Michael Webb's Media Coverage
IFA Magazine
It’s “raining product transfers” say brokers, due to affordability and lenders pricing in line with new business rangesBrokers around the UK have noted the growing popularity of product transfers, with one saying it’s “positively raining” them. The reasons are affordab
FTAdviser
Nationwide latest lender to hike mortgage ratesNationwide is the latest high street lender to hike its mortgage interest rates.
IFA Magazine
Nationwide announces new rate increases from March 3After 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 Solutions
Rate switch cancellation will become more ‘common’ increasing broker and lender workloadsRate switch cancellations will become more and more common over the coming weeks as mortgage rate pricing continues to decline, which could lead to an increase in lender workload, brokers have said.
Mortgage Solutions
Negative equity dangers must be emphasised to low deposit borrowers ‒ analysis - Mortgage SolutionsIt is vital for brokers to highlight the risks of dropping into negative equity to low deposit borrowers, who are increasingly opting for two-year fixed rates, intermediaries have argued.
Mortgage Solutions
Mortgage pricing: where are we now and what can we expect?Average rates for two and five-year fixed rates remain above five per cent, but brokers expect that the range of mortgage pricing could come down to three to four per cent this year.
MoneyWeek
Buying vs renting: as mortgage rates rise, which is cheaper?In the UK, buying a home has traditionally been the preferred option over renting. But is that still true? Rebecca Goodman asks: which makes more sense financially - buying or renting?
IFA Magazine
11.1% inflation figure makes ‘grim but unsurprising reading’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 fear limited PT options could be ‘massive issue’ for select landlord clients – analysis - Mortgage SolutionsBrokers have expressed concerns for landlord clients coming to the end of their buy-to-let deals as some lenders do not offer product transfer options.
Financial Reporter
Will repossessions rise in 2023? - brokers reactWith 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
Will there be a rise in the number of forced sales and repossessions?Brokers on how extreme market conditions may be next year
IFA Magazine
Nationwide September HPI - “In the property market, it is officially now business as unusual” - reactionFollowing the Nationwide September House Price Index published this morning, mortgage and property experts have commented. Andrew Montlake, managing director o
inews.co.uk
Home buyers are renegotiating asking prices down by 5 to 10% as mortgage payments riseSome buyers are telling sellers they are not able to pay as much in light of interest rates going up
Freelance Informer
“Things are about to get spicy”: is now the right time to secure a self-employed mortgage?If UK high street banks are pulling new mortgage products, is now the right time to look for a self-employed mortgage?
Express.co.uk
Mortgage warning as chart shows sheer number of people facing huge hikMarkets 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
Brokers react to prospect of an emergency rate rise this weekThe odds of the MPC hiking rates again in an emergency meeting this week have shortened after Sterling’s all-time low against the Dollar.