12 months

The Telegraph

Month-on-month, prices in July rose by just 0.1pc to hit £207,209

Mortgage Strategy

Inflation in the UK reached 9.4% in June, setting a fresh 40-year record high, according to the Office for National Statistics (ONS). The latest figure is driven by a 42.3% rise in the price of motor fuels...

Mortgage Solutions

Self-employed borrowers are treated as higher risk by mortgage lenders but there is little justification, according to mortgage brokers.

IFA Magazine

This morning the latest monthly ONS economy stats were released, highlighting a Gross domestic product (GDP) growth of 0.5% in May 2022, after a decline of 0.2%

FTAdviser.com

Advisers have shared their top tips for keeping cool while carrying on creating financial plans for clients ranging from drinking iced water to licking your wrists like a monkey

Mortgage Professional

Housing market continues to show resilience, but for how long?

Express.co.uk

‘INSANE’ fuel prices are leaving Britons in the bizarre position of needing a second job to commute to their first, business bosses have warned, after protesters brought the M4 to a halt earlier.

Mortgage Solutions

Children could inherit their parents’ mortgage if ideas being explored by the government become reality, but the scheme could simply push house prices higher, brokers say.

IFA Magazine

Following 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

Brokers also give their views on the growing number of people taking out longer term fixes as a result of increasing rates

Business Live

Average annual house prices in Britain have risen again, new ONS data shows

IFA Magazine

Ahead of the Bank of England’s interest rate decision tomorrow, we asked brokers, wealth managers and financial planners for their views on whether Bank Rate s

Mortgage Solutions

Brokers have reported seeing increased numbers of clients with missed or late payments on their credit records, and have warned that too often they have little to no idea of the impact such black marks...

Financial Reporter

Prime minister Boris Johnson has today confirmed plans which will allow homebuyers on lower wages to use housing benefit - currently amounting to £30 million per year - towards their mortgage.

IFA Magazine

With today’s ONS April GDP data proving that the UK economy is under some serious pressure, financial experts and advisers share their views on the data with

The Telegraph

House price growth slows as rising costs bite

This Is Money

New Government plans aim to help housing association tenants and benefit claimants get on the property ladder - but how will it work in practice?

Daily Mail

New Government plans aim to help housing association tenants and benefit claimants get on the property ladder - but how will it work in practice?

BristolLive

“I believe house prices will fall this year and possibly even more in 2023”

FTAdviser.com

Prime minister Boris Johnson is to set out plans to boost home ownership in England which will see low earners allowed to use housing benefits to cover mortgage payments

inews.co.uk

As the cost of living rises by 9% we look how it stands to affect mortgages, savings, pensions and investments

Mortgage Strategy

Net mortgage borrowing increased from £4.6bn in February to £7bn in March, show new figures from the Bank of England (BoE). This, says the BoE, means borrowing remains above the pre-pandemic average up...

Mortgage Strategy

The Halifax has published new rate rises due to come into effect on 3 May, that are in some cases more than double what they were a year ago. A two-year fixed-rate remortgage at 60% loan-to-value, with...

The Telegraph

Soaring house prices mean one in 20 inquiries is for a £1m+ loan

The Independent

Risk of default prompts new caution as cost of living crisis hits affordability calculations. But how worried should we be about becoming mortgage prisoners?

This Is Money

Lenders are looking at business owners - who may typically pay themselves in dividends - and how recent dividend tax hikes will affect their ability to pay their mortgage.

Daily Mail

Lenders are looking at business owners - who may typically pay themselves in dividends - and how recent dividend tax hikes will affect their ability to pay their mortgage.

FTAdviser.com

Britain s housing market is broken and the property bull market could soon turn into a bear mortgage advisers have warned

Business Live

House price growth eased in January to 9.6%, from 10.0% in December, but over the last year the cost of homes has surged

Express.co.uk

RISHI SUNAK will make his Spring Statement today, providing an update on how the Government will help Brits weather the cost of living crisis. What should the Chancellor be doing to help you?

Business Live

The Chancellor will unveil his ‘mini budget’ on Wednesday, March 23

FTAdviser.com

Brokers have called the Bank of England s latest base rate rise naive as consumers face the double whammy of lenders increasing their mortgage payments and rising bills

IFA Magazine

There’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

Mortgage Solutions

Rising living costs present a key remortgage opportunity as borrowers are likely to find it tougher to get a loan in the coming months, brokers have told Mortgage Solutions.

BristolLive

There is a lack of stock currently driving up prices

The Independent

An interest rate increase is imminent. But how hard will it hit us?

Express.co.uk

BORROWERS should brace for higher costs as markets anticipate multiple Bank of England rate hikes this year, with the first this Thursday.

Financial Reporter

The Bank of England is expected to raise interest rates again this week to contain 30-year high inflation.

BristolLive

‘It’s difficult to imagine prices rising for much longer’

Yahoo Finance

UK house prices rose again in December 2021 for the sixth month in a row, new data shows

Bristol Post

Average price of a home rose by more than £24,500 in 2021

Evening Standard

UK house prices rose again in December 2021 for the sixth month in a row, new data shows

Mortgage Solutions

Hiring new staff, launching into new markets, and even developing a YouTube channel are among the resolutions brokers have for their businesses in 2022.

Yahoo Finance

How to make yourself stand out from crowd as a buyer

Mortgage Strategy

The proportion of older people in the private rented sector (PRS) has increased in the last 10 years, the Office for National Statistics’ English Housing Survey has found. It states that the proportion...

The Guardian

Rolling coverage of the latest economic and financial news

The Sun

IT could be easier for first-time buyers to get approved for a mortgage under new plans. The Bank of England is believed to be preparing to loosen the tough mortgage lending rules it introduced fo…