Hannah Bashford's Media Coverage

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Birmingham Live

Nationwide introduces new ‘minimum income’ rule with customers warned

Homeowners who are looking for a new mortgage deal may benefit from enhanced affordability when applying to remortgage to Nationwide, the lender has confirmed.

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FTAdviser

Nationwide enhances affordability criteria for remortgages

has enhanced its affordability criteria for

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FTAdviser

Protection advisers say loaded premiums could be next mis-selling ‘scandal’

advisers have criticised the use of loaded premiums and said it could become a “future mis-selling scandal” and destroy trust in the industry.

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News and Star

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

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Chelmsford Weekly News

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

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Southend Echo (sorry, Riz)

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

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The National

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

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Redditch Advertiser

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

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Express.co.uk

Halifax launches “bold” home loan change

Industry experts say the move could help jolt the housing market back to life after a slowdown in mortgage approvals

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Express.co.uk

Mortgage borrowers urged to act now as cheap 3.89% rate disappears

The decision by one lender to raise rates, after reducing them earlier in the week, has prompted experts to warn mortgage borrowers to review their finances.

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London Property News

‘Go go go!’ Coventry goes sub 4% on 2-year fixed rates

Amid all the ongoing market turmoil, Coventry Building Society has today gone sub-4% on a 2-year fixed rate (at 65% LTV with a £999 fee). The lender is reducing all…

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What Mortgage

Will new ‘help to buy’ mortgage work for first-time buyers? - What Mortgage

A mortgage scheme for first-time buyers with a small deposit and no family support has been launched by Gen H.

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What Mortgage

Mortgage price cuts continue: Will rates fall further in 2025? - What Mortgage

Lenders have continued to cut mortgage rates this week with TSB and Coventry Building Society amongst those announcing price cuts.

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Express.co.uk

Mortgage chaos after Reeves’ snap Stamp Duty change

Rachel Reeves’ Budget - specifically her Stamp Duty announcement - has serious implications for the property market, insiders have warned.

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Sky News

Money blog: Buyers pull out of house deals ‘in minutes’ after stamp duty change

Welcome to Money, where we bring you the latest personal finance and consumer news - and the fallout from the budget. Listen to Politics at Jack and Sam’s for a budget debrief as you scroll.

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Express.co.uk

NatWest announces ’highly aggressive” mortgage cuts

Economists at Goldman Sachs have suggested the Bank of England base rate could come down from the current figure of 5 percent

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Express.co.uk

Mortgage interest rates warning as Bank of England may be forced into change

Coventry Building Society have made a move that has worried experts, as so-called swap rates have been edging up in recent days.

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Sky News

Interest rates are coming down - so why are there fears mortgage rates may be about to rise?

Markets expect a series of interest rate cuts over the winter - yet those hoping mortgage deals are on a straight path down may be disappointed.

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Express.co.uk

Barclays slashes mortgage rates although reductions come with a catch

The move by Barclays follows a reduction earlier in the day from the TSB while other lenders are expected to follow suit over the next few days.

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Express.co.uk

New twist in mortgage price war as TSB makes “aggressive” cuts on new rates

Mortgage brokers described the rate cuts across a series of products as “aggressive” and predicted that other major lenders will follow suit

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Money Marketing

Regulator plans to probe pure protection market | Money Marketing

The Financial Conduct Authority has laid out plans to launch a market study into how pure protection insurance products are sold, following concerns that competition is not working well in the market....

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What Mortgage

Mortgage rates going down: Round-up of this week’s price cuts - What Mortgage

Mortgage price cuts have continued this week with TSB, HSBC and Barclays making further reductions to their rates.

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Express.co.uk

Banking change means homeowners can save around £300 a year

The cuts follow reductions by other lenders last week in what is boiling up to be a full-on price battle to win new customers.

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Mortgage Strategy

Barclays trims selected rates by 15bps – Mortgage Strategy

Barclays is cutting rates by 15 basis points tomorrow on its reward range for existing customers. It comes as TSB has revealed cuts of up to 25bps and HSBC has also revealed it will be lowering rates tomorrow....

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Express.co.uk

NatWest and Virgin mortgage changes rolled out before base rate drop

The base rate cut today was already pre-empted by banks like NatWest and Virgin Money long before the announcement, they say.

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Birmingham Live

NatWest and Virgin Money make change to accounts as customers say ‘it’s welcome’

Virgin is also launching a number of exclusive deals for those looking to remortgage.

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Property Investor Today

Why are interest rates falling now - and so quickly?

Why are interest rates falling now - and so quickly?

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Proactive Investors

ore mortgage rate cuts, today from Barclays and TSB, adding to a growing flow from the sector in recent weeks.

Barclays announced cuts of up to 0.1 percentage points to a range of its residential purchase and remortgage deals, effective from tomorrow, with some product transfer deals for existing customers too.

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Sky News

Money blog: ‘Major boost’ for borrowers as two banks cut mortgage rates

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.

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Birmingham Live

Barclays and TSB issue message to mortgage holders and ‘others will follow suit’

Newspage asked brokers for their thoughts on this continued price shift in the market, and whether it signals lenders believe a base rate cut is looming on the financial horizon, potentially next week.

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The Guardian

UK house purchases delayed by problems with Chaps payments system

Bank of England said issue delayed some payments on Thursday but that service had been restored by 4.30pm

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Sky News

Money blog: Santander swearing ban receives mixed reaction

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

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FTAdviser

‘History set to repeat itself’ as mortgage approvals rise in wake of election

History "looks set to repeat itself" as mortgage approvals appear to be rising following the general election in line with historic trends, Brooklyns Financial director, Harps Garcha, has said.

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Express.co.uk

Property market experts issue stark warning to Labour over housing plan

Chancellor Rachel Reeves gave an update on Monday about her fiscal plans for the UK.

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GB News

Mortgage price war ‘ramps up’ as Santander and Halifax cut interest rates

The UK’s mortgage price war is heating up as two of the country’s biggest lenders slash interest rates even further.

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Birmingham Live

Santander announces ‘small but important’ new rules for customers

The high street bank has confirmed new rates which brokers say will kick off a war among high street banks.

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Express.co.uk

Santander sparks mortgage price war hopes as lender slashes interest rates

Industry experts say this latest move has the potential to ramp up a rates battle between Britain’s biggest lenders.

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Express.co.uk

Interest rates cut pressure piles on Bank of England as repossessions jump 28%

Mortgage possession actions against home buyers in the first three months of this year were the highest since 2019 with a total of 5,182.

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The Intermediary

Brokers share most bizarre reasons why borrowers refuse life cover - The Intermediary - Latest UK mortgage news

“The Government will pay the mortgage” & “smoking is not bad for you”, are among the strangest reasons why borrowers have refused life cover.

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Express.co.uk

Barclays slashes mortgage rates on fixed deals ahead of Bank of England decision

The move will bring a number of Barclays’ mortgage deals below five percent.

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Bridging & commercial

House prices see 1.6% rise in March compared to last year say Nationwide

House prices increased by 1.6% in March, compared to last year, despite a small decline of 0.2% from February of this year according to the Nationwide HPI.

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Yahoo Finance

UK house prices fall for first time in three months

Average price of a home down 0.2% from February to March, at £261,142, says Nationwide.

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The Telegraph

House prices dip as mortgage approvals remain below pre-pandemic levels - latest updates

House prices suffered a decline as mortgage approvals remain below pre-pandemic levels, according to a closely watched survey.

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GB News

Skipton Building Society to increase mortgage rates in 'baffling' move

Skipton Building Society has announced increases across selected mortgage rates from next week, despite growing speculation interest rates will be cut within months.

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Sky News

Money blog: Lender to increase some mortgage deals in ‘baffling’ move

Skipton Building Society has announced it will be increasing some of its mortgage rates from next week - with the move facing some criticism. It comes after the Bank of England opted to keep interest rates...

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Sky News

Average rents hit another record high while house price falls ease off

There remains little sign the surge in private rent bills will level off, as a number of factors put upwards pressure on landlords and tenants alike.

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Coast FM

Average rents hit another record high while house price falls ease off

Average private rents rose at their fastest annual pace last month since comparable records began in 2015, according to official UK figures.

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inews.co.uk

Sunak hints at autumn election as he clashes with Starmer over poll date at PMQs

Sir Ed Davey said he wished he was launching the party’s general election campaign rather than just the one for May’s local contests but it “looks like the Prime Minister has bottled it”

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B2L Insider

‘The rental market is broken’: Average UK private rents rise by 9%, as landlords pass on higher costs onto tenants

Average UK private rents have increased by 9% in the 12 months to February 2024, confirmed the ONS latest price index of private rents published today (20th March).

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The Intermediary

Has underwriting become overwriting?

A number of brokers have expressed frustration on Newspage recently about the state of mortgage underwriting, specifically around lenders suddenly asking for huge amounts of evidence for even the most...

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The Intermediary

Total number of individual and company insolvencies rise in February, data reveals

The number of registered company insolvencies in February 2024 was 2,102, 17% higher than in the same month in the previous year.

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The Intermediary

Coventry for Intermediaries “leads the march” with mortgage rate reductions

In its residential range, the lender will be withdrawing all of its fixed rates at 80% loan-to-value (LTV) for new borrowers.

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The Intermediary

Annual pay growth slows to 6.1% in January – ONS

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.

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Property Investor Today

Warning as Buy To Let investors’ arrears double in a year

Warning as Buy To Let investors’ arrears double in a year

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This Is Money

Homeowners in mortgage arrears up 25% in a year as rate increases bite

The number of homeowners and buy-to-let landlords in mortgage arrears has jumped in the past year - though the amount of homes being repossessed remains low, according to UK Finance.

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inews.co.uk

How much a 99% mortgage could cost as experts warn they may push up house prices

Mortgage brokers have also said the loans would likely attract high interest rates

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What Mortgage

Inflation increased to 4%: Here’s what it means for your mortgage

Any hopes of an interest rate cut in February have been crushed after inflation increased to 4%.

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FTAdviser

Mortgage default rates increased in run-up to Christmas

Mortgage defaults jumped in the run-up to Christmas and are expected to get worse going into 2024, according to data from the Bank of England.

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The Intermediary

Product transfers soaring as remortgages hit 24-year low - but brokers warn of dangers

Brokers said the reason for the low volume of remortgages is the sharp rise in product transfers, as many people have no choice but to stay with their existing lender, lenders placing more emphasis on...

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FTAdviser

Brokers slam comparison website for incorrect mortgage content

Brokers have raised concerns after incorrect content around interest-only mortgages was published on comparison website, Compare The Market.

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Financial Reporter

Comparison website advises consumers not to overpay on interest-only mortgages

Brokers raised concerns around the incorrect content and highlighted the value of professional advice.

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Your Money

Borrower blues: Average two-year fixed-rate mortgage breaches 6% but brokers urge calm - 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.

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The Intermediary - Latest UK mortgage news

Brokers reveal rise in conveyancers refusing high-rise cases

A rising number of solicitors and conveyancers are refusing to work on high-rise property transactions due to new regulations on cladding, according to brokers.

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FTAdviser

Shortage of youth in mortgages and protection is ‘dangerous’

The low level of young people interested in a career in protection or mortgage advice is a danger to the industry, according to one adviser working to fix it.

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Mortgage Solutions

TSB amends BTL stress rate and ups mortgage pricing - Mortgage Solutions

TSB has reduced the stress rate on its buy-to-let mortgages.

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IFA Magazine

TSB gives brokers 25 minutes’ notice of rate changes – reaction

Brokers have not been impressed by receiving an email from TSB Intermediary today at 12:35pm, announcing rates would be increasing by as much as 0.20% at... 13:

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Mortgage Strategy

TSB Intermediary pulls resi loans, relaunches 24 hours later

TSB Intermediary is withdrawing selected residential and product transfer ranges at 1pm today (7 March), and will relaunch these products at a rate 20 basis points higher tomorrow (8 March). Brokers were...

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IFA Magazine

As Nationwide warns “deposit requirements remain prohibitively high” for FTBs, brokers reveal which lenders stand out

Following Robert Gardner of Nationwide outlining the challenges faced by first-time buyers this morning in the lender’s February HPI, Newspage asked brokers wh

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Financial Reporter

Newspaper headline stating ‘stick with your lender’ to get best mortgage deal faces broker backlash

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

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IFA Magazine

Stick with you lender - you will get a better mortgage deal’ Really?

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

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The Telegraph

Wait until this date to fix your mortgage

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

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FTAdviser

Lenders hike fees to ‘keep BTL profit machine churning’

Lenders have been steadily increasing the arrangement fees charged on buy to let mortgages in recent weeks with brokers suggesting it is in an attempt to maintain profit levels and allow landlords to borrow...

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IFA Magazine

Nationwide HPI: “January was a tale of two halves” – reaction from estate agents and brokers

Following the Nationwide January house price index published this morning, Newspage have shared the thoughts of estate agents, mortgage brokers and financial

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This Is Money

Will ‘stretchy mortgages’ help avert a surge in home repossessions?

Banks are being encouraged to offer more flexible repayment options to homeowners hit by rising mortgage rates.

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IFA Magazine

UK Finance Report warns of ‘softer mortgage market’ but does it go far enough? Brokers respond

This morning’s UK Finance report about mortgage forecasts has predicted a ’softer mortgage market in 2023, as affordability comes under pressure from inflation

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The Intermediary

To track or to fix? The Big Broker Debate

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?

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IFA Magazine

To track or to fix? The Big Broker Debate

Should people opt for the security of a more expensive fixed rate or a cheaper tracker / variable rate mortgage? Free PR platform, Newspage, has shared the view

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Mortgage Solutions

Brokers say lenders ‘should be more like Coventry Building Society’ ‒ analysis - Mortgage Solutions

More mortgage lenders should commit to minimum notice periods around product withdrawals, brokers have argued, following the lead of Coventry Building Society.

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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

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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.

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The Sunday Telegraph

Landlord profits will slump to just £7

Buy-to-let investors will need to massively increase rents, or inject thousands into properties to cut mortgage costs

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Western Morning News

Property Prices begin to fall- but up over year in SW

Property prices begin to fall – but up over year in SW Western Morning News8 Nov 2022WMN REPORTER wmnnewsdesk@reachplc.com Rob Browne > Rising mortgage rates could dampen growth in house prices HOUSE prices...

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Mobile Logo

BoE interest rate jumps to 3% — industry reacts

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted by a 7-2 majority to increase the bank rate by 0.75 percentage points to 3%.

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Ideal Home

House price negotiation – the dos and don’ts of haggling

It can seem daunting at first, but we’ve rounded up some useful house price negotiation tips to help get you get the best price for your new home

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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

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Mortgage Professional

Vast majority of brokers and agents expect house prices to fall

“A price drop of more than 20% would push an economy to the verge of collapse”

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Mortgage Professional

Vast majority of brokers and agents expect house prices to fall

“A price drop of more than 20% would push an economy to the verge of collapse”

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The Intermediary

Majority of brokers predict a house price fall of 10% or less - Poll

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

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IFA Magazine

BoE rate rise: Reaction from mortgage brokers and IFAs

Following today’s news that the Bank of England has hiked rates by 0.75%, the biggest single rise since 1989, mortgage experts have been sharing their thought

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