Rhys Schofield
Media Coverage
FTAdviser
Mortgage brokers share policy wishes ahead of electionMortgage brokers are hoping to see policy pledges to build houses, incentivise buyers, and promote the housing department during the election campaign.
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.
The Intermediary
Lenders are increasingly adapting their lending policies to suit construction subcontractorsThe mortgage options for construction sub-contractors have increased by a third over the past year, mortgage brokers specialising in this field have said.
Evening Standard
Mortgage brokers baffled as two ‘big six’ lenders up some rates while cutting othersMortgage brokers were baffled by some of the changes
FTAdviser
Brokers: Halifax reducing maximum working age is ‘outrageous’Brokers have criticised Halifax for reducing the maximum working age on some of its mortgage products.
Birmingham Live
Halifax in hot water over new mortgage rules ‘from Monday’ and ‘it’s outrageous’Britain's biggest mortgage lender is reducing the maximum age at which it will allow many borrowers to say they intend to retire from 75 to 70.
The Intermediary
Halifax introduces rate increases for selected remortgage productsAcross its remortgage products including large loans, Affordable Housing – Shared Equity/ Shared Ownership and equivalent green home products, the lender will be introducing rate increases up to 0.17%...
Mortgage Solutions
Not all borrowers are ‘blinkered’ by low mortgage rates – analysis - Mortgage SolutionsMortgage brokers are assuring borrowers that mortgage rates are not everything, meaning most don’t have a narrow-minded view on pricing, advisers say.
FTAdviser
Mortgage rates could reach ‘sub 3%’ by year end, say brokersThe mortgage market may see “sub 3 per cent rates” by the end of the year, according to some brokers.
The Intermediary
Company insolvencies see annual rise of 21%Approximately 2,466 companies registered for insolvency throughout November.
inews.co.uk
HSBC cuts mortgage rates on back of UK economy shrinkingThe high street lender is the latest to cut rates after ONS figures today showed the economy has contracted
FTAdviser
Brokers bolster teams as they brace for busy 2024Mortgage brokers are bracing for a busy 2024 as December sees business pick up.
The Intermediary
Brokers brace for a busy 2024Newspage asked a selection of brokers, conveyancers and specialist mortgage recruiters what they are expecting in 2024.
The Sun
Five tricks for first-time buyers to get a discount on homes as £18k shaved offHOMEBUYERS can haggle thousands of pounds worth of discounts off asking prices using a few handy negotiating tricks. Sellers are accepting reductions of £18,000 on average in order to agree a deal …
Mortgage Solutions
Revealed: Brokers’ favourite (and not-so-favourite) lender portals and the features they loveBrokers have urged lenders to focus on simple features when designing broker portals, without introducing adding complications like the need to download an app.
Mortgage Solutions
‘Huge increase’ in demand for limited company BTL seen by brokers ‒ analysis - Mortgage SolutionsBrokers have reported seeing substantial increases in interest in limited company buy to let from their landlord clients, and have highlighted the importance of working with tax firms who can support clients...
The Intermediary - Latest UK mortgage news
House prices rise by 1.1% in October – HalifaxThe typical home now costs £281,974, up around £3,000 on the previous month.
Mortgage Solutions
Jargon busters: Mortgage industry needs ‘crackdown on gibberish’ ‒ analysis - Mortgage SolutionsBrokers hold the key to dealing with mortgage jargon, but the industry as a whole would benefit from a crackdown on meaningless terms, intermediaries have argued.
Mortgage Professional
Can you help your clients overcome the mindset of being unable to buy?“Hell will freeze over before the regulator, government or industry bodies educate people in some sort of joined up way”
Mortgage Professional
Skipton introduces lowest rate two-year fixesBorrowers need to weigh up the overall cost of the product, brokers say
FTAdviser
Skipton launches 3.35% mortgage to support borrowersSkipton Building Society has introduced a range of low rate two-year fixes aimed at helping existing borrowers with payment difficulties, in a move one broker has called “unprecedented”.
inews.co.uk
Best mortgage deal in a year at 3.35 per cent - but it comes with a catchSkipton Building Society’s new deal appears generous - but there are caveats homeowners need to watch out for
Mortgage Professional
“County Durham borrowers more likely to have protection than those in Chelsea”Protection specialists discuss the reasons behind geographical differences
The Intermediary
EXCLUSIVE: Borrowers in Consett more likely to have protection than those in ChelseaBrokers and protection specialists have shared their views on how and when protection advice should be provided, and whether it can be overlooked during busier times.
Mortgage Professional
Transitioning from broker to business ownerBrokers discuss their experiences with setting up a business
Bracknell News
UK house prices fell in August at fastest annual rate since 2009, says HalifaxDespite dropping by £14,000 over the past year, the average house price remains around £40,000 or 17 above pre-pandemic levels, the lender said.
The Intermediary
Gazundering a growing threat to property chains, experts warnSpeaking with Newspage, property and mortgage professionals have noted a steep rise in gazundering as of late.
Evening Standard
UK house prices fell in August at fastest annual rate since 2009, says HalifaxDespite dropping by £14,000 over the past year, the average house price remains around £40,000 or 17% above pre-pandemic levels, the lender said.
The Independent
UK house prices fell in August at fastest annual rate since 2009, says HalifaxDespite dropping by £14,000 over the past year, the average house price remains around £40,000 or 17% above pre-pandemic levels, the lender said.
The Intermediary
Buyers ditch detached homes as rate reality bites, say property expertsIn its August House Price Index, Nationwide stated that the biggest decline in transactional terms was in detached houses.
Mortgage Professional
Is CeMAP fit for purpose?Brokers discuss the industry standard qualification for advisers
Mortgage Professional
Could Help to Buy make a return?Brokers discuss whether it would be a good option
Mortgage Solutions
Covid, Brexit and the mini Budget have yet to break brokers as confidence risesSurviving the myriad challenges of the last few years, such as Brexit, the pandemic and the cost of living crisis, may have helped boost the sense of confidence among intermediaries, brokers have suggested.
Mortgage Solutions
Brokers welcome ‘dead’ August as chance to recharge before market returnsIntermediaries have welcomed the fact that business levels in August have been low, suggesting it offers a chance to recover from the “rollercoaster” of recent months ahead of the market kicking back into...
Mortgage Solutions
Falling house prices prompt some homeowners to pick product transfersSome homeowners are taking the changes in house prices into account when refinancing to maximise their chances of getting the loan they want, brokers have said.
Financial Reporter
Mortgage brokers slam continued instances of conditional sellingThe buyer has since lodged a complaint with the estate agency.
Mortgage Professional
Renting into retirement – is it worth considering over homeownership?Brokers discuss the rising number of older renters and their impact
The Negotiator
Connells launches yet another investigation into ‘pressurised selling’Independent mortgage brokers are calling for proper penalties for those involved in conditional selling and want the Financial Conduct Authority to take action.
News and Star
Halifax, NatWest and First Direct join stream of lenders cutting mortgage ratesHSBC UK, Nationwide Building Society and TSB were also among lenders announcing mortgage rate cuts this week.
London Loves Business
It’s surprising ‘how many savers forget about inflation’ and should switch to higher interest accountsAs interest rates on savings accounts rise, financial advisers are reporting that they are getting more enquiries from clients about putting their money
Mortgage Solutions
Market chaos means attracting clients ‘has never been easier’The chaotic nature of the mortgage market at the moment presents an “open door” for brokers to build relationships with new clients, with the upheaval creating opportunities as much as challenges, advisers...
The Independent
UK sees rent rise at fastest pace since records beganThe cost of rent is expected to rise even further in the coming months
The Guardian
UK housing market forecast to avoid slump despite zero growth in pricesRents jump by record 5.1% in a month as rental market struggles to meet demand from priced-out buyers
BBC News
Rents rise at fastest rate for eight yearsCosts for tenants have jumped again but house prices grew more slowly in May, figures show.