Paul Welch's Media Coverage
FTAdviser
BoE’s appointment of former Fed chair for review is ‘humiliating’The appointment of US Federal Reserve ex-chairman, Ben Bernanke, to oversee a review of the Bank of England’s economic forecasting is “frankly humiliating”, R3 Mortgages founder and director, Riz Malik,...
FTAdviser
House prices fall at fastest rate in 14 yearsHouse prices in the UK have fallen at their fastest rate since July 2009, according to Nationwide’s latest house price index.
Mortgage Solutions
HSBC cuts rates prompting speculation on further reductionsHSBC has become the latest lender to reduce its mortgage rates as swaps continue to fall in light of easing inflation.
Mortgage Solutions
HSBC cuts rates prompting speculation on further reductions - Mortgage SolutionsHSBC has become the latest lender to reduce its mortgage rates as swaps continue to fall in light of easing inflation.
Mortgage Professional
Relaxing planning rules – examining Michael Gove’s latest proposalBrokers react to the housing secretary’s latest plan
The Intermediary - Latest UK mortgage news
Specialist lenders spearhead rate cuts, but will high street follow?Brokers share their predictions as to where the market is headed.
IFA Magazine
Specialist lenders spearhead rate cuts, but will high street follow? Brokers give their viewsOver the past two days, challenger lenders like MPowered and Gen H have turned the tables with a fresh wave of rate reductions. Citing the recent dip in swap ra
The Intermediary - Latest UK mortgage news
“I’ll believe it when I see it” – industry reaction to Michael Gove housing plansIn a speech today, The Secretary of State for Levelling Up, Housing and Communities, Michael Gove, announced a wave of new plans to relax planning rules in England.
Invest for Property London, Buy Residential property UK |
Coventry hikes rates of residential, BTL productsThe rate changes will impact all residential fixed new business rates, including offset, interest-only, and offset interest-only, which will all be raised Coventry Building Society has announced that it...
B2L Insider
Coventry closes BTL products with 48 hours’ noticeCoventry for Intermediaries is closing some BTL products as of 8pm tomorrow (18th July).
Mortgage Professional
Coventry announces product changesBrokers see a worrying sign of what’s to come
FTAdviser
Coventry for Intermediaries announces imminent product closureCoventry for Intermediaries will be closing products at 8pm on Tuesday July 18, the lender has announced.
FTAdviser
Coventry for Intermediaries announces imminent product closureCoventry for Intermediaries will be closing products at 8pm on Tuesday July 18, the lender has announced.
Mortgage Strategy
Coventry for Intermediaries pulls resi and BTL deals for repricing – Mortgage StrategyCoventry for Intermediaries will pull selected residential and landlord fixed-rate products for new customers tomorrow, coming back to market with higher rates on Wednesday. The mutual’s broker arm says...
FTAdviser
‘Too early to tell’ whether swap rates are on way downIt is “too early to tell” whether swap rates are on the way down Large Mortgage Loans founder and CEO, Paul Welch has stated.
Mortgage Finance Gazette
Coventry for Intermediaries withdraws BTL and resi products for repricing – Mortgage Finance GazetteCoventry for Intermediaries will pull selected residential and landlord fixed-rate products for new customers tomorrow, coming back to market with higher r
Mortgage Strategy
Coventry for Intermediaries pulls resi and BTL deals for repricing – Mortgage StrategyCoventry for Intermediaries will pull selected residential and landlord fixed-rate products for new customers tomorrow, coming back to market with higher rates on Wednesday. The mutual’s broker arm says...
FTAdviser
‘Too early to tell’ whether swap rates are on way downIt is “too early to tell” whether swap rates are on the way down Large Mortgage Loans founder and CEO, Paul Welch has stated.
Esajaelina
What is a one and a half mortgage and how will it help - EsajaelinaCan’t decide whether to fix your mortgage or pay a variable rate? It seems you can do each.
This Is Money
What is a half and half mortgage and how it can helpHalf and half mortgages allow you to split your loan into two with one part on one type of mortgage and the other on another.
The Intermediary - Latest UK mortgage news
House prices see a slight drop amid increasing interest ratesHouse prices registered a slight dip for the third consecutive month in June, reflecting a cooling housing market in response to increasing interest rates.
WRAL
UK mortgage rates spike to highest level since Truss tax plan spooked marketsLONDON (AP) — Homeowners and renters in the U.K. faced further grim news Tuesday as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors.
Magzter
Mortgage rates may hit 7% as rises are ‘out of control’Read this exciting story from The Independent July 05, 2023. Homeowners have been warned that Britain is heading for a mortgage-rate “disaster” as the average five-year fixed-rate deal jumped above 6 per...
INQUIRER.net
UK mortgage rates spike to highest level since Truss tax plan spooked marketsA woman walks past an estate agent in London, Thursday, Nov. 3, 2022. Homeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts
Mortgage Solutions
TSB and Halifax increase rates – round-up - Mortgage SolutionsTSB has upped rates across select mortgages within its residential, buy-to-let, product transfer and additional borrowing ranges.
مجلة أرابيسك لندن
معدلات الرهن العقاري تسجل أعلى مستوى لها في بريطانياتعرض مالكو المنازل والمستأجرون في المملكة المتحدة، يوم أمس لصدمة بعدما وصلت أسعار الرهن العقاري إلى مستويات غير مسبوقة منذ إعلان الحكومة في الخريف الماضي عن فرض ضرائب جديدة، مما أثار قلق المستثمرين. وفي...
星島頭條網
英按揭利率升至卓慧思減稅方案撼動市場以來最高位英國周二再傳出令到有樓宇按揭借款的業主不快的消息,因當地按揭利率升至自去年秋天時任卓慧思政府宣布大幅減稅引起市場恐慌以來最高水平。 隨着英倫銀行(央行)為應對高通脹而將利率提高至5%的15年來最高位,英國的商業銀行自然會增加消費者和企業的借貸成本。供樓人士的按揭還款負擔也隨之增加。根據金融資訊公司Moneyfacts的數據,英國五年期固定利率按揭貸款平均利率周二從前一天的5.97厘,升至6.01厘
Mortgage Solutions
TSB and Halifax increase rates – round-up - Mortgage SolutionsTSB has upped rates across select mortgages within its residential, buy-to-let, product transfer and additional borrowing ranges.
Evening Standard
‘Absolute carnage’ as High Street lenders lift mortgage rates once againHalifax told brokers last night that its rates for remortgages were going up as much as 0.54%
Yahoo Sport
‘Absolute carnage’ as High Street lenders including Halifax and Santander lift mortgage rates once againHalifax told brokers last night that its rates for remortgages were going up as much as 0.54%
Evening Standard
‘Absolute carnage’ as High Street lenders lift mortgage rates once againHalifax told brokers last night that its rates for remortgages were going up as much as 0.54%
星島日報
英按揭利率升至卓慧思減稅方案撼動市場以來最高位英國周二再傳出令到有樓宇按揭借款的業主不快的消息,因當地按揭利率升至自去年秋天時任卓慧思政府宣布大幅減稅引起市場恐慌以來最高水平。 隨着英倫銀行(央行)為應對高通脹而將利率提高至5%的15年來最高位,英國的商業銀行自然會增加消費者和企業的借貸成本。供樓人士的按揭還款負擔也隨之增加。根據金融資訊公司Moneyfacts的數據,英國五年期固定利率按揭貸款平均利率周二從前一天的5.97厘,升至6.01厘…
Barchart.com
UK mortgage rates spike to highest level since Truss tax plan spooked marketsHomeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors
Hindustan News Hub
Trending news: UK Mortgage Rates Spike To Highest Level Since Truss Tax Plan Spooked Markets - Hindustan News HubUK Mortgage Rates Spike To Highest Level Since Truss Tax Plan Spooked Markets Hindustan News Hub
Theworldnews
Fears mortgage rates could hit 7 per cent as experts say rises are ‘out of control’Sign up for the View from Westminster email for expert analysis straight to your inboxGet our free View from Westminster emailHomeowners have been warned that B
LatestLY
UK Mortgage Rates Spike to Highest Level Since Truss Tax Plan Spooked Markets | LatestLYHomeowners and renters in the UK faced further grim news Tuesday as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors. UK Mortgage Rates...
Polish News
UK mortgage charges spike to highest stage since Truss tax plan spooked marketsOwners and renters within the U.Ok. are going through additional grim information as mortgage charges hit ranges not seen since unfunded tax cuts introduced by the federal government final fall spooked...
This Is Money
Five-year fixed rate mortgages rise above 6% amid meagre savings ratesThe average rate on five-year mortgage deals, at 6.01 per cent, is now the highest since November, according to figures from website Moneyfacts. For two-year deals it reached 6.47 per cent.
Mortgage Professional
Average five-year fixed rate surpasses 6% - MoneyfactsLenders and brokers react
The Sun
Urgent warning for homeowners as mortgage rates soar over 6% for five-year fixHOMEOWNERS face more mortgage misery as interest rates soared over 6% for the first time this year. The average interest rate on a five-year fixed rate mortgage ticked up from 5.97% to 6.01% overni…
FTAdviser
Average 5-year fix hits 6% for first time since ‘mini’ BudgetThe average interest rate paid on a five-year fixed rate mortgage has risen above 6 per cent today as brokers warn that rates still have not hit their peak.
Property Industry Eye
More mortgage ‘misery’ as rising rates likened to ‘rolling financial thunder’ - Property Industry EyeMore mortgage ‘misery’ as rising rates likened to ‘rolling financial thunder’ - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum...
Financial Reporter
Average five-year fix surpasses 6% - brokers reactBrokers noted that rates are still available below 6% but predict rates to rise further.
The Independent
UK mortgage rates spike to highest level since Truss tax plan spooked marketsHomeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors
ABC News
UK mortgage rates spike to highest level since Truss tax plan spooked marketsHomeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors
Techregister
Average five-year mortgage rate hits 6% but savings lag behind; food inflation ‘starting to fall’ – business live | Business...Five-year fixed mortgage rate hits 6% UK borrowers continue to be hit by higher mortgage rates as the cost of living squeeze continues. The average five-year fixed residential mortgage rate has hit 6.01%...
Mortgage Professional
Average five-year fixed rate surpasses 6% - MoneyfactsLenders and brokers react
IFA Magazine
Bank of England: record withdrawals from banks and building societies - “consumer confidence being hit for six” - reactionFollowing 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
London Property News | londonlovesproperty.com
Bank of England has slowly tortured homeowners’ that feels ‘like a double punch with a right hook’ - London Property News...Mike Staton, director at Staton Mortgages said, “The Bank of England has slowly tortured homeowners in the UK for the past 16 months…
Business News
Interest Rates: How to Avoid the Mortgage Timebomb - Business NewsMortgage borrowers whose fixed-rate deals are now coming to an end are facing a staggering increase in repayments. Photo: Getty
Evening Standard
FTSE 100 Live: ‘Central banks could end up overtightening’; five-year mortgages at 6%The FTSE 100 started flat today, as housebuilders declined while the travel sector performed well.
IFA Magazine
Nationwide June House Price Index: “Ongoing lack of supply may explain the relative stability of prices in June” - reactionFollowing the Nationwide June HPI published this morning, mortgage advisers and brokers have commented. Peter Dockar, chief commercial officer at fintech
North Wales Live
House prices in Wales down as mortgage crunch hitsWelsh house prices have reduced although by less than the UK average
IFA Magazine
Bank of England: record withdrawals from banks and building societies - “consumer confidence being hit for six” - reactionFollowing 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
The Intermediary - Latest UK mortgage news
Average 5-year fixed rate rises to 6.01%This news comes following weeks of volatility in the mortgage market due to rising interest rates and high levels of inflation.
The Intermediary - Latest UK mortgage news
Average 5-year fixed rate rises to 6.01%This news comes following weeks of volatility in the mortgage market due to rising interest rates and high levels of inflation.
The Independent
Mortgage ‘misery’ as average five-year deal soars above 6%Rishi Sunak under pressure to offer more support to homeowners facing ‘rolling financial thunder’
The Telegraph
Britain the only G7 country with rising inflation, says OECD - latest updatesThe UK was the only country in the G7 where prices were still rising in May, according to the OECD.
IFA Magazine
Average 5-year fixed rate breaches 6% - “we could realistically see some fixed rates reach 7%”According to the latest update from Moneyfacts, the average five-year fixed mortgage rate has risen to 6.01%, and Mortgage experts have been sharing their anal
The Guardian
Five-year mortgage rate hits 6% as savings lag behind; UK ‘only G7 member with rising inflation’ – as it happenedMortgage rates hit highest since last autumn, adding to squeeze on borrowers
London Property News | londonlovesproperty.com
Mortgage rates climb and ‘realistically’ we could ‘see some fixed rates reach 7%’ before summer is over - London Property...On Tuesday the average two year fixed mortgage deal is now 6.47% which is up from 6.42% on Monday amid the continued market volatility.
The Sun
Urgent warning for homeowners as mortgage rates soar over 6% for five-year fixHOMEOWNERS face more mortgage misery as interest rates soared over 6% for the first time this year. The average interest rate on a five-year fixed rate mortgage ticked up from 5.97% to 6.01% overni…
Financial Reporter
Average five-year fix surpasses 6% - brokers reactBrokers noted that rates are still available below 6% but predict rates to rise further.
The Guardian
Average five-year mortgage rate hits 6% but savings lag behind; food inflation ‘starting to fall’ – business liveMortgage rates hit highest since last autumn, adding to squeeze on borrowers
The Telegraph
Five-year mortgage rates pass 6pc for first time this year - latest updatesThe average rate for a five-year fixed mortgage has surpassed 6pc for the first time this year as Britain's property crisis deepens.
North Wales Live
House prices in Wales down as mortgage crunch hitsWelsh house prices have reduced although by less than the UK average
Evening Standard
FTSE 100 Live: ‘Stories of house price crash way off the mark’; shares higherA robust session means the FTSE 100 index is on course to post a slender gain across the first half of the year.
The Telegraph
Bailey warns wage rises are ‘unsustainable’ as interest rates hit 5pcAndrew Bailey has said pay cannot keep rising at its current pace if people want inflation and borrowing costs to fall after the Bank of England pushed interest rates to 5pc.
IFA Magazine
“My heart sank” reaction from financial services, mortgage experts and small business owners to today’s 0.5% rate hikeFollowing the Bank of England rate decision published today, Newspage has sought the reaction of mortgage brokers, money experts, estate agents and small b
The Guardian
The looming interest rate rise: how it will affect youOn 2 November, the Bank of England is expected to increase the base rate after a decade. We explore what impact it will have on homeowners and savers
BBC
The exes forced to live together after breaking upAfter splitting up, some couples make a clean break. But others are in unavoidable situations in which they’re forced to cohabit with their ex-partner – and this may get worse.
Property Reporter
Going underground: Britain’s residential bunkersAccording to recent research, there are an astonishing 408 residential properties in Britain with their very own hidden bunker. Of these, 11 (3%) are currently in homes that are for sale, good news for...
Financial Reporter
Is there a glimmer of light in the mortgage market? - brokers reactBrokers are split on the future for mortgage rates.
Ideal Home
Should I overpay my mortgage? Finance experts explain what to considerWondering if you should overpay your mortgage? We explain what you need to think about before making your decision
The Times
Homebuyers find lending in doubt after sales restartThousands of homebuyers could have their mortgage offer withdrawn or reviewed after sales stalled when the property market went into lockdown. As of yesterday removal companies and conveyancers were allowed...
London Business News | Londonlovesbusiness.com
How to get a commercial remortgage - London Business News | Londonlovesbusiness.comIf you have a commercial mortgage then it’s highly likely that, at some point, you will need to arrange a remortgage on your commercial property. The main driver for commercial…
The Telegraph
‘I had to get a mortgage with my mum’: first-time buyers frozen out by banks take out unusual loansMortgages for wannabe buyers with small deposits have vanished since the start of the pandemic
Financial Times
Subscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldʼs leading global business publication
Financial Times
Subscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldʼs leading global business publication
Financial Times
How the super-rich buy their homesStep inside a world of private banks, billionaires’ trade fairs, zero deposit mortgages and multiple loans that extend to hundreds of millions
Mortgage Strategy
Lender ratings survey: Communication is key for winners – Mortgage StrategyPanel members David Hollingworth, associate director of communications, London & Country Sarah Tucker, managing director, The Mortgage Mum Matt Tilbury, senior mortgage and protection adviser, Just Mortgages...
Mortgage Strategy
Lender ratings: The best in buy-to-let – Mortgage StrategyPanel members Jeni Browne, sales director, Mortgages for Business Steve Walker, buy-to-let and residential specialist at The Buy To Let Broker Greg Cunnington, director of lender relationships and new...
Mortgage Solutions
‘It’s better to work 80 per cent of the week with 100 per cent efficiency’ – Marketwatch - Mortgage SolutionsThe mortgage and housing market would have tested the stress management skills of many over the past two years, after experiencing numerous record breaking and exceptionally busy periods.
Landlord Today
Energy Efficiency - Funding Options for Retro-fitting PropertiesIn the drive for the UK to be net zero by 2050, residential landlords are facing costly green refurbishments.
Financial Times
Subscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldʼs leading global business publication
The Intermediary - Latest UK mortgage news
Largemortgageloans.com CEO Paul Welch joins Bank of England’s Decision Maker PanelPaul Welch, CEO and founder of specialist broker, largemortgageloans.com (LML), has been invited to join the Bank of England’s Decision Maker Panel (DMP).
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LML CEO Paul Welch joins BoE Decision Maker PanelThe CEO and founder of largemortageloans.com (LML), Paul Welch, has been invited to join the Bank of England’s Decision Maker Panel (DMP).
BestAdvice
Paul Welch joins BoE Decision Maker PanelPaul Welch, CEO and founder of specialist broker, largemortgageloans.com (LML), has been invited to join the Bank of England’s Decision
Mortgage Solutions
Largemortgageloans.com CEO Paul Welch joins BoE’s decision maker panel - Mortgage SolutionsCEO and founder of mortgage broker firm Largemortgageloans.com Paul Welch has been invited to join the Bank of England’s Decision Maker Panel
Mortgage Professional
Broker firm founder joins Bank of England’s decision maker panelHe will be participating in regular surveys and share ideas as part of the panel
Financial Times
Subscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldʼs leading global business publication
The Telegraph
Divorcing couples can’t afford to move out of marital homesNumber of estranged couples who cannot live apart has increased, lawyers warned
The Intermediary - Latest UK mortgage news
Energy bill costs leaves prime property owners at risk – largemortgageloans.comAccording to largemortgageloans.com (LML), prime property owners need to act now if they want to manage the drastic hike in their energy bills expected in two years’ time.
BestAdvice
Prime property owners facing “eye watering” energy price risesLargemortgageloans.com (LML) has warned that prime property owners need to act now if they want to manage the drastic hike
Property Reporter
Prime property owners warned to retrofit now to protect against energy price hikesWhen the government’s energy price guarantee comes into effect on the 1st of October 2022, a typical household will expect to pay around £2,500 per year in energy bills. However, many homes, particularly...
Financial Times
Wealthy buyers turn cautious on luxury home loansRising interest rates and economic turmoil have led to a climate of uncertainty, even for the super-rich
Newsweek
What rising mortgage rates mean for Americans buying property abroadMore and more Americans are looking to foreign lands due to rising mortgage rates, with London and Tel Aviv topping the list for expats.
Mortgage Solutions
Adviser reveals borrowers’ most urgent questions and fears - Mortgage SolutionsBorrowers questioning whether they will be able to afford their mortgage repayments next year is key concern, according to Largemortgageloans.com.
New Statesman
Higher interest rates mean the end of the party for propertyAs owners are forced to pay double or triple the interest on their mortgage, many will sell up.
London Daily News
The Priciest Postcodes in the UK | London Daily NewsFancy owning a multi-million £ penthouse apartment? Or perhaps a country pile is more your style? If you’re more ‘keeping up with the Beckhams’ than the Joneses, then you may be interested in knowing that...
The Times
Is Scotland heading for a housing market crash?In Scotland, it isn’t just the rain that’s freezing this winter. Rents have been frozen until spring next year and property prices are dropping as rapidly as th
The National
London lures Gulf shoppers and investors back to BritainTourists from GCC countries tend to visit more regularly, stay longer and spend more – and they’re back
FTAdviser
Could lenders follow landlords in a buy-to-let exodus?Tax changes and proposed energy efficiency requirements have already put a question mark over the viability of buy-to-let, but higher mortgage rates have added an extra challenge for landlords.
Mortgage Solutions
All the winners of The British Specialist Lending Awards 2023 - Mortgage SolutionsThe winners of the British Specialist Lending Awards were unveiled yesterday evening at a glittering ceremony at Hilton Bankside.
Find A Wealth Manager
Guiding loved ones onto the property ladder: financial and tax implications for HNWIs - Find A Wealth ManagerSharing ownership can help the younger generations get onto the property ladder, however there are important tax considerations to note.
Daily Mail
Mortgage rates fall as experts predict period of calmMortgage holders in Britain are facing ever-higher repayment costs amid concerns the Bank of England will raise interest rates again on June 22 to help keep inflation under control.
Financial Reporter
Is there a glimmer of light in the mortgage market? - brokers reactBrokers are split on the future for mortgage rates.
The Intermediary
Number of residential products rises above 5,000The number of residential mortgage products available in the UK market has risen above 5,000, according to recent research from Moneyfacts.
Daily Mail
Mortgage rates fall as experts predict period of calmThe average five-year fixed mortgage deal in Britain fell to 5.54 per cent today from 5.55 per cent yesterday - while the average two-year was at 5.9 per cent today, unchanged from yesterday.