Austyn Johnson's Media Coverage
The Intermediary
Total number of individual and company insolvencies rise in February, data revealsThe number of registered company insolvencies in February 2024 was 2,102, 17% higher than in the same month in the previous year.
The Intermediary
Brokers report “huge increase in Klarna and PayPal schemes on credit reports” over 12 monthsNewspage asked brokers how lenders look at ‘Buy Now, Pay Later’ schemes and whether they can impact a person’s ability to get a mortgage.
Mortgage Solutions
Inflation rise ‘blip’ that won’t reverse rate drops but beware swap rises – analysis - Mortgage SolutionsInflation increased in December. However, industry experts don’t see this as a portent of doom. But if swap rates rise, that could change.
FTAdviser
Case study: How we tailor our service to our clients’ specific needsGood service for financial advice in the entertainment industry can be defined by various factors, such as customer satisfaction, quality of content, innovation, accessibility and social responsibility.
Mortgage Introducer
How is the mortgage market coping with rate cuts?Brokers discuss lenders offering more deals under 5%
Mortgage Professional
How I became a broker – Austyn Johnson’s storyHappier as a mortgage professional, he now considers himself “one of the lucky ones”
Mortgage Professional
Mortgage rates going down – but are lenders going far enough?Latest rate cuts “are nothing more than attempts to get free advertising”
Mortgage Professional
Does student accommodation lending have a future?Brokers have conflicting views on the sector’s outlook
Mortgage Professional
Are commercial conversions to residential homes still occurring?Brokers discuss commercial conversions to residential homes
The Intermediary
Brokers note lack of leads and activity in AugustAugust is normally a quiet month for lead generation and activity in the mortgage industry and this year has proved no different for most brokers.
Mortgage Professional
How can mortgage lending be stimulated?Mortgage lending has fallen to smallest level since 2020
FTAdviser
Long-term fixes and evolution of mortgage market ‘long overdue’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”.
The Intermediary
Are we heading for a property market crash? Experts give their viewsAfter the UK saw its first annual house price decline in 11 years experts give their take on what’s next for house prices.
IFA Magazine
Are we heading for a property market crash? Experts deliver their viewsFollowing the Halifax reporting earlier this week that house prices registered the first annual contraction in more than a decade in May, UK newswire, Newspage,
inews.co.uk
‘I’m remortgaging from 1% to a rate three times higher’: The people exiting rock-bottom dealsHomeowners have spoken of having to make cutbacks as their mortgage rates increase
Mortgage Strategy
Cover feature: Work in progress - WFH or back in the office?It is just over three years since the first Covid lockdown. As the country was told, ‘Stay at home,’ the mortgage market, along with many other sectors, was forced into new ways of working. Teams and Zoom...
IFA Magazine
Fintech versus high street lenders - brokers deliver their verdict and identify pros and consNewspage®, asked mortgage brokers and financial services tech experts how fintech lenders compare to traditional high street lenders. The views of brokers
Mortgage Solutions
Network data table: Stonebridge biggest gainer in battle for brokers ‒ analysisStonebridge saw the biggest growth in AR numbers among regular mortgage networks last year, new analysis has found.
IFA Magazine
Supplement or substitute - How do advisers view ChatGPT’s potential impact on financial services?AI technology is without doubt the future we are heading towards. However, what that future looks like is still unclear. How will AI be used? Will it repl
Mortgage Solutions
Separate council tax bands for HMO units will harm tenants, property professionals warnCreating separate council tax bands to individual units in houses in multiple occupation (HMO) in particular circumstances will affect poorer tenants and result in landlords being used as “cash cows”.
Mortgage Professional
Property stakeholders criticise local authorities’ re-banding of HMOs“Cash-starved councils are trying to make money off the back of the poorest in society”
The Intermediary
House prices drop for seventh consecutive month amid sluggish market activityHouse prices in the UK have recorded a seventh consecutive monthly decline, with prices down 3.1% year-on-year in March, Nationwide’s house price index for March has shown.
Property Reporter
Are private landlords going to better or worse off following the introduction of the Renters’ Reform Bill?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
Fiducia Wealth
Helping your children to buy property? No cash? No problem!Read how you can help your child to buy a property without having to part with your own cash
Mortgage Solutions
Lenders treating self-employed borrowers ‘like second-class citizens’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
Gen H introduces ‘market-first’ first-time buyer bundleBundle combines mortgage and legal services under one roof
Financial Reporter
Gen H launches first-time buyer ‘bundle’ combining mortgage and legal servicesThe first-time buyer bundle rates will be up to 0.35% lower than Gen H’s standard range.
IFA Magazine
TSB gives brokers 25 minutes’ notice of rate changes – reactionBrokers 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:
IFA Magazine
Halifax February House Price Index - reaction from lenders, estate agents and brokersFollowing the Halifax February House Price Index announcement, brokers, estate agents and property experts have shared their thoughts with IFA Magazine via Ne
IFA Magazine
As Nationwide warns “deposit requirements remain prohibitively high” for FTBs, brokers reveal which lenders stand outFollowing Robert Gardner of Nationwide outlining the challenges faced by first-time buyers this morning in the lender’s February HPI, Newspage asked brokers wh
Mortgage Solutions
Rises in variable income limits ‘welcome’ but lenders unlikely to changeBrokers have said that mortgage lenders who will accept higher amounts of variable income will become more attractive, but have said it is unlikely more lenders will change their criteria.
Mortgage Solutions
Variable income can make entertainers’ mortgages a real drama, says Mortgages for Actors founderVariable income, multiple income streams and getting paid in different currencies are just some of the challenges of securing mortgages for those in the entertainment industry but stereotypical assumptions...
Mortgage Solutions
Lenders should stop ‘cherry picking’ best borrowers in rate war ‒ analysisBrokers have called for mortgage lenders to be more “brave and bold” in their rate cuts, and move beyond “cherry picking” the best borrowers.
IFA Magazine
Land Registry Dec HPI – “a correction is looking increasingly likely” property and mortgage experts reactFollowing the Land Registry December HPI published this morning, Newspage asked brokers and property experts for their thoughts. Sofia Jones, Managing Dire
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...
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...
Mortgage Strategy
Virgin Money introduces sub-4% 10-year fixVirgin Money is now offering a 10-year fixed rate residential mortgage for 3.99%.
Mortgage Professional
Mortgages For Actors – how it came to beHow an adviser came up with the idea of creating specialist advice for people in the entertainment industry
Financial Reporter
Money Box’s Paul Lewis tells mortgage seekers to avoid ‘local brokers’ - brokers reactPaul Lewis said
Mortgage Solutions
The eight watchwords that will define the mortgage market in 2023As we kick off a new year, Mortgage Solutions reveals the words that those in the industry think will characterize 2023.
Mortgage Professional
Taking a flying leap into mortgagesWhat makes someone want to radically change their career and make a success of it?
The Intermediary
House prices dip again in December - NationwideHouse prices declined for the fourth consecutive month in December with the rate of annual house price growth dropping to 2.8%, according to Nationwide’s latest house price index.
Mortgage Strategy
Comment: No drama, just honestyWhen it comes to my specific clients — those in the arts and entertainment or performing arts industry — the wider picture needs to be considered. Whereas pay-as-you-earn (PAYE) employees get paid relatively...
Mortgage Solutions
Next year will be ‘survival of the fittest’ for landlords unless lenders innovateDemand has been high for complex buy-to-let this year and expected to grow even more next year, but brokers have said product innovation is crucial to sustain this sector.
Mortgage Solutions
Next year will be ‘survival of the fittest’ for landlords unless lenders innovate – analysis - Mortgage SolutionsDemand has been high for complex buy-to-let this year and expected to grow even more next year, but brokers have said product innovation is crucial to sustain this sector.
Financial Reporter
Brokers urge lenders to rethink self-employed riskBrokers have called for a rethink around risk by lenders when it comes to the employed versus the self-employed.
Financial Reporter
TSB cuts self-employed multiples and increases stress ratesThe maximum loan-to-income multiple for self-employed applicants has been lowered from 5.00 times to 4.49 times income.
The Intermediary
TSB pauses 90% LTV new build lending and cuts LTI for self-employedTSB is pausing its new build lending at 90% LTV while reducing the maximum loan-to-income (LTI) multiples for self-employed applicants.
Mortgage Solutions
Lenders urged to stop ‘persecuting’ self-employed borrowers ‒ analysisLenders 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 Mortgage Works to reduce stress ratesThe move has been broadly welcomed by brokers as one that “may reignite the buy-to-let market”.
The Intermediary - Latest UK mortgage news
Annual house price growth slowed to 4.4% in November from 7.2% in October - The Intermediary - Latest UK mortgage newsNationwide’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%.
The Intermediary
Annual house price growth slowed to 4.4% in November from 7.2% in OctoberNationwide’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%.
Mortgage Solutions
Mortgage porting is the ‘unexpected gift’ of rising rates – analysis - Mortgage SolutionsAn air of urgency and panic has been prevalent in the housing and mortgage market for some time.
Financial Reporter
Brokers praise lenders offering 12 month mortgage offersBrokers said the approach is particularly positive for people buying new builds, as it protects them from building delays.
FTAdviser.com
Lenders need to innovate to save BTL, brokers sayMortgage brokers have expressed frustration over the lack of innovation among mortgage lenders in the buy to let space with many in agreement that action is needed before things get worse
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
Mortgage Professional
Borrowing rates ‘could reduce’, says London brokerRate may drop due to interest rise being lower than feared
The Intermediary - Latest UK mortgage news
Meet the broker... Mortgages for Actors - The Intermediary - Latest UK mortgage newsMeet Austyn Johnson, financial adviser at Mortgages for Actors
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BoE interest rate jumps to 3% — industry reactsThe 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%.
IFA Magazine
BoE rate rise: Reaction from mortgage brokers and IFAsFollowing 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
FTAdviser.com
Mortgage rates could ‘fall’ post BoE rate riseSome mortgage deals may become cheaper as today s interest rate rise by the Bank of England did not go as far as some had feared brokers have said