Ben Tadd's Media Coverage
This Is Money
Barclays announces mortgage rate cuts: New best buys droppingBarclays has upped the ante in the mortgage price war that is currently playing out between banks and building societies.
inews.co.uk
What expected inflation fall means for mortgage ratesInflation is set to fall when the latest figures are released on Wednesday - in good news for mortgage holders
The Sun
Major lender slashes rates ahead of Bank of England interest rate decisionA MAJOR lender has slashed its mortgage rates after inflation slowed more than expected and ahead of a key Bank of England meeting. NatWest has announced it will cut mortgage deals by up to 0.24% f…
The Intermediary
NatWest makes “encouraging” changes to new business mortgage productsThe changes will come into effect from tomorrow (21st March 2024).
FTAdviser
Santander updates affordability calculator following NI reductionSantander’s update to its affordability calculator shows it is “willing to fight for business beyond simply interest rates”, according to Barnsdale Financial Management principal adviser,...
The Telegraph
HSBC first big bank to offer sub-4pc mortgages as rate war heats upMore lenders expected to follow suit as anxious homeowners reach end of fixed deals
FTAdviser
Clock is ticking on sub-4% mortgages after fall in Swap ratesIt is a matter of time before individuals see the emergence of a sub-4 per cent mortgage rate following a fall in Swap rates, according to brokers.
The Intermediary - Latest UK mortgage news
“Great news for homeowners” as HSBC and TSB make further rate cutsBrokers welcomed the news and said it should boost the property market as the year draws to a close.
FTAdviser
Mortgage rates could drop below 4% by year endMortgage rates could “drop below 4 per cent by the end of the year”, Magni Finance director, Ashley Thomas, has argued following recent rate reductions.
inews.co.uk
‘All out rate war’ predicted for mortgages after inflation falls and HSBC and Halifax cut ratesInflation has fallen to the lowest level in two years - and brokers are expecting mortgage rate cuts as a result
inews.co.uk
Mortgage rates could drop below 4.5% within two weeks after Nationwide starts ‘mini price war’Brokers expect that more mortgage lenders will follow Nationwide’s lead in the coming days
The Intermediary
Lower wage growth and inflation this week will be “Holy Grail” for mortgage and property marketAhead 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...
Financial Reporter
Should protection be mandatory for mortgage holders? - brokers reactSome brokers warned that borrowers with health issue could be prevented from getting on the property ladder.
Birmingham Live
Santander issues warning to anybody with an account and says ‘from tomorrow’The high street bank has confirmed cuts from 0.04% to 0.11% and the launch of a new remortgage product up to 60% LTV from Thursday September 7.
Mortgage Solutions
Natwest lowers buy-to-let stress rates; Barclays cuts pricingNatwest has reduced the stress rate to test affordability on its buy-to-let mortgages.
The Intermediary
Product transfers hit record high in Q2 - UK FinanceQ2 2023 saw 84% of remortgaging deals being internal product transfers.
The Intermediary
Santander makes a further round of mortgage rate reductionsSantander has announced a further round of rate reductions of up to 0.20%, which will go live from Tuesday 22nd August.
Mortgage Solutions
Lenders ‘fighting for market position’ as Barclays cuts mortgage rates - Mortgage SolutionsBarclays has announced it will be reducing rates across its mortgages for new and existing borrowers.
inews.co.uk
Mortgage ‘mini price war’ heats up as Barclays becomes final major lender to drop ratesBarclays has joined all the other major lenders in dropping its mortgage rates
Financial Reporter
Virgin reduces mortgage rates and launches new 7 day specialsClydesdale Bank has also announced reductions across its range.
This Is Money
HSBC and TSB announce latest wave of fixed-rate mortgage cutsThe high street banks have announced a fresh round of mortgage rate cuts, as lenders continue to respond positively to forecasts of falling inflation.
The Times
Why a long-term mortgage will cost you moreHomeowners are taking out 35-year loans to cut their monthly repayments — but it will cost them in the long run, writes Rachel Mortimer
The Telegraph
Mortgage rates fall across the boardMajor lenders announce cuts as markets price in lower interest rate predictions
Mortgage Solutions
Nationwide lowers switcher mortgage ratesNationwide is the latest high street lender to reduce mortgage rates with cuts across its switcher range for existing borrowers.
Evening Standard
Homeowners hope mortgage rates have peaked as Nationwide cuts pricesNationwide joins HSBC and Barclays among top lenders in lowering its rates
FTAdviser
HSBC becomes first high street lender to reduce ratesHSBC 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 Times
Forced sales fear as mortgage rates riseRising mortgage rates risk unleashing a wave of forced sales as homeowners are unable to afford their repayments, analysts have warned.Chris Hare, a senior economist at HSBC Global Research, said he was...
MSN
Should you use a bridging loan to speed up buying a house? They make you a cash buyer but charge eye-watering interest......With the housing market still a competitive place, some buyers are using bridging loans to avoid getting stuck in chains and secure their dream home.
Daily Mail
Homebuyers use eye-wateringly expensive bridging loans to avoid chainsWith the housing market still a competitive place, some buyers are using bridging loans to avoid getting stuck in chains and secure their dream home.
This Is Money
Homebuyers use eye-wateringly expensive bridging loans to avoid chainsWith the housing market still a competitive place, some buyers are using bridging loans to avoid getting stuck in chains and secure their dream home.
Financial Reporter
“Conveyancing is completely broken” - brokers give their views on the market | Financial ReporterFollowing reports of record times in property conveyancing, Newspage asked 12 property and mortgage industry experts for their views on the current conveyancing system. Though some supported conveyancers,...
Your Money
First-time buyers warned ‘not to bother’ with Help to Buy applications after August - Your MoneyFirst-time buyers are rushing to take advantage of the government’s Help to Buy Equity Loan scheme ahead of its closure on 31 October, with mortgage brokers warning applications should be submitted “urgently”.
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
This Is Money
Bank of England scraps mortgage affordability test for borrowersThe test, introduced post-financial crisis, required borrowers to prove they could still afford their mortgage if interest went 3% above the standard variable rate.
Daily Mail
Bank of England scraps mortgage affordability test for borrowersThe test, introduced post-financial crisis, required borrowers to prove they could still afford their mortgage if interest went 3% above the standard variable rate.
Property Industry Eye
Industry leaders slam ‘shambolic’, ‘farcical’ and ‘archaic’ conveyancing system - Property Industry EyeBreaking property news for the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our property newsletter.
The Telegraph
Property market ‘defies logic’ as house prices rise 13pcHalifax reports the highest annual growth since 2004, despite the cost of living crisis
Metro.co.uk
Bad news for buyers as mortgage lenders up their ratesMortgage rates are on the rise - and fast.
Metro.co.uk
Bad news for buyers as mortgage lenders up their ratesMortgage rates are on the rise - and fast.
Mortgage Professional
Halifax reveals latest on UK house pricesHousing market continues to show resilience, but for how long?
The Telegraph
Property market ‘defies logic’ as house prices rise 13pcHalifax reports the highest annual growth since 2004, despite the cost-of-living crisis
Express.co.uk
PM’s shock new plan: Buy YOUR dream home and pass your mortgage onto your childrenREVOLUTIONARY plans allowing 50-year ‘family mortgages’ to be shared by generations have Boris Johnson’s backing.
IFA Magazine
“Conveyancing is completely broken” - property and mortgage experts give their views on conveyancing marketFollowing reports of record times in property conveyancing, we asked 12 property and mortgage industry experts for their views on the current conveyancing syste