Riz Malik's Media Coverage

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Daily Mirror

University 'not worth it anymore' as graduates find no jobs

Experts say the number of graduate jobs available has plummeted in less than a decade

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PINNED

The Telegraph

House prices rise amid shortage of sellers - latest update

House prices unexpectedly increased last month as lower mortgage rates boosted buyer confidence despite a shortage of sellers.

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FT Adviser

Housing costs accelerating ‘great wealth transfer’

Higher housing costs and affordability pressures have accelerated the great wealth transfer, with clients increasingly looking to pass on money during their lifetimes, according to advisers.

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Thisismoney

Help to Buy has netted Government £1.74bn... but future gains will be hit by plummeting flat prices

The Help to Buy equity loan scheme has netted the Government £1.74 billion, new data shows - though falling flat prices are likely to stunt returns in the future.

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Daily Telegraph

Beach hut prices sink as pandemic boom fades

Beach hut prices have plummeted 30pc in two years as Britain’s obsession with the colourful seaside cabins fades.

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what MORTGAGE

Starmer resignation: How will it impact mortgages rates?

Mortgage borrowers are being urged not to let political uncertainty derail their plans following the resignation of Keir Starmer as Prime Minister this morning.

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FT Adviser

Estate planning and retirement top clients’ priorities

Financial planning firms are seeing growing demand for advice on estate planning and retirement as clients focus on long-term financial priorities.

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Daily Mirror

Important Monday update for anyone taking out a UK mortgage

Mortgage brokers and property experts have hailed Trump’s Middle East peace deal, but also issued a note of caution

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FT Adviser

Pension saving plummets when employees move into self-employment

More support is required to address low pension participation when people become self-employed, a think-tank claims.

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Daily Mirror

People with mortgage deals ending soon ‘should act now’

Continued global tensions mean nothing is set in stone

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Daily Star

‘Stumbling block’ charge alert after new Nationwide update

One expert said some people should be exempt from the charge

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Daily Mirror

‘Stumbling block’ charge alert after new Nationwide update

One expert said some people should be exempt from the charge

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FT Adviser

Stamp duty has ‘become a drag’ on the housing market

The government is facing renewed calls to reform stamp duty amid stuttering house price growth.

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Daily Mirror

Millions across UK ‘face new 22% HMRC tax’

The details are starting to emerge

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Daily Mirror

New Nationwide update as ‘impact feeds through’

The building society has given its latest take

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Wales Online

Nationwide Monday update as ‘conditions perfect for bargain’

The building society released a key update on Monday morning

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North Wales Live

NatWest mortgage rule change announced - eligibility

NatWest has introduced a significant new offer

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Birmingham Live

Santander cuts mortgage rates by up to 0.23% from TOMORROW

Inflation is down by 2.8 per cent

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Wales Online

Santander shares good news for these customers - from Friday

Santander is making a major change this week

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Daily Express

Major Santander change from Friday - what customers need to know

Many Brits have been handed a rare piece of good news after Santander announced a major change from Friday.

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Daily Mirror

NatWest update as it launches new £150,000 offer - eligibility

NatWest has introduced new changes for some lenders

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Cambridgeshire Live

NatWest mortgage rule change announced - eligibility

NatWest has introduced a significant new offer

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Teesside Live

NatWest mortgage rule change announced - eligibility

NatWest has introduced a significant new offer

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Thisismoney

NatWest to offer mega mortgages of 6.5 times salary: Who can get one?

NatWest has boosted the amount high earners can borrow as a mortgage to 6.5 times their salary.

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Birmingham Live

NatWest announces major update for customers earning over this figure

This is NatWest’s fourth LTI enhancement this year

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WalesOnline

UK 2027 rule change as many ‘don’t have £92 document until too late’

It's something that many of us are guilty of leaving until too late in life

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Daily Express

HMRC rule change in 2027 as ‘few have essential £92 document’

That’s a nasty little sting for families

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Daily Mirror

‘Rates cut’ for Santander and NatWest customers

There are changes happening this week

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Cambridgeshire Live

NatWest and Santander customers ‘cost reduction this week’

Both banks have announced changes

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Thisismoney

Halifax cuts its mortgage rates - but are home loans about to spike again?

A major mortgage lender has cut its rates today, but brokers are warning that they could be about to rise again.

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Daily Mirror

New Halifax update given to customers ‘but could be short-lived’

There was good news for customers announced on Tuesday afternoon

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MoneyWeek

Households are holding record amounts in cash - how much should you invest?

Research by Fidelity shows investing levels remain below their 1990s peak. Here is why you should consider investing more.

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Liverpool Echo

Nationwide change begins today as benefit ‘passed to customers’

Halifax has also made an announcement, following TSB, Santander, Barclays and HSBC

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Daily Express

Nationwide announces major change for customers ‘from today’

Feels like a blink-and-you’ll-miss-it moment

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Daily Express

Halifax follows HSBC, Santander, TSB with ‘positive’ news for customers

Don’t get too excited, it could flip fast

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Daily Express

Unwelcome warning issued to all petrol and diesel drivers

Every fill-up feels like daylight robbery now

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Redhill And Reigate Life

Millions of UK workers urged to check payslips from April 1 as wages rise

Millions of UK workers are getting a pay rise from April 1. Check the new minimum wage rates and make sure your employer is paying you correctly.

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Thisismoney

TSB to raise ALL its fixed mortgage rates as Middle East fallout continues

Mortgage brokers are warning that mortgage rates below 4 per cent could disappear by next week, after three more lenders hiked rates in response to ongoing geopolitical tensions.

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Daily Mirror

Iran war ‘could send fuel prices soaring to 180p’ as mortgage costs rise

The turmoil caused by the Middle East conflicted has extended into a new week, as Chancellor Rachel Reeves is set to attend emergency meeting

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Daily Express US

WW3 alarm as Trump weighs Iran strike that could send oil and inflation soaring

US media reports suggest Donald Trump is weighing military strikes on Iran, and experts warn oil prices could surge to $110 per barrel, driving up fuel costs

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Birmingham Live

Halifax confirms mortgage rate increases across its products

The new rates come into effect from tomorrow

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FT Adviser

Stocks and shares Isas outperform cash Isas for third year

The average stocks and shares Isa grew by around 11 per cent in the past year, compared with a 3.4 per cent return from cash Isas, figures from Moneyfacts show.

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The Guardian

Oil prices rise amid fears of US strikes on Iran – as it happened

Both the US and Iran embark on military posturing amid a stand-off over Tehran’s nuclear programme

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Bury Mercury

What UK inflation drop to 3 per cent means for mortgages, savings and interest rates

UK inflation has dropped to 3. Here’s what it means for mortgage rates, savings accounts and the chances of a Bank of England rate cut.

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Newham Recorder

What UK inflation drop to 3 per cent means for mortgages, savings and interest rates

UK inflation has dropped to 3. Here’s what it means for mortgage rates, savings accounts and the chances of a Bank of England rate cut.

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The Herald

What UK inflation drop to 3 per cent means for mortgages, savings and interest rates

UK inflation has dropped to 3. Here’s what it means for mortgage rates, savings accounts and the chances of a Bank of England rate cut.

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Swindon Advertiser

What UK inflation drop to 3 per cent means for mortgages, savings and interest rates

UK inflation has dropped to 3. Here’s what it means for mortgage rates, savings accounts and the chances of a Bank of England rate cut.

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Maldon and Burnham Standard

What UK inflation drop to 3 per cent means for mortgages, savings and interest rates

UK inflation has dropped to 3. Here’s what it means for mortgage rates, savings accounts and the chances of a Bank of England rate cut.

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Liverpool Echo

Klarna and Clearpay shoppers to face new checks ahead of paying

Millions of people across the UK use Buy Now Pay Later firms, including Clearpay and Klarna to shop

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Herald.Wales

Big bank loyalty leaves savers almost £300 worse off, research finds - Herald.Wales

SAVERS have been urged to consider lesser-known providers to avoid missing out on hundreds of pounds in interest, following new analysis from Moneyfacts.

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Kent Live

Clearpay and Klarna shoppers to face new checks in shake-up

Millions of people have used Buy Now Pay Later lenders such as Clearpay and Klarna but now new rules are being brought in

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OK!

Major change to affect every Klarna and Clearpay shopper

Up to 30 million people in the UK have used Buy Now Pay Later schemes including Klarna and Clearpay for everything from groceries to gifts

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Cambridge Live

Klarna and Clearpay shoppers to face new checks ahead of paying

Millions of people across the UK use Buy Now Pay Later firms, including Clearpay and Klarna to shop

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Hull Live

Clearpay and Klarna shoppers to face new checks in shake-up

Millions of people have used Buy Now Pay Later lenders such as Clearpay and Klarna but now new rules are being brought in

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Daily Record

Important Klarna and Clearpay updates all users should not ignore

Millions of UK shoppers who use Klarna, Clearpay and other Buy Now, Pay Later (BNPL) services are set to see major changes, as the Financial Conduct Authority (FCA) introduces new rules to protect consumers

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Daily Mirror

Major change to affect every Klarna and Clearpay shopper

Up to 30 million people in the UK have used Buy Now Pay Later schemes including Klarna and Clearpay for everything from groceries to gifts

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FT Adviser

Big bank loyalty costs savers £300 a year

According to analysis from Moneyfacts, staying with a big bank rather than a challenger bank can leave savers £300 worse off every year.

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Daily Mirror

Nationwide makes major change for customers and is ‘first in UK’

It’s been said that it’ll speed things up

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Business Matters

Pound hits four-year high against dollar, prompting calls to ‘buy now’

Sterling has climbed to $1.38 against the US dollar — its strongest level since 2021 — as dollar weakness, rate expectations and geopolitical uncertainty fuel calls that now is a good time to buy.

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Sky News

11 financial New Year’s resolutions to get your money in order

Hoping to get your finances in order this year? Whether it’s clearing debt or building a nest egg, here are some New Year’s resolutions to help you become more money-savvy - and tips from experts on how...

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GB News

Mortgage deals hit highest level since 2007 in 'huge milestone' with 7,158 products currently available

Homebuyers now have access to more mortgage options than at any point in almost two decades, according to new industry data.

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Express.co.uk

Three major banks slash mortgage rates in ‘important’ market signal

Experts are expecting further steady, gradual reductions through 2026.

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Thisismoney

Three major banks slash mortgage rates in new year boost for borrowers

Three major high street banks have kicked off 2026 by slashing the interest rates on their mortgages.

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GB News

Labour warned DWP scheme to tackle workplace sickness 'like emptying the ocean with a teaspoon'

The Labour Government has unveiled a new scheme offering complimentary occupational health training to 5,000 line managers at small and medium-sized enterprises (SMEs) across England.

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Daily Telegraph

Homeowners take on highest amount of risky mortgages since 2008

Homeowners have taken on the largest amount of risky mortgages since 2008 as new buyers stretch the budget to get on the housing ladder.

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FT Adviser

Reeves increases minimum wage by 4.1%

The government has announced that minimum wage rates will increase next year, but small business owners have raised concerns.

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Grimsby Live

Santander ‘debunks myth’ after helping 70year-old buy home

Figures show a sharp rise in people over 60 buying their first home

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Essex Live

Santander ‘debunks myth’ after helping 70year-old buy home

Figures show a sharp rise in people over 60 buying their first home

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Somerset Live

Santander ‘debunks myth’ after helping 70year-old buy home

Figures show a sharp rise in people over 60 buying their first home

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GB News

Recession alert: US economic downturn 'would be straw that breaks the UK's back' as stock market tumbles

Investors are concerned about a potential AI stock market 'bubble' which analysts warn could trigger a recession on both sides of the Atlantic

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Daily Telegraph

Stock market ‘may pull-back further’, warn advisers

A US recession “would be the straw that breaks the UK’s back” with stock markets already strained by high valuations, investment advisers have warned.

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Express.co.uk

Rachel Reeves slammed as UK economy on ‘toxic’ path to inflation chaos

The prediction, from S&P Global, marks a sharp climb from August’s 3.8% rate and is double the Bank of England’s (BoE) 2% target.

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Express.co.uk

Rachel Reeves ‘sleepwalking into disaster’ after latest dire GDP figures

Rachel Reeves has admitted she is considering tax rises to plug a rumoured £30 billion black hole in public finances.

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Express.co.uk

Gold smashes past $4,000 an ounce as economic uncertainty sparks global worry

Analysts have said $5,000 gold is now “a reasonable waypoint”, as the price of the yellow metal continues to rise.

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Freelance Informer

Property Experts Sceptical Over Latest Property Reform

A NewsPage report captures the tension between government ambition and industry cynicism regarding regulatory change in the property sector.

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Daily Star

Earnings from adult platforms or Airbnb could stop you getting mortgage

Many hopeful lenders turn to side-hustles to raise funds, including Airbnb, Only Fans or even high-risk gambling - but experts have warned some banks could take a dim view

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This Is Money

Budget property tax fears ‘paralyse’ £500k-plus property market

Labour’s languishing over the Autumn Budget is hitting the upper echelons of the property market hard, new data shows.

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The Armchair Trader

Gold fever: the smartest ways to buy and sell as prices hit record highs

With gold prices smashing through all time highs many UK investors are wondering how best to profit from soaring prices.

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This Is Money

Mortgage payments rocket 47% in five years to a record £1,002 average

Direct debit data published by the Office for National Statistics, showed average homeowner monthly mortgage repayments came in at £1,002.27 in August.

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Express.co.uk

‘No-idea’ Reeves accused of plunging UK into ‘economic abyss’

Financial experts have reacted to the news that the economy flatlined in July, with some warning of increased taxes in the upcoming Autumn Budget.

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Express.co.uk

Angela Rayner urged by tax experts to resign over stamp duty scandal

EXCLUSIVE: This isn’t just a “minor slip-up” from Angela Rayner, experts have said.

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Estate Agent Today

Boost for first-time buyers as HSBC expands loan-to-income ratios

HSBC has increased its loan-to-income (LTI) ratio for first-time buyers.

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Express.co.uk

Rachel Reeves dealt another huge blow as GDP plunges UK economy into ‘trouble’

The UK’s economic growth rate slowed to 0.3% in the second quarter of the year, new data shows.

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National World

Financial experts react as Bank of England cuts base rate to 4% - what it means for your money

The Bank of England's Monetary Policy Committee has today voted by a majority of 5–4 to reduce the base rate to 4% - financial experts say it is a huge boost to borrowers, mortgage holders and, perhaps...

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This Is Money

House price affordability rises to highest level in a decade

The price of a typical home is roughly 5.75x average income, a ratio ‘well below’ the all-time high of 6.9 recorded in 2022.

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Express.co.uk

Brits hit with ‘cardinal sin’ warning over common pensions mistake

Financial experts have warned of a “worrying pattern” when it comes to saving for retirement.

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Birmingham Live

Cash ISA rule change still on cards as Rachel Reeves lays out plans

Ms Reeves has confirmed a cash ISA shake-up could be coming as she slashed red tape at her Mansion House speech.

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Plymouth Live

Rachel Reeves 3pc pension change plan ‘may spark redundancies’

Finance and business experts say something needs to change but ‘now is not the time’

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Lancs Live

Rachel Reeves 3pc pension change plan ‘may spark redundancies’

Finance and business experts say something needs to change but ‘now is not the time’

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The Scotsman

Petrol price alert: How the Israel-Iran conflict will impact the motorist and UK economy

Motorists have been warned of an imminent hike in prices at the pump as the conflict between Israel and Iran intensifies.

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The Sun

With generals dead, bases ruined & proxies wiped out… world awaits neutered Iran’s ‘revenge’ strikes

Global oil prices hit their highest mark in five months after jumping 6 percent, fuelled by fears that the supply will be disrupted.

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Daily Mail

9,000 messages in children’s WhatsApp group lead to school phone ban

Shocked at the discovery, executive headteacher Simon Botten started a debate with parents on whether smartphones should be allowed in schools - and now pupils can’t bring them in at all.

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FTAdviser

‘Game-changer’: govt unveils reform as it lays out pension schemes bill

The government will present the pension schemes bill today (June 5) as it moves to introduce reforms to combine smaller pots and create

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Birmingham Live

Major NatWest update with customers told ‘be warned or be damned’

The Treasury has announced the sale of its final shares in the NatWest Group

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Express.co.uk

Brits told ‘help mum’ and ‘don’t ignore that letter’ as pensioners may claim £8k

EXCLUSIVE: Adult children are being urged to help older women make sure they claim state pension underpayments.

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Daily Mail

Experts reveal tips to protect against inflation after ‘Awful April’

Inflation is back on the rise, with a shock jump arriving today. Financial experts gave us their top tips on what you can do to protect your wealth and income.

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This Is Money

Home buyers offered 100% mortgage: Who can get it?

The new mortgage means someone earning £40,000 a year could potentially buy a home worth £179,600 - even without any savings.

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Express.co.uk

British growth surge could stall Bank of England rate cuts

The upbeat performance defies earlier warnings of a crisis in business confidence

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Express.co.uk

Bank of England cut fuels hope for cheaper mortgages

The Bank of England trimmed its base rate by 0.25 percentage points to 4.25% yesterday

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Daily Telegraph

Boost for homeowners as mortgage rates expected to hit 3.5pc

Homebuyers could see mortgage rates as low as 3.5pc by the end of the year as lenders respond to Bank of England interest rate cuts, brokers have said.

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Express.co.uk

Rachel Reeves’ £50bn pension plans are ‘dangerous and misguided’

Critics accuse Rachel Reeves of risking savers’ money in a bid to turbocharge Britain’s sluggish economic growth.

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Express.co.uk

Nationwide Building Society announces change to mortgage rates - full details

Some brokers believe lower mortgage rates from other banks could follow soon.

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Birmingham Post

Nationwide makes urgent change ‘effective tomorrow’ with millions to benefit

The new rates will be effective from tomorrow, Wednesday 23 April.

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This Is Money

Nationwide cuts mortgage rates and now offers best buy for home movers

Nationwide has reduced its rates by up to 0.25 percentage points, with the deals available to both new and existing customers.

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Newspage News

“Gold smashing through $3,200 is a screaming signal of market fear”

The price of gold hit a new all-time high Friday, as uncertainty surrounding the ongoing global trade war reached new heights.

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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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InYourArea

Mortgage rate cuts on the horizon as lenders prepare for competitive shake-up

Some borrowers may soon be able to lock in fixed mortgage deals under 4%, says Rory Poulter

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FTAdviser

UK mortgage lenders cut rates following Trump tariffs

A number of UK mortgage lenders have announced rate cuts as swap rates improve as a result of the recent Trump tariffs.

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Daily Mail

British businesses warn of fight to survive after Trump’s tariffs

Firms have told MailOnline the world is in ‘turmoil’ and labelled the US President’s decision to impose the widespread tariffs as ‘ridiculous’.

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Express.co.uk

Home loan war looms with lower deals on the horizon

Some borrowers may soon lock in two and three year deals below the 4% mark.

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Express.co.uk

Everything we know so far about how Trump’s tariffs will impact your pension

As the world’s stock markets take the brunt of US President Donald Trump’s tariffs experts explain what will happen to your pension and savings.

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This Is Money

Lender cuts mortgage rates as tariffs set to bring down interest rates

Mortgage brokers are expecting more lenders to follow suit, in what could see a wave of rate reductions over the coming weeks.

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Wisbech Standard

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Moneyweek

Trump trade tariffs: UK mortgage rates could fall below 4%

Stock markets have been rattled by Trump’s trade tariffs but there could be benefits for mortgage borrowers

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Express.co.uk

UK households with a mortgage told Trump tariffs could actually be good news

A mortgage lender said it was reducing its rates as a result of US President Donald Trump’s ‘Liberation Day’ tariffs.

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FTAdviser

Stamp duty change demands new avenues for homebuyers

With stamp duty thresholds changing today the need to find alternative solutions for first time buyers has been amplified, according to the Mortgage Advice Bureau.

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Financial Times

UK house prices fall unexpectedly in March

The 0.5% contraction according to Halifax contrasts with economists’ bets of a 0.1% rise

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North Wales Pioneer

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Western Telegraph

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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FTAdviser

Trump tariffs may ‘single-handedly’ rescue UK housing market

Trump’s tariffs “may be single-handedly rescuing the UK housing market” after SONIA swap rates tumbled following the president’s ‘liberation day’ announcement.

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Cumnock Chronicle

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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This Is Money

Could Trump’s trade tariffs send mortgage rates lower

Mortgage rates could be set to fall in the aftermath of Donald Trump’s trade tarriffs after sonia swap rates fell following the announcement.

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Gazette & Herald

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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The Herald

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Islington Gazette

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Eastern Daily Press

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Wandsworth Times

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Swindon Advertiser

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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York Press

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Wymondham & Attleborough Mercury

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Northwich Guardian

How Trump’s tariffs ‘may help UK buyers by lowering mortgage rates’

In an unexpected twist, President Trump’s tariffs may inadvertently help UK buyers by lowering mortgage rates

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Yahoo! Finance

BoE rate cut more likely after 'Liberation Day'

Markets believe a rate cut from the Bank of England (BoE) is now more likely following Trump's Liberation Day speech last night.

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London Property News

Buy-to-let is bouncing back ‘with lending rocketing nearly 40% in the fourth quarter’

Buy-to-let is bouncing back ‘with lending rocketing nearly 40% in the fourth quarter’ ...…

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Express.co.uk

Cash ISA experts explain when is best to open account amid savings grab fears

The end of the tax year falls on Saturday 5 April, leaving cash ISA investors with just a few days to use their annual £20k allowance.

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Devon Live

Santander mortgage changes could help you borrow up to £35K more

The move follows the government asking regulators to create an environment that fosters growth and guidance from the FCA to banks earlier this month where it set out steps to support home ownership.

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Express.co.uk

Santander loosens affordability rules for borrowers in mortgage shake-up

Santander has changed its affordability rules, enabling people to borrow up to £35,000 more

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FTAdviser

Santander loosens affordability criteria in line with FCA wishes

Santander has loosened affordability criteria in line with the wishes of the Financial Conduct Authority, with brokers calling it a “brave move” from the lender.

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FTAdviser

Economic uncertainty drives investors to gold ‘safe haven’

The price of gold hit record highs today (March 18), reaching more than $3,000 per ounce, with advisers and industry experts expecting the price to continue rising.

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Startups.co.uk

UK Business Register Shrinks For First Time

Companies House has released its latest quarterly results and it’s not looking good for UK businesses ahead of the Spring Forecast.

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London Business New

Chancellor’s ‘anti-business Budget is starting to bite’ as companies register shrinks for first time ever

Discover the impact of ‘The anti-business Budget is starting to bite’ on UK companies, marking a significant drop in registrations.

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Birmingham Live

Halifax making big change to bank accounts which kicks in tomorrow

Halifax is the latest lender to announce rate cuts, which will go live from tomorrow, Friday 7 March.

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Express.co.uk

Abrdn changes name back to Aberdeen after rebrand was mocked

One of the UK’s oldest finance firms has abandoned a four-year rebrand which saw it mocked for removing the vowels in its name.

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Birmingham Live

NatWest makes change to accounts in move that ‘could trigger domino effect’

Remortgage borrowers look to be the biggest winners with this particular reprice, with cuts of up to 0.36%.

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Express.co.uk

‘What were they doing for 14yrs’ - Financial experts’ blunt verdict on Labour

Rather than asking banks for help, Rachel Reeves and her Labour colleagues should already have worked out what they were going to do, argued one expert.

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Express.co.uk

Mortgage rates set to fall as markets bet on Bank of England rate cuts

A number of leading lenders, including the Halifax and Barclays, have already introduced reductions recently and there are expectations of more to come.

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Express.co.uk

Bank of England poised to cut base rate by 0.25% - follow live

Mortgage holders brace for noon when the Bank of England announces its latest decision on interest rates.

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Birmingham Live

Barclays bringing in mortgage rule change ‘starting from Tuesday’

The high street banking giant, which is rivalled by the likes of HSBC UK, Santander, Lloyds, NatWest, Nationwide and more, has confirmed it will be reducing key mortgage rates from Tuesday, February 4.

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Express.co.uk

Barclays cuts mortgage rates - everything we know so far

Barclays has confirmed it will be reducing key mortgage rates from Tuesday, February 4

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Daily Mail

Santander are ‘playing a dangerous game’ over its threat to leave UK

The departure of the Spanish banking giant from the UK would deal a hammer blow that risks impacting 14million customers and tens of thousands of staff.

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Birmingham Live

Santander customers warned over ‘dangerous game’ which can ‘backfire’

One broker warned this is “likely aimed at the government following last week’s deregulation announcement” but added — “it could backfire”.

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Property Soup

Weak December retail sales reinforce calls for rate cut

The UK high street endured a lacklustre festive season as official data published last Friday morning revealed a 0.3% decline in retail sales volumes during December 2024. While sectors such as clothing...

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Business Matters

Sterling faces fresh sell-off as soaring borrowing costs could mean Reeves is on borrowed time

Traders are increasingly betting on a significant drop in the pound as concerns mount over the Chancellor Rachel Reeves’s ability to stick to her fiscal targets following a sharp rise in borrowing costs.

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Express.co.uk

Santander says people with a mortgage can save thousands

The banking giant has shared how people could claw back a small fortune

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Property Soup

Homeowners could save thousands by using ‘Dry January’ cash boost to overpay mortgage

With many choosing to ditch alcohol this January, research from Santander has shown that putting some – or all – of the money usually spent on booze each month towards mortgage overpayments could save...

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Express.co.uk

HSBC makes major decision on mortgage rates after Halifax move

The high street giant has issued new interest rates on fixed rate deals running for two, five and 10 years.

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Express.co.uk

£100 warning over ‘forgotten’ subscriptions in bank accounts

Experts advise that drawing a distinct line between “wants” and genuine “needs” is vital

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Express.co.uk

Fresh blow to Rachel Reeves as UK growth expectations take ‘turn for worse’

EXCLUSIVE: Chancellor Rachel Reeves’ economic plan has ‘left businesses with even more tough choices to make’, the CBI says.

Published:

Express.co.uk

‘Wreck-it Reeves’ has has put mockers on the mortgage market, warns expert

Rachel Reeves has stirred up significant controversy since coming into office, especially after last month’s Budget.

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Express.co.uk

Pension funds warned on ‘deeply irresponsible’ move to invest in Bitcoin

The row has been triggered by a decision by a trust to advise a UK defined benefit (DB) pension scheme on allocating 3% of their portfolio to holding Bitcoin

Published:

Birmingham Live

DWP under fire for Get Britain Working Again reforms which are ‘all so 1980s’

Jobcentre reform will be at the centre of the Labour Party government’s plans to “get Britain working again”, it has emerged today.

Published:

FTAdviser

‘Deeply irresponsible’ to include bitcoin in pension investments

Advisers think it would be “deeply irresponsible” for pension schemes to invest in cryptocurrencies in defined-benefit pension schemes.

Published:

Leicestershire Live

Urgent plea over ‘inhumane’ energy price change

Energy bills continue to be a heavy burden on household finances, especially for people on lower incomes

Published:

Express.co.uk

Urgent plea as millions hit by energy bill shock

Ofgem has announced a change in the price cap that will put up the cost of each unit of gas and electricity used from January 1

Published:

Express.co.uk

First shots in mortgage price war as Barclays cuts fixed rates to under 4%

The fall is expected to trigger rivals to follow suit against the background of predictions the Bank of England could cut the base rate twice before Christmas

Published:

Express.co.uk

Bank of England ‘must act now’ as experts predict two major decisions this year

Inflation has fallen to below the official target of 2 percent

Published:

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.

Published:

Express.co.uk

State Pension National Insurance deadline issued to get £328 extra a year

Paying £907.48 to cover one year of missed NI payments will boost the annual pension by some £328.64, which rises in line with inflation.

Published:

Moneyweek

6 money mistakes to avoid in your 50s

You may be at the peak of your career in your 50s but your kids may also come calling for support - here is how to prepare your finances for the decades ahead

Published:

Moneyweek

Payment regulator sets refund limit for fraud victims – your rights when you get scammed

From October, new rules will change how banks refund authorised push payment fraud victims. Here is how your money will be protected.

Published:

FTAdviser

Reeves may open ‘Pandora’s box’ by targeting IHT

Rachel Reeves “may be about to open Pandora’s box” by targeting inheritance tax reform in the upcoming Autumn Budget, Sad Rabbit Investments head of macroeconomics, Gabriel McKeown, has...

Published:

Letting Agent Today

No Chance of Rate Cut Today - mortgage experts warn on economy - Letting Agent Today

News that the headline rate of inflation remains at 2.2% has killed hopes of a cut in interest rates today.

Published:

Express.co.uk

Hope for Bank of England rate cut dashed by soaring air fares

The headline inflation rate was unchanged at 2.2 percent in August, but core inflation - stripping out energy, food, alcohol and tobacco - rose to 3.6 percent.

Published:

Derbyshire Live

Lender announces significant mortgage rate cuts for customers

Virgin Money has made a series of positive changes to its residential purchase mortgage range, with rates being reduced by up to 0.20 percent

Published:

Birmingham Live

Halifax and Lloyds to give first-time buyers £2billion boost to get on ladder

The Lloyds group, which includes the Halifax, will also allow young buyers to borrow up to 5.5 times their income which means they will need smaller deposits

Published:

Express.co.uk

Halifax and Lloyds customers can take advantage of special mortgage boost

Rising house prices, the cost of living squeeze, high interest rates and affordability challenges mean conditions are the most difficult in 70 years for first time buyers.

Published:

Express.co.uk

Virgin Money customers given significant mortgage rate cuts

The provider has also made a series of changes to remortgage and buy-to-let options

Published:

Manchester Evening News

Quarter of UK adults can’t pay unexpected expense as experts raise alarm

The amount of households in the UK that wouldn’t be able to handle a few hundreds of pounds as the result of an unexpected expense is highlighting a deeper issue in the country’s pockets, experts are warning

Published:

The Mirror

Millions of Brits ‘one unexpected bill away from disaster’ new figures show

A quarter of UK adults don’t think they would be able to afford a necessary but unexpected £850 bill, new figures from the Office for National Statistics have shown

Published:

The Independent

NatWest latest lender to offer mortgage under 4% in new price war

The high street lender began offering a 3.89 per cent deal with a £1,495 fee on Tuesday, following hot on the heels of other attractive offers for homeowners from Santander, Barclays, HSBC and Halifax

Published:

Birmingham Live

NatWest ‘follows Santander’ and announces new rules ‘effective today’

NatWest has announced that, effective 13 August, it is making a number of rate reductions to their New Business product range.

Published:

Estate Agent Today

Boost for buyers as mortgage rate cuts continue – how long will it last?

NatWest’s lowest price deal is now a 3.89% five-year fix for a home purchase at 60% loan-to-value (LTV) with a £1,495 fee. That is down from 4.03% previously.

Published:

Evening Standard

NatWest joins the rate cutting stampede with 3.89% mortgage deal

Rush of “sub-4” deals is expected to reinject energy back into sluggish property market

Published:

The Mirror

Barclays mortgage interest rates cut but not everyone is optimistic

A number of Barclays mortgage products have seen interest rates cut to below four percent for the first time in months, following the Bank of England’s base rate decision last week

Published:

Birmingham Live

Halifax issues £999 message to customers and ‘expect more to follow’

Halifax has today announced cuts on selected products of up to 0.16 per cent and highlights include a 5-year fixed rate at 3.99% with a £999 fee up to 60% LTV.

Published:

Sky News

Barclays to cut mortgage rates from tomorrow

Barclays is making cuts to a selection of products across its residential purchase, remortgage and reward ranges from tomorrow.

Published:

The Mirror

Barclays launches UK’s cheapest mortgage at 3.84% as banks battle

The mortgage price war has intensified with Barclays launching the UK’s cheapest home loan at 3.84 percent as banks and building societies battle to attract homebuyers

Published:

Express.co.uk

Mortgage price war – Barclays, HSBC and NatWest launch home loans at under 4%

Further cuts are expected in the coming days which are predicted to trigger a rush to buy through the rest of this year.

Published:

FTAdviser

Brokers: hardship tests will ‘force out good landlords’

Introducing a hardship test for landlords will force many good landlords to flee the rental sector, some brokers have warned.

Published:

Express.co.uk

Hopes of home loan price war and return to sub 4% fixed-rate mortgages

The interest rates at which financial institutions lend money to each other - so-called SWAP - rates have come down in the last few days.

Published:

Bristol Live

Bank of England cuts base interest rate from 5.25 to 5% - experts react

The Bank of England’s Monetary Policy Committee voted 5-4 in favour of a quarter-point reduction in the base rate - the first time it has been cut in more than four years

Published:

WalesOnline

Bank of England cuts base interest rate from 5.25 to 5% - experts react

The Bank of England's Monetary Policy Committee voted 5-4 in favour of a quarter-point reduction in the base rate - the first time it has been cut in more than four years

Published:

Express.co.uk

Interest rate cut hailed as ‘real turning point’ as experts react to decision

It is hoped the move will bring down the cost of borrowing for those carrying mortgages, credit card debt and other loans.

Published:

Daily Mail

Pound climbs to highest level in a year amid boost for UK tourists

Sterling rose to nearly $1.30 this afternoon after strong economic growth cast fresh doubt over when the Bank of England will finally cut interest rates next month.

Published:

Birmingham Live

HSBC announces ‘new mortgage criteria rules’ for customers

The new HSBC UK rules take hold on Wednesday, July 10 and will see the bank remove the 65 per cent and 80 per cent loan to value tiers, allowing customers to access higher lending amounts at a higher LTV.

Published:

Express.co.uk

HSBC announces ‘big’ change to mortgage criteria to help ‘boost’ property market

HSBC’s criteria switch-up has been largely met with praise from mortgage brokers.

Published:

Express.co.uk

Barclays and HSBC set to unleash mortgage interest rate cuts within hours

The reductions follow a number of small cuts by other lenders in recent days, such as Halifax, Santander and NatWest.

Published:

inews.co.uk

NatWest becomes latest major lender to cut mortgage rates

Mortgage rate cuts follow other lenders including Halifax, HSBC, Barclays and Coventry Building Society slashing prices in recent weeks

Published:

Express.co.uk

Win for home buyers as NatWest boosts the amount it will lend on new properties

The maximum loan it will allow on a house in terms of loan to value (LTV) is going up from 85 percent to 90 percent.

Published:

Sky News

Big high street lender cuts rates in 'starting pistol for summer deals'

HSBC is the latest lender to announce a wide range of mortgage rate cuts as swap rates improve.

Published:

What Mortgage

Barclays slashes mortgage rates: More lenders expected to follow

Barclays has cut rates on a selection of mortgages and brokers think more lenders will follow in its footsteps and reduce prices this week.

Published:

Birmingham Live

Barclays announces new rules for customers in ‘huge relief’ for account holders

Products with the biggest cuts include a two-year fixed with £899 product fee - 60 per cent loan-to-value (LTV), min loan £5k, max loan £2m

Published:

Express.co.uk

Barclays cuts mortgage rates sparking hopes others will follow

The reductions come despite the fact the Bank of England refused to cut the base rate from its 16 year high of 5.25 percent last week.

Published:

Sky News

Barclays reducing fixed rate deals - and more lenders could follow

Barclays has announced rate reductions across a number of its mortgage deals, with brokers suggesting more lenders could follow suit in the coming days.

Published:

Evening Standard

Barclays cuts mortgage rates in move likely to be followed by rivals

The move follows an easing of swap rates in the City ahead of an expected Bank of England rate cut in August

Published:

Express.co.uk

Credit card debt surges by almost £5bn as punishing rates send bills spiralling

People who are relying on credit card to cover everyday expenses, such as food, clothes and energy, are facing punishing interest rate bills.

Published:

FTAdviser

NatWest has ‘broken the mould’ with latest rate cut

NatWest has broken the mould by making changes to its product pricing, according to Samuel Mather-Holgate, IFA at Mather and Murray Financial.

Published:

Express.co.uk

Inflation plunge fuels property market experts’ hopes of interest rate cut

There is some pessimism that the Bank’s Monetary Policy Committee (MPC) will answer the call to cut the cost of borrowing and mortgages when it announces its decision tomorrow.

Published:

Express.co.uk

Key reason Bank of England pressured to cut interest rates before election

The key ECB rate has come down to 3.75 percent which compares to 5.25 percent figure in the UK.

Published:

Express.co.uk

What General Election could mean for housing market from landlords to tenants

Labour has indicated it will back a ban on no fault evictions of tenants, while the party is also under pressure to allow councils in some areas to introduce a cap on rents.

Published:

The Independent

UK inflation falls less than expected to 2.3% in April

Getting inflation down to 2 per cent is a key target for the Bank of England

Published:

Express.co.uk

Credit card spending spirals with surge in use for essentials across UK

The rise, which equates to 9.5 percent, suggests more of the nation are effectively living on borrowed money.

Published:

The Intermediary

Ultra long mortgages FOI “highlights the bind many borrowers are in at present” - The Intermediary - Latest UK mortgage news

In the last quarter of 2021, nearly a third - 31% - of new mortgages had an end date beyond the state pension age.

Published:

FTAdviser

First time buyers’ 99% mortgage with £5k deposit launched

A 99 per cent mortgage product for first time buyers has been launched by Yorkshire Building Society and Accord mortgages.

Published:

The Telegraph

Mortgage rates to drop below 4pc ‘within weeks’

Improved deals are imminent after inflation slowed to 3.4pc in February

Published:

Bloomberg

London Home Rents Surge at Record Pace to Over £2,000 a Month

London home rental costs jumped at a record pace in February, adding almost £200 a month to their payments, official figures showed in a report that highlights the scale of the capital’s housing crisis.

Published:

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.

Published:

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.

Published:

Sky News

Money blog: Coventry Building Society cuts mortgage rates - and ‘others will follow’

Coventry Building Society has responded to falling swap rates by announcing cuts to most of its mortgage rates. Read this and all the latest consumer and economic news in the Money blog. Leave your money...

Published:

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.

Published:

The Intermediary

UK economy sees 0.2% growth in January – ONS

Real GDP was estimated to have fallen by 0.1% in the three months to January 2024, compared with the three months to October 2023.

Published:

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.

Published:

FTAdviser

Lenders withdrawing rates with minimal notice ‘not fair’

Lenders withdrawing rates with only a couple of hours’ notice is “not fair on consumers or on brokers” and goes against consumer duty, according to brokers.

Published:

Evening Standard

Nationwide swoops on Virgin Money in controversial £2.9 billion deal

Deal lands £414m windfall to Richard Branson’s Virgin Group

Published:

The Intermediary

House prices up for fifth month on the spin, Halifax

The UK housing market sees a steady start to 2024 with a consistent rise in house prices, as industry experts call for interest rate cuts to sustain growth and support homebuyers.

Published:

Introducer Today

Experts slam lenders for ultra-short notice repricing of mortgage products

Experts slam lenders for ultra-short notice repricing of mortgage products

Published:

FTAdviser

Govt reportedly scraps 99% mortgage scheme after concerns

Brokers have said the government’s proposed 99 per cent mortgage scheme “would never have ended well” following reports the idea has been scrapped. government insiders report...

Published:

The Intermediary

Plans for 99% mortgages apparently scrapped - reaction from brokers

This comes following January reports that the Chancellor was set to introduce 1% deposit, or 99% loan-to-value (LTV) mortgages as part of the upcoming Spring Budget.

Published:

The Intermediary

House prices see 0.7% rise in February – Nationwide

The average house price was recorded at £260,420, compared to a slightly lower figure of £257,656 in January.

Published:

Sky News

Money latest: ‘Major uncertainty’ among borrowers amid mortgage ‘wave machine’

Brokers are saying the shift upwards in mortgage rates is affecting what had initially looked like a bright start to 2024. Read this and more in the Money blog, your place for consumer and economic news....

Published:

Property Industry Eye

What impact will government’s 1% deposit mortgage scheme have on the housing market? - Property Industry Eye

What impact will government’s 1% deposit mortgage scheme have on the housing market? - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting....

Published:

The Intermediary - Latest UK mortgage news

“Waiting for US to cut rates first risks destroying UK economy” – brokers

Newspage asked a selection of financial services experts how they would you rate the Bank of England’s performance over the past two to three years

Published:

inews.co.uk

Dutch-style mortgages - what are they and are they all they’re cracked up to be?

The mortgages will see homeowners’ interest rates fall as they pay off their loan or their property increases in value

Published:
Published:

This Is Money

Barratt snaps up Redrow for £2.5bn - will prices rise?

Advocates of the deal suggest it will help bolster Britain’s need for huge numbers of new homes, while others allege competition in the sector could be reduced, which could push up prices.

Published:

FTAdviser

Govt cannot expect people to pay mortgage if ministers struggle

Brokers have questioned how the government expects households to cope with increased mortgage costs if minsters themselves are struggling.

Published:

Birmingham Live

Nationwide issues £1,499 message to customers and says ‘this means’

The UK’s largest building society has moved to confirm it is introducing a new range of fixed and tracker rate products today (January 23).

Published:

FTAdviser

Govt considers ‘radical approach’ to homeownership with 1% mortgages

The UK government is exploring a 'radical approach to dismantling the towering barriers to homeownership' by offering 1 per cent mortgages, according to the Mortgage Uni mortgage expert, Peter Stamford.

Published:

The Independent

Mortgage and credit card default rates jumped in run-up to Christmas

Mortgage defaults expected to get ‘even worse’ over the coming months as high interest rates pile ‘immense’ pressure on households

Published:

The Mirror

Bank of England warns of mortgage and credit card debt crisis as defaults rise

The Bank of England has warned that default rates on mortgages and credit cards are rising - and are expected to increase further in the coming months

Published:

The Independent

Mortgage and credit card default rates jumped in run-up to Christmas – lenders

Default rates on mortgages and other types of lending are expected to increase in early 2024, according to a Bank of England survey of lenders.

Published:

Birmingham Live

NatWest announces new rules for mortgage customers ‘from today’

NatWest says the changes - announced on Monday - are for new and existing customers, taking its best deals below 4% in line with its competitors.

Published:

The Independent

Price war erupts as six of seven major mortgage lenders slash rates

Top mortgage broker says major lenders are now engaged in a price war as rates dip below 4 per cent

Published:

FTAdviser

Santander updates affordability calculator following NI reduction

Santander’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,...

Published:

Evening Standard

NatWest boss criticised for ‘extremely out of touch’ remarks on buying a home

Sir Howard Davies later said he ‘did not intend to underplay the serious challenges’ facing people when buying a home.

Published:

The Independent

Halifax cuts mortgage rates in new hope for home buyers

Britain’s biggest lender kickstarts 2024 by slashing rates by nearly 1 per cent

Published:

The Intermediary - Latest UK mortgage news

Bank of England slammed as UK stands on brink of recession

Brokers have accused the Bank of England of strangling the UK economy as new data shows that GDP shrank in the third quarter of the year.

Published:

FTAdviser

Recession fears arise as GDP falls

Recession fears have increased as the UK’s third quarter GDP was revised to an estimated fall of 0.1 per cent.

Published:

Yahoo Finance

Interest rates could be cut by March, City markets predict

But the Bank of England has been warning that rates may stay higher for longer than traders hope

Published:

Evening Standard

Interest rates could be cut by March, City markets predict

But the Bank of England has been warning that rates may stay higher for longer than traders hope

Published:

The Independent

What does Bank of England interest rates decision mean for my mortgage and savings?

‘Green shoots’ already appearing in housing market, expert suggests as market eyes rate cuts next year

Published:

Evening Standard

Average UK house price jumped for second month in a row in November – Halifax

Across the UK, property values jumped for the second month in a row, rising by 0.5% in November, or £1,394 in cash terms.

Published:

The Irish News

Average UK house price jumped for second month in a row in November – Halifax

Across the UK, property values jumped for the second month in a row, rising by 0.5% in November, or £1,394 in cash terms.

Published:

The Independent

Average UK house price jumped for second month in a row in November – Halifax

Across the UK, property values jumped for the second month in a row, rising by 0.5% in November, or £1,394 in cash terms.

Published:

Yahoo Finance

Barclays offers 90% mortgage with sub-5% interest rate after slashing prices twice in four days

Other lenders to announce cuts today include TSB and Accord

Published:

Evening Standard

Barclays offers 90% mortgage with sub-5% interest rate after slashing prices again

Other lenders to announce cuts today include TSB and Accord

Published:

Birmingham Live

Barclays announces new mortgage rates and has ‘blown the door off’

The headline grabbers, brokers said, were with Barclays, which revealed a 5-year fixed rate purchase mortgage

Published:

FTAdviser

Barclays rate reduction will ‘fire up’ the high street

Barclays’s announcement of the first sub-5 per cent 2-year fixed remortgage product in months will “fire up the rest of the high street”, EHF Mortgages managing director, Justin Moy,...

Published:

Introducer Today

It’s War - Lenders compete on price as sub-4% rates look likely

It’s War - Lenders compete on price as sub-4% rates look likely

Published:

London Property News

Barclays to ‘fire up rest of High Street’ with first sub-5% 2-year fixed remortgage product

Barclays has just announced the first sub-5% 2-year fixed remortgage product for months, which will go live on Friday. Brokers said it would fire up the rest of the High…

Published:

Mortgage Solutions

Brokers lament lack of stability after housing minister sacking ‒ analysis - Mortgage Solutions

The revolving door of the housing minister is actively harming the sector, holding back the chances of building enough homes, brokers have argued.

Published:

Gloucestershire Live

Inflation drop ‘fantastic’ news for people taking out a mortgage

Mortgage brokers said the substantial drop was great news for people taking out or renewing a mortgage as lenders battle for their business

Published:

Wales Online

‘Fantastic’ inflation drop ‘as good as it gets’ for borrowers

Mortgage brokers said the substantial drop was great news for people taking out or renewing a mortgage as lenders battle for their business

Published:

The Intermediary

Stamp duty cuts in Autumn Statement: “Idiotic doesn’t do it justice”

With the Treasury considering cuts to stamp duty in the Autumn Statement, or at least before a General Election, experts are divided on the move, with some welcoming it, but many more ridiculing it as...

Published:

Express.co.uk

UK economy doom as GDP flatlines and there is ‘no credible plan to save it’

EXCLUSIVE: The economy is in trouble and there is no credible plan to save it, a small business owner has said.

Published:

The Intermediary - Latest UK mortgage news

Wales Help to Stay scheme: “Help to Stay but of what - execution?” - brokers react

Brokers have expressed their concerns around a new ‘Help to Stay’ scheme launched in Wales, with one saying “Help to Stay but of what - execution?”.

Published:

Introducer Today

King’s Speech This Week - leasehold reform backed by mortgage bosses

King’s Speech This Week - leasehold reform backed by mortgage bosses

Published:

Birmingham Live

‘Music to ears’ warning issued to anbody with Lloyds, HSBC, Natwest mortgage

The Chair invited the Committee to vote on the proposition that Bank Rate should be maintained at 5.25 per cent.

Published:

FTAdviser

Leasehold reforms ‘good news’ for ‘more transparent’ sector

Recently confirmed leasehold reforms are “good news for people who want a clearer and more transparent housing sector”, Moor Mortgages director, Peter Stamford, has argued.

Published:

The Independent

17% annual slump in home sales in September – HMRC figures

Across the UK, an estimated 85,610 home sales took place in September 2023, which was also 1% lower than in August, HMRC said.

Published:

The Intermediary

Wage growth slowing quickly enough for the Bank of England to keep interest rates at 5.25% next month, economists

The deceleration in wage growth is expected to influence the Monetary Policy Committee’s (MPC) decision on the Bank Rate next month, according to economics research firm Pantheon Macroeconomics.

Published:

Financial Reporter

Metro Bank secures £925m rescue package

The Bank is also in discussions regarding the sale of up to £3bn of residential mortgages.

Published:

The Intermediary

Metro Bank secures financing with £325m capital raise and £600m debt refinancing

It said the funding would provide the opportunity to grow its specialist mortgage lending operation over the coming years.

Published:

Introducer Today

Is The Mortgage Price War Really Over?

Is The Mortgage Price War Really Over?

Published:

FTAdviser

Mortgage price war is ‘over’ as investors mark down BoE expectations

“The mortgage price war is over”, Mather and Murray Financial independent financial adviser, Samuel Mather-Holgate, has argued as investors mark down their bank rate expectations.

Published:

Financial Reporter

Halifax announces further cuts to mortgage rates

Halifax has launched a sub-6% deal at 95% LTV as part of the changes.

Published:

FTAdviser

Halifax reducing fixed rates a ‘lifeline’ for first time buyers

Halifax’s latest fixed rate cut is a “lifeline for first-time buyers”, The Mortgage Expert’s Darryl Dhoffer has claimed.

Published:

Sky News

Cost of living latest: Major lender to cut mortgage rates twice in a week

Halifax is set to reduce its mortgage rates on Friday - the second reduction in a week.

Published:

BirminghamLive

Halifax issues 48-hour message to customers and it’s a ‘lifeline’

One broke described the rates as “a lifeline for first-time buyers”.

Published:

The Intermediary

Halifax makes further mortgage rate reductions

Brokers told Newspage that this was a “lifeline for first-time buyers.”

Published:

Bridging & commercial

Mixed reactions to weak house price growth: ‘people are sitting on their hands’

House prices in September have not changed since August but remain down by 5.3% year-on-year by around £14,500, according to the latest Nationwide HPI.

Published:

The Intermediary

Brokers respond to Jeremy Hunt’s speech at Conservative Party Conference

Brokers and business owners have criticised the length and substance of Jeremy Hunt’s speech at the Conservative party conference.

Published:

Mortgage Professional

NatWest to cut rates once again

It will also introduce new products under its new business range

Published:

Introducer Today

Brokers Slam NatWest For ‘Not Acting In Consumer Interest’

Brokers slam NatWest for offering a sub-5.0% mortgage rate directly to consumers, bypassing brokers.

Published:

BirminghamLive

HSBC issues 24-hour message to any customer with a mortgage

The high street banking giant will cut rates for existing residential customer switching and borrowing, residential first-time buyers and home movers, residential remortgagers and residential remortgage...

Published:

BirminghamLive

NatWest slapped with complaints over ‘disgusting practice’

NatWest has come under fire for the move with brokes branded it “short-sighted”.

Published:

FTAdviser

BoE interest rate hold marks ‘new chapter for UK mortgage lending’

The Bank of England’s decision to hold interest rates is “quite simply fantastic news”, according to R3 Mortgages founder and director, Riz Malik.

Published:

Evening Standard

Interest rate hike pause ‘offers some relief to those struggling with mortgage costs’

The rate pause brings relief to mortgage holders but some finance experts suggested the best cash savings deals may not be around for much longer.

Published:

The Telegraph

‘Light at the end of the tunnel’ as mortgage rates expected to fall further

Surprise drop in inflation could mark peak in interest rates

Published:

FTAdviser

Latest inflation data is ‘signal’ to hold interest rates

The latest inflation data will “signal” to the Bank of England to hold interest rates at their current level and “kickstart the property market”, according to one broker.

Published:

BirminghamLive

Virgin Money issues 24-hour warning to anybody with an account

Accord have also today announced another wave of fixed rate cuts across their residential range, with up to 0.48% off their highest loan-to-value products.

Published:

Introducer Today

‘Terrifying’ leap in mortgage arrears

Terrifying leap in mortgage arrears

Published:

FTAdviser

Return of more sub-5% mortgage rates ‘now looking imminent’

The return of the sub-5 per cent five-year residential fixed rate is “now looking imminent” Coreco managing director, Andrew Montlake, has argued.

Published:

BBC News

Value of UK mortgage arrears jumps by a third - BBC News

The value of mortgage arrears jumped by almost 30% as interest rates increase.

Published:

Property Investor Today

Mortgage Top Slicing may be saviour of Buy To Let Investment

Mortgage Top Slicing may be saviour of Buy To Let Investment

Published:

Yahoo Finance

Value of mortgage balances with arrears rises by 28.8%

Strong wage growth could help to slow home repossession rates, experts said.

Published:

Forbes

Mortgage News: Nationwide Leads Latest Wave Of Cuts To Fixed-Rate Deals

We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and t

Published:

FTAdviser

Limited company structure keeps landlords afloat

Landlords looking to make ends meet amid a tight tax structure and rising interest rates are increasingly turning towards company structures, and many are growing their portfolios.

Published:

FTAdviser

Top slicing BTL applications is a ‘game-changer’

The launch of top slicing on buy-to-let applications by BM Solutions could be a “game-changer in buy-to-let applications”, according to R3 Mortgages founder and director, Riz Malik.

Published:

The Intermediary

“Positive news for borrowers” - brokers react to Bailey’s signalling of a potential slowdown of base rate increases

Andrew Bailey, the Governor of the Bank of England, said that the UK is transitioning from a phase of necessary rate increases to nearing the peak of the cycle.

Published:

Financial Reporter

BM Solutions introduces top slicing on buy-to-let

Top slicing will be available to non-portfolio landlords with total income above £100,000.

Published:

Your Money

Mortgage prices set to drop as base rate peak approaches - Your Money

Lenders are expected to continue cutting mortgage rates following comments from the Bank of England’s governor which suggested the base rate was nearing its peak.

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Mortgage Solutions

The Mortgage Works cuts select limited company rates and adds five-year fixes - Mortgage Solutions

The Mortgage Works (TMW) has reduced rates across select limited company mortgages by as much as 0.5 per cent.

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The Intermediary

The Mortgage Works cuts selected limited company rates

The reductions include a 2-year fixed rate at 5.99%, with a 3% fee, available up to 75% LTV.

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BirminghamLive

HSBC issues 24-hour warning to anybody with an account and ‘it starts tomorrow’

HSBC is making changes to its residential first time buyer and home mover offerings, as well as decreating rates for existing residential customer switches.

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The Intermediary

“Down-valuations are becoming the norm” – property experts reveal

Successfully appealing these valuation decisions is often extremely difficult, particularly given the current climate.

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Daily Record

Nationwide announces change starting today that affects anybody with an account

This warning has been issued to anyone with New Business, Switcher, Additional Borrowing and Existing Customers Moving Home accounts.

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This is Money

How much more will house prices fall in the UK?

House prices have fallen at the fastest pace in the last 12 months since 2009, the latest Nationwide data shows - but where will they go next?

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B&C

‘The housing market has gone into hibernation’ – industry reacts to sharpest house price decline since 2009

Nationwide’s latest HPI report shows that house prices fell by 0.8% month-on-month in August, with prices 5.3% below the peak in August 2022.

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BirminghamLive

Nationwide issues warning to anybody who owns house and says ‘it’s unsurprising’

The average UK house price fell in August at the sharpest annual rate seen in 14 years, according to an index.

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Express.co.uk

Mortgage expert accuses Bank of ‘failing the British public with every rate rise’

The Bank has already raised its base rate 14 times in a row. The Monetary Policy Committee (MPC) has steadily raised rates from 0.1 percent in December 2021 to 5.25 percent and is expected to vote for...

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BirminghamLive

Nationwide issues 24-hour warning to anybody with an account

This includes rates across the New Business, Switcher, Additional Borrowing and Existing Customers Moving Home range.

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This Is Money

Consumers warned of unexpected cuts to credit card limits

The effective interest rate on credit cards jumped by 34 basis points to a new record high of 20.76% in July, new data from the Bank of England shows.

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Mortgage Solutions

Coventry BS and Accord Mortgages adjust rates

Coventry Building Society has made a series of rate cuts across its mortgage products.

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The Intermediary

Product transfers hit record high in Q2 - UK Finance

Q2 2023 saw 84% of remortgaging deals being internal product transfers.

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BirminghamLive

Barclays issues 24-hour warning and says ‘it starts tomorrow’

The high street banking giant says cuts are coming across its Residential and Buy to Let new lending and Reward ranges.

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The Intermediary

Barclays to make further mortgage rate cuts

The lender will be reducing its 2-year fixed 60% loan-to-value (LTV) product from 6.13% to 5.98%.

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Financial Reporter

NatWest cuts buy-to-let stress rates

Brokers discussed why NatWest is taking a different path from Santander.

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FTAdviser

Santander tightening buy-to-let affordability ‘disaster’ for market

Santander increasing its interest cover ratio calculations is a “disaster for the buy-to-let sector” and could lead to a “housing crisis in the making”, one broker has claimed.

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FTAdviser

PMI data ‘dire’ for economy but good for mortgage holders

Recent data from the purchasing managers’ index gave a “dire” outlook for the economy, but could “spell good news” for mortgage holders, Shaw Financial Services founder, Lewis Shaw, has claimed.

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Financial Reporter

Energy efficiency not important for home buyers, brokers say

Most brokers said that none of their clients considered a property’s energy rating as a primary concern.

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The Intermediary

TSB latest lender to announce rate cuts, as swaps edge down

With 2- and 5-year swap rates also coming down over the past 24 hours, brokers welcomed the move by the TSB, albeit with caveats.

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Financial Reporter

TSB announces rate cuts as swaps edge down

Brokers welcomed the latest rate cuts, but noted that the next rate rise decision from the Bank of England would be crucial in the future path of mortgages.

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Landlord Today

Mortgage lenders slammed for ‘daylight robbery’ on BTL arrangement fees

Landlords and brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees.

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Mortgage Professional

How is the buy-to-let mortgage market performing?

Brokers weigh in on the current landscape

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Mortgage Strategy

Barclays cuts mortgage rates by 0.3% – Mortgage Strategy

Barclays has announced a reduction in certain mortgage rates across its residential, buy-to-let and Reward ranges starting from tomorrow (August 15th) - with notable decreases of 0.3% for product transfers...

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inews.co.uk

Mortgage ‘mini price war’ heats up as Barclays becomes final major lender to drop rates

Barclays has joined all the other major lenders in dropping its mortgage rates

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Evening Standard

Barclays mortgage rate cut means ‘Big Six’ have all lowered prices within a week

This week’s inflation announcement may determine if rates keep fallling or start rising again

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Estate Agent Today

Good economic news could be bad for housing market - warning

Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market.

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FTAdviser

Buy-to-let arrangement fees ‘border on profiteering’

Buy-to-let arrangement fees “border on profiteering” and are causing “extreme financial distress” to landlords, according to one broker.

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The Intermediary

Landlords accuse lenders of ‘daylight robbery’ on buy-to-let arrangement fees

One landlord has described the fees as daylight robbery, while another said the fees “border on profiteering, as they are causing extreme financial distress to landlords.”

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Daily Mail

Number of landlords falling behind with mortgage payments rises 41%

Experts warned landlords may either increase rents to help cover their monthly mortgage shortfall, or even sell their properties and quit buy-to-let altogether.

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The Telegraph

Bank of England rate rises push mortgage costs up by a fifth

Bleak outlook for landlords as many fall behind on repayments

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Express.co.uk

Halifax will slash fixed mortgage rates despite base rate increase

HSBC and TSB have also reduced selected fixed rate mortgage products in recent weeks.

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The Guardian

NatWest and Virgin Money cut rates as mortgage ‘price war’ spreads

Big lenders become latest to reduce borrowing costs, joining four other UK home loan providers this week

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News and Star

Halifax, NatWest and First Direct join stream of lenders cutting mortgage rates

HSBC UK, Nationwide Building Society and TSB were also among lenders announcing mortgage rate cuts this week.

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Mortgage Professional

Halifax announces mortgage rate cuts

Brokers predict a price war is coming

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Evening Standard

‘It gets better and better’ — Natwest is latest major lender to cut mortgage rates

Natwest follows Halifax, HSBC, Nationwide and TSB, among others, in bringing its rates back down after a wave of increases

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Your Money

Mortgage arrears and house repossessions surge as rate rises hit home - Your Money

Around 81,900 homeowner mortgages are in arrears of 2.5 per cent or more of the outstanding balance in the second quarter of the year.

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Mortgage Solutions

Arrears rise seven per cent with surge in BTL

Around 81,900 homeowner mortgages are in arrears of 2.5 per cent or more of the outstanding balance in the second quarter of the year.

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The Independent

Banks offer relief for homeowners as mortgage rates slashed

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

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The Intermediary

Halifax to introduce rate cuts across 5-year fixed rate products

The move aligns with other lenders’ decisions (namely HSBC and TSB) to decrease selected rates, despite the latest hike in the base rate to 5.25% last week.

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Financial Reporter

HSBC cuts mortgage rates and reintroduces cashback

Rates have reduced by up to 0.35%.

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Yahoo Finance

Major lenders poised to reduce some mortgage rates

Nationwide Building Society, HSBC UK and TSB are expected to cut some home loan rates from Wednesday.

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The Sun

Lenders CUT mortgage rates despite Bank of England hike - what it means for you

A NUMBER of big lenders are set to slash mortgage rates despite the Bank of England’s (BoE) recent base rate hike. Nationwide, HSBC and TSB are poised to make reductions on their products fro…

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FTAdviser

BoE’s appointment of former Fed chair for review is ‘humiliating’

The appointment of US Federal Reserve ex-chairman, Ben Bernanke, to oversee a review of the Bank of England’s economic forecasting is “frankly humiliating”, R3 Mortgages founder and director, Riz Malik,...

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Mortgage Professional

Bank of England interest rate reaction – brokers give their verdict

Many believe small businesses will feel the full force of this decision

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Sky News

Cost of living - latest: House prices see biggest drop for 14 years - as experts predict what happens next

The closely watched Nationwide House Price Index shows the biggest annual drop in prices for well over a decade - at 3.8%.

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FTAdviser

Action to treat brokers fairly will lead to better client outcomes

A initiative to treat brokers fairly, unveiled by Tandem Bank, will “ultimately result in better outcomes for clients as well”, one broker has said.

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Financial Reporter

Halifax ups maximum age to 75 for mortgage lending

Brokers discussed the pros and cons of taking a mortgage to the age of 75.

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inews.co.uk

Mortgage rates may fall further as Bank of England nears end of interest hikes, experts predict

Fears over a house price crash also recede as buyers begin to return to the market, according to new official figures

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This Is Money

Property transactions remain subdued

The number of homes bought and sold dropped in June compared to the same month last year, according to the latest Government data, as household finances remain under pressure.

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The Intermediary

Property transactions dip year-on-year but show monthly recovery in June, HMRC

The latest HMRC data on residential and non-residential property transactions in the UK for June 2023 shows a mixed picture of declining yearly growth but an increase in monthly activity.

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The Independent

House sales down by 15% in June compared with same month in 2022

Home transactions were 6% higher in June than in May, but this may be explained by a higher number of working days in June, HMRC said.

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FTAdviser

Brokers: 40-year mortgages are ‘bonkers idea’

Brokers have claimed that 40-year mortgages are a “bonkers” idea that will leave customers “more vulnerable” to interest rate changes.

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Evening Standard

Homeowners hope mortgage rates have peaked as Nationwide cuts prices

Nationwide joins HSBC and Barclays among top lenders in lowering its rates

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CityAM

Nationwide and TSB reduce rates on mortgage deals

Nationwide and TSB joined HSBC in reducing rates on a range of mortgage products today, as rates on mortgages continued to come down after last week’s inflation reading.

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Evening Standard

Homeowners hope mortgage rates have peaked as Nationwide cuts prices

Nationwide joins HSBC and Barclays among top lenders in lowering its rates

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Introducer Today

Interest rates WILL go up next week … and maybe after that

Interest rates WILL go up next week … and maybe after that

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FTAdviser

HSBC becomes first high street lender to reduce rates

HSBC 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.

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Portal G7

As taxas de hipoteca sobem novamente para superar o pico do mini-orçamento de Liz Truss

Proprietários de casas enfrentam novos problemas com as hipotecas depois que as taxas ultrapassaram o pico observado após o desastroso chamado mini-orçamento

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Portal G7

O Banco da Inglaterra alertou que as taxas de juros de 7% enviariam uma onda de choque ao mercado imobiliário

O Banco da Inglaterra foi avisado que aumentar as taxas de juros para 7% pode causar ondas de choque no mercado imobiliário britânico e fazer cair os preços

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The Telegraph

Barratt slashes housebuilding plans as fears grow over Gove’s target

MPs warn that Government will fall short of promised 300,000 homes a year

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The Independent

Bank of England warned 7% interest rates would send shock wave through housing market

A leading economist says there is ‘no need to panic’ as Britain is ‘not in an 07-08 scenario’

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Sky

Biggest increase in mortgage defaults since 2009, survey of lenders finds

The Bank of England’s Credit Conditions Survey also reported that firms expect demand for mortgages to drop in the third quarter. It comes amid growing concern over the cost of mortgages for many households.

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Mortgage Strategy

Cover feature: Brokers call for fair warning – Mortgage Strategy

What do we want? Twenty-four hours’ notice for product withdrawals. When do we want it? Now! The message from the broker community is loud and clear when it comes to lenders’ last-minute product pulls....

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Moneyweek

ONS: House price growth flattens in May

A fall in house price growth has wiped £7,000 off September 2022’s peak. Meanwhile, private rental prices are rising at their fastest rate for seven years

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FTAdviser

Mortgage rate reductions unlikely despite inflation data

A “flurry” of mortgage rate reductions are still unlikely even after the better than expected inflation data published this week, according to Windsor Hill Mortgages director, Elliot Cotterell.

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Manchester Evening News

Average UK house price is £7,000 below last year’s peak

The average UK house price in May 2023 was £286,000

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Evening Standard

Average UK house price is £7,000 below peak seen last September

Property values increased by 1.9 per cent annually in May this year, compared with a 14.1 per cent annual uplift seen in July 2022

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IFA Magazine

Land Registry May house price index - “downward pressure on house prices was inevitable” - reaction

Following the May Land Registry house price index published this morning, industry experts have shared their thoughts about the data with IFA Magazine. It’s be

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Express.co.uk

Britons to suffer US-style crash as UK housing market ‘a total omnishambles’

EXCLUSIVE: Borrowers in Britain and the US are suffering as mortgage rates climb and house prices fall.

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Mortgage Solutions

Lenders expect mortgage defaults to rise in Q3 – BoE - Mortgage Solutions

Mortgage lenders have reported that losses and defaults rose in Q2 and this is expected to go up in Q3.

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Property Industry Eye

‘Glimmer of hope’ for borrowers as mortgage rates may be nearing peak - Property Industry Eye

‘Glimmer of hope’ for borrowers as mortgage rates may be nearing peak - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for...

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FTAdviser

‘Too early to tell’ whether swap rates are on way down

It is “too early to tell” whether swap rates are on the way down Large Mortgage Loans founder and CEO, Paul Welch has stated.

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The Independent

Mortgage defaults expected to increase in months ahead, say lenders

The availability of mortgages is expected to decrease by the end of August, according to the Bank of England’s credit conditions survey.

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The Independent

Mortgage rates soar again to surpass Liz Truss mini-budget peak

As the Bank of England’s recent rate hikes push up the cost of borrowing, average two-year fixed-rate deals reached 6.66 per cent

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Evening Standard

Two-year mortgage rates hit 15-year high of 6.66%

The current rate is higher than in the wake of the mini-Budget

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Financial Reporter

Brokers reveal biggest ‘pet peeve’ with networks

Brokers shared positive and negative experiences of partnering with networks.

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The Times

Five-year mortgage rates average 6% for first time since Truss fiasco

The average five-year, fixed-rate mortgage has topped 6 per cent for the first time since November as banks and building societies continue to push up rates. F

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Financial Reporter

Average five-year fix surpasses 6% - brokers react

Brokers noted that rates are still available below 6% but predict rates to rise further.

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The Intermediary

UK inflation rate stands at 8.7%, highest since 1981

Meanwhile, the core inflation rate, which excludes volatile elements like energy and food costs, reached its highest level since 1992.

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The Guardian

Sunak says no extra help with mortgages as fixed rates climb to 6%

Prime minister says no new support available for households struggling to pay loans

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Daily Mail

TSB gives just four hours before withdrawing mortgage products

TSB has today given less than four hours notice before discontinuing a selection of its mortgage products, irking brokers.

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The Independent

Government urged to end ‘mortgage horror show’ as average two-year rate tops 6%

Calls for intervention were made as the average two-year fixed-rate mortgage deal topped 6% for the first time this year.

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The Telegraph

Sunak rejects extra mortgage support as two-year rate hits 6pc - latest updates

Rishi Sunak has said there will not be any extra help given to people who are struggling with mortgage payments as the average two-year rate passed the 6pc mark for the first time since December.

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The Guardian

Average two-year fixed rate mortgage deal hits 6% for first time this year, as Sunak rules out extra help – business live

Average mortgage rates hit highest level since December, as asking prices for British homes fall in June for the first time in six years

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Business Telegraph

HSBC temporarily withdraws mortgage deals for new borrowers

HSBC has temporarily withdrawn mortgage deals for new borrowers due to a surge in demand ahead of expected rate rises. The bank said on Thursday it would remove all its “new business” residential and buy-to-let...

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IFA Magazine

Are AirPods good or bad for office culture? Small business owners share their views

UK newswire, Newspage, asked a selection of business owners, from HRs and marketers to mortgage brokers and IFAs, whether wearing AirPods in the office is ant

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The Guardian

HSBC temporarily withdraws mortgage deals for new borrowers

Bank removes all its ‘new business’ residential and buy-to-let products after surge in demand

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The Independent

HSBC pulls mortgage products for new borrowers ahead of rates hike

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products before relaunching on Monday

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BBC News

HSBC withdraws mortgage deals for new borrowers

The bank said on Thursday it would temporarily pull new deals, indicating mortgage market pressures.

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Mortgage Solutions

Support for 24-hour notice surges as HSBC and Nationwide make sudden withdrawals

HSBC and Nationwide have announced last minute mortgage withdrawals today, further fuelling pleas from brokers to extend product change notice periods.

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Mortgage Professional

Big lenders announce mortgage product changes

HSBC withdraws certain products, Nationwide adjusts rates

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Mortgage Solutions

Advisers urge lenders to agree minimum 24-hour withdrawal notice period

Brokers have called on lenders to pledge to provide a minimum notice period of 24 hours to withdraw products, pointing to widespread removals over the past few weeks and heightened market uncertainty.

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Mortgage Professional

Lenders urged to provide minimum notice period on product withdrawals

Brokers ask for a notice period of at least 24 hours

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AOL

Mortgage mayhem: More lenders up interest rates on fixed deals

Average rate on two-year fix rose from 5.72 per cent to 5.75 per cent on Tuesday

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The Intermediary

Mortgage brokers call on lenders to establish a minimum notice period for product withdrawals

Mortgage brokers — Riz Malik, Jamie Lennox, and Lewis Shaw — are leading the call, asking that lenders sign a pledge to provide a minimum notice period of 24 hours to all affiliated brokers before withdrawing...

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Evening Standard

Mortgage mayhem: More lenders up interest rates on fixed deals

Average rate on two-year fix rose from 5.72 per cent to 5.75 per cent on Tuesday

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Mortgage Professional

UK house prices fall – what does it mean for the mortgage market?

Brokers have reacted to Nationwide’s latest house prices data

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FTAdviser

Brokers renew calls for mandatory rate withdrawal notice periods

Following the withdrawal of 10 per cent of mortgage deals in the past week, mortgage brokers have again called for mandatory notice periods from lenders.

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This Is Money

House prices fell at fastest pace since 2009 in May, Nationwide says

Property values fell by 3.4% annually in May, the biggest drop seen since July 2009 when an annual fall of 6.2% was recorded, according to Britain’s biggest building society.

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Ilford Recorder

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1 month on month and by 3.4 annually in May, Nationwide Building Society said.

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The Northern Echo

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1 month on month and by 3.4 annually in May, Nationwide Building Society said.

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Evening Standard

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1% month on month and by 3.4% annually in May, Nationwide Building Society said.

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Daily Mail

Jobs that may be ripped into 40p tax band if wages rise with inflation

Experts expect inflation to increase prices by more than 9% by 2027, and if the amount people earn matches, those currently earning as little as £46,000 could be dragged into the higher band.

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IFA Magazine

GDP Q1 data - “It’s more a question of how long we have left rather than how well we’re doing” - reaction from small businesses

Following this morning’s GDP data, which showed GDP fell by 0.3% in March 2023, after showing no growth in February 2023, and grew by 0.1% in the three month

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BBC News

First time buyers: how much can I borrow?

With rents rising, more people are crunching the numbers to see if they can afford to buy.

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The Telegraph

Children stuck living with parents until 24 after house price surge

Number of millennials living under parents’ roof hits 4.9m in England and Wales

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Mortgage Solutions

Skipton’s 100 per cent LTV product ‘welcome step in the right direction’

Brokers have broadly welcomed Skipton Building Society’s track record mortgage product saying it could help a cohort of generation rent onto the property ladder and encourage more innovation in the sector.

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Financial Reporter

Brokers support return of 100% LTV mortgages

Skipton launched a 100% LTV mortgage for renters this morning.

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Mortgage Solutions

New Help to Buy ‘should be more targeted and expand beyond new build’ ‒ analysis - Mortgage Solutions

A new Help to Buy scheme should include the existing housing stock and be more targeted at helping the most in-need first-time buyers, brokers have argued.

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Mortgage Strategy

Cover feature: Work in progress - WFH or back in the office? – Mortgage Strategy

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...

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IFA Magazine

Fintech versus high street lenders - brokers deliver their verdict and identify pros and cons

Newspage®, asked mortgage brokers and financial services tech experts how fintech lenders compare to traditional high street lenders. The views of brokers

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Mortgage Professional

How do high street and fintech lenders compare?

Brokers examine the benefits of high street versus fintech lenders

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Financial Reporter

What are the pros and cons of fintech vs high street lenders? - brokers react

Brokers were split on the potential strengths of fintech mortgage lenders.

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Mortgage Solutions

Customers warned of ‘ambulance-chasing’ firms promising stamp duty refunds

Brokers, lawyers and IFAs have warned customers of “ambulance-chasing” companies promising sizeable stamp duty refunds on a no-win no-fee basis.

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Express.co.uk

High interest rates ‘temporary’ and may slide back to pre-Covid levels

Amid a period of surging mortgage rates, analysts predict interest rates are likely to revert to pre-pandemic levels.

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The Intermediary

Interest rates to return to low levels once inflation calms, IMF

The IMF’s World Economic Outlook says rates are likely to head back to the historic lows if the country gets on top of inflation.

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Newspage News

Warning shots fired by experts over Stamp Duty Refund Companies. Public likely to ignore…

Countless empirical studies* have shown that it takes roughly 0.05 seconds for a human being of average intelligence to conclude that stamp duty refund companies have a bit of a whiff about them an…

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Mortgage Solutions

Network data table: Stonebridge biggest gainer in battle for brokers ‒ analysis

Stonebridge saw the biggest growth in AR numbers among regular mortgage networks last year, new analysis has found.

Published:

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

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Mortgage Solutions

Public’s trust in Martin Lewis ‘an opportunity’ for advisers ‒ analysis

The financial services industry is responsible for the lack of trust it enjoys from clients, compared with the likes of Martin Lewis, brokers have suggested.

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The Intermediary

House prices drop for seventh consecutive month amid sluggish market activity

House 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.

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Your Money

Borrowers stuck on 7% default rates as Land Registry backlog ‘beyond a joke’ - Your Money

Homeowners remortgaging their properties are coming off cheap fixes onto pricey standard variable rates of up to 7.5% because of big delays - up to two years - at HM Land Registry (HMLR).

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Daily Express

Hope still for 2023 - Bank of England chief gives glimmer of optimism

Bank of England governor Andrew Bailey says despite raising interest rates, he is “much more hopeful” for the economy.

Published:

IFA Magazine

UK Inflation unexpectedly jumps to 10.4% in February - advisers and mortgage experts share their responses

With the latest UK inflation data published this morning showing an unexpected jump to 10.4% to the end of February from 10.1% in January, it will not only give

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The Intermediary

Credit Suisse acquisition by UBS “may be a saving grace for UK borrowers”

Following the UBS acquisition of Credit Suisse, many are suggesting that the Bank of England may hold rates this week.

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FTAdviser

UBS takeover of Credit Suisse spooks markets

Global markets opened lower this morning (March 20) as fears grow over the stability of the banking sector after UBS’s takeover of Credit Suisse was agreed.

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Financial Reporter

Should the mortgage industry make use of AI tools? - brokers react

Mortgage brokers were split on whether the use of AI tools like ChatGPT would be a help or hindrance to the conveyancing and remortgage process.

Published:

Daily Mail

Budget case studies: Britons react to Jeremy Hunt’s announcements

Britons were today reacting to Chancellor Jeremy Hunt after he said the UK will avoid entering a recession with the economy ‘proving the doubters wrong’.

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Mortgage Professional

Worst time to buy a house in 150 years - reaction

First-time buyers are being hit with the brunt of economic challenges

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Financial Reporter

Will the latest GDP data influence next week’s rate rise decision?

Brokers discussed what rate decision they believe the Bank of England will make.

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Mortgage Professional

Offset mortgages – “customers eager to learn more”

Market conditions are leading many to explore non-standard mortgage options

Published:

This Is Money

Landlords enjoy greater buy-to-let mortgage choice

The number of buy-to-let mortgage products on offer has rebounded to levels last seen in August 2022, before the mini-budget sent borrowing markets into a frenzy.

Published:

IFA Magazine

Halifax February House Price Index - reaction from lenders, estate agents and brokers

Following the Halifax February House Price Index announcement, brokers, estate agents and property experts have shared their thoughts with IFA Magazine via Ne

Published:

Mortgage Professional

Remortgaging landlords upping rental prices

68% of landlords intend to increase rental prices when they remortgage

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Mortgage Solutions

Boost building, review Rent a Room and tweak tax to improve housing stock use

The government needs to improve the incentives offered by the Rent a Room scheme, as well as crank up the level of housebuilding, in order to improve how efficiently we use our homes, brokers have argued.

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Mortgage Solutions

Barclays buyout will make Kensington a ‘lender to be reckoned with’ – broker reaction

Barclays’ acquisition of Kensington Mortgages could reinforce its existing proposition and signal the start of high street lenders diversifying into new markets.

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Mortgage Professional

Bank of England base rate – will it rise further?

A host of industry experts chime in

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Mortgage Strategy

Barclays completes acquisition of Kensington Mortgages – Mortgage Strategy

Barclays Bank UK has completed the purchase of Kensington Mortgages for £2.4bn. Kensington, which has 600 staff and specialises in offering mortgages to the self-employed and borrowers with more complex...

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Financial Reporter

Barclays Bank completes purchase of Kensington Mortgages

The acquisition allows Barclays to broaden its specialist mortgage offering.

Published:

FTAdviser

Advice firms show limited appetite for four-day working week

Advice and mortgage firms have expressed scepticism and limited interest in rolling out a four-day work week, despite the success of the world’s largest trial.

Published:

Mortgage Professional

Lloyds publishes full-year results

It sets aside an impairment charge of £1.5 billion

Published:

Mortgage Finance Gazette

Purplebricks looking at sale on back of profit warning – Mortgage Finance Gazette

Purplebricks could be sold after the group warned that costs from a “turnaround plan” had proved higher than expected. In a statement released today, the U

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Mortgage Strategy

Purplebricks considers sale after it announces profit warning

Purplebricks could be sold after the group warned that costs from a “turnaround plan” had proved higher than expected. In a statement released today, the UK online estate agent said while its brand had...

Published:

FTAdviser

Brokers sceptical of calls for green stamp duty rebate

Mortgage brokers have said a stamp duty rebate to help homeowners retrofit their properties to make green home improvements is a good idea in principle but in reality is unlikely to be successful

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Yahoo Finance

HSBC launches new 5-year deal as mortgage market hots up

MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day. While the Bank of England is still signalling that interest rates should keep rising for the near...

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Evening Standard

HSBC launches new 5-year deal as mortgage market hots up

Mortgage brokers say the market for home loans is roaring back, with cheaper loans coming on every day.

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Mortgage Solutions

Mortgage pricing may hold steady

Fixed mortgage interest rates could stay fairly stable despite today’s base rate increase, the industry has predicted.

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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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FTAdviser

Mortgage approvals plummet further

Mortgage approvals fell for a fourth consecutive month in December 2022 reaching the lowest level seen since May 2020 during the first lockdown

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IFA Magazine

Inflation dip - Comment from brokers and IFAs on what this might mean for mortgage rates

Inflation has dipped for the second month in a row. Will this mean there’s less pressure on the Bank of England to raise the base rate? Mortgage brokers and IFAs were asked what impact the inflation dip might...

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B&C

LIVE: Inflation falls to 10.5% and average house price drops slightly to £295,000 — industry reacts

The office for National Statistics (ONS) has revealed that the Consumer Price Index (CPI) has fallen to 10.5% in the 12 months to December 2022, down from 10.7% in November.

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Mortgage Solutions

The eight watchwords that will define the mortgage market in 2023

As we kick off a new year, Mortgage Solutions reveals the words that those in the industry think will characterize 2023.

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Mortgage Solutions

First-time buyers will be ‘active’ this year despite headwinds

First-time buyers will continue to be motivated this year to buy, possibly benefitting from falls in house prices.

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Mortgage Solutions

Mortgage pricing: where are we now and what can we expect? - Mortgage Solutions

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.

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Financial Reporter

What will happen to buy-to-let in 2023?

Some mortgage brokers predict an exodus, while others believe next year could be an opportunity for savvy and cash rich landlords.

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Mortgage Solutions

Next year will be ‘survival of the fittest’ for landlords unless lenders innovate

Demand 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.

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Mortgage Solutions

Rate cuts, the rise of PT and ‘suffering’ BTL: Broker expectations for 2023

In anticipation for 2023, Mortgage Solutions talked to brokers to ask what their expectations are for next year and how brokers can prepare.

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The Telegraph

Tears and tantrums for landlords and tenants as buy-to-let boom implodes

With interest rates still rising, many landlords are desperately trying to sell up

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The Intermediary

Should the Bank of England raise interest rates later today? Brokers give their take

The Bank of England is widely expected to increase interest rates by 0.5% today as the cost of living crisis continues to plague the country.

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IFA Magazine

Should the Bank of England increase interest rates today? advisers and mortgage brokers give their verdicts

It is widely anticipated that, in their pursuit of trying to curb double-digit UK inflation, the Bank of England’s MPC will today decide to hike interest rates

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Mortgage Solutions

Second charge will be ‘big business’ in 2023 – analysis

Second charge will continue to grow in popularity next year due to rising cost of living, higher remortgage costs and more people coming to term end on fixed rates next year.

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Financial Reporter

Mortgage brokers undergoing mental health training ahead of recession

Newspage asked brokers what they’re doing to help support clients who may be struggling emotionally as well as financially.

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IFA Magazine

Mental Health training and mortgage advice: brokers going above and beyond to support clients’ needs

Yesterday, IFA Magazine highlighted the responses of a number of brokers to a report which linked depression to the cost of living crisis - including mortgage w

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The Intermediary

Mental health training and mortgage advice: How are brokers supporting struggling clients?

A report published by the ONS earlier this week revealed a clear link between depression and people struggling with mortgage and rent payments, energy bills, and increased personal debt.

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IFA Magazine

Halifax Nov House Price Index: reaction from estate agents and brokers

Following the Halifax November house price index announcement that highlighted that the UK housing market is continuing to slow, a selection of estate agents a

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The Telegraph

House prices fall at fastest rate since peak of pandemic

Downturn quickens as values fall for the third month in a row, Nationwide data reveals

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The Intermediary

Annual house price growth slowed to 4.4% in November from 7.2% in October

Nationwide’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%.

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Mortgage Solutions

Christmas has come early for mortgage activity, ‘but not in a good way’

The mortgage market has gone ‘into hibernation’, with activity levels dropping below even those typically seen in this quiet period of the year, brokers have suggested.

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Freelance Informer

Can creating a lifestyle business beat being a unicorn?

Freelancers say striving to become a unicorn is not all it’s cracked up to be. Is becoming a lifestyle business a better choice?

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FTAdviser.com

House price growth slows even further in November

House price growth has seen its largest monthly fall in over two years as growth drops from 7 2 per cent in October to 4 4 per cent in November

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IFA Magazine

A lifetime mortgage rate starting with a 5? More2Life listens and acts following a mortgage broker’s request

IFA Magazine has heard of a fantastic example of lenders and brokers working together to try and find solutions for hard pressed borrowers in today’s challeng

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FTAdviser.com

‘Try not to worry’ when remortgaging in negative equity, say brokers

There will be more people falling into negative equity as house prices are expected to fall but brokers have encouraged people to stay calm and speak to their lenders

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Financial Reporter

What are the options for borrowers remortgaging in negative equity?

Brokers discuss the impact of a reduction in house prices moving into 2023.

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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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acast

What the Autumn Statement means for property and mortgages

Jeremy Hunt announced a raft of tax measures and spending cuts in his first Autumn Statement. This CPD podcast explores what the new government’s Autumn Statement will mean for property sales, mortgage...

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Mortgage Solutions

High LTV deals could drop amid expected house price falls – broker reaction

More lenders may follow Virgin Money’s decision to temporarily remove high loan to value (LTV) (95 per cent loan) mortgages resulting in a lack of options for those with smaller deposits, brokers are speculating.

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Your Mortgage

Virgin Money pulls 5% deposit mortgages

The lender has temporarily withdrawn its 95% mortgages to monitor market conditions, but could others follow?

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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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Mortgage Solutions

Property transactions hold up in October – HMRC

Seasonally adjusted residential property transactions reached 108,480 in October, a 38 per cent rise on the same month last year.

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FTAdviser.com

Property sales down 3% as industry prepares for deals to ‘plummet’

Residential property transactions fell 3 per cent in October but developers anticipate house sales to plummet further in the coming months

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Mortgage Solutions

US mortgage rates tumble – view from across the pond

Mortgage rates in the US have tumbled, according to Freddie Mac. Could the UK be about to follow its transatlantic cousin?

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Mortgage Strategy

Autumn Statement: Industry reaction

The mortgage industry has reacted to the Autumn Statement this lunchtime, with some suggesting it will “restore confidence” while others claim areas of the sector “have been bypassed”. Lodestone Mortgages...

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The Scotsman

’Landlording is no longer a viable investment strategy: property experts fear autumn statement could stifle BTL market

Cuts to the capital gains allowance announced in the autumn statement could be “the final nail in the coffin” for small-scale buy-to-let owners, meaning such activity is “no longer a viable investment...

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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

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Mortgage Solutions

Brokers urge Hunt to ‘stay away’ from mortgage market ahead of Autumn Statement

Brokers want to see no “nasty surprises” in tomorrow’s Autumn Statement that could cause further turmoil in the mortgage market.

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Mortgage Professional

Industry’s verdict as UK economy shrinks in Q3

As GDP falls again, economic outlook for many businesses is ‘daunting’

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Your Money

Fixed rate mortgage mayhem: Three alternatives to locking in a pricey deal - Your Money

Fixed rate mortgage deals jumped in the aftermath of the disastrous mini Budget, and while some homeowners rushed to lock in, others have taken out alternative mortgage deals.

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Property Week

Stamp duty cut could reduce house price drop if it survives Autumn statement

Mortgage experts have predicted the cut in stamp duty could help lessen the blow to house prices if it survives the Autumn statement on 17 November.

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Mortgage Solutions

‘Underrated’ offset mortgages are a key tool in the broker arsenal – analysis

Offset mortgages could grow in popularity in the coming months and should be a more discussed tool in the broker arsenal.

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FTAdviser.com

Lenders need to innovate to save BTL, brokers say

Mortgage 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

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Mortgage Solutions

Five ways brokers are bridging the borrower knowledge gap – analysis

Borrowers are as confused, nervous and disturbed by the state of the mortgage market as ever and brokers need to bridge that knowledge gap

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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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The Sunday Times

Mix and match your mortgage deals to beat those rising rates

Reluctant to lock into an expensive loan in an uncertain market? Hedge your bets a bit instead, says Imogen Tew

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Southend Echo

Southend property expert says PM ‘may as well join I’m a Celeb’ if house prices fall by 30 per cent

A Southend property expert has said Rishi Sunak can “forget winning the next General Election” if house prices fall by almost a third.

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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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Mortgage Finance Gazette

Stamp duty receipts and transactions robust in Q3: HMRC

Stamp duty transactions lifted by 10% in the third quarter of the year compared to the previous three months, according to HM Revenue & Customs, while

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Mortgage Strategy

Stamp duty transactions and receipts rise in Q3: HMRC

Stamp duty transactions lifted by 10% in the third quarter of the year compared to the previous three months, according to HM Revenue & Customs, while receipts rose by 11%. The rise in transactions in...

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FTAdviser.com

House prices fall for first time since July 2021

House prices in the UK fell for the first time since July 2021 last month as the sector reckoned with the impact of September s mini Budget and the subsequent economic fallout

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IFA Magazine

Nationwide October House Price Index

The Nationwide October house price index has revealed a sharp slowdown in annual price growth. Below, a selection of mortgage and property experts share their t

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Mortgage Solutions

Help to Buy will leave a ‘mixed legacy’ – analysis

As the Help to Buy scheme closes for new applications from today, brokers reflect on its legacy - the ups and the downs.

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The Intermediary

House prices register first monthly decline since July 2021 - Nationwide

On an annual basis house prices are still up 7.2%, albeit down from 9.5% registered in September.

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Mortgage Solutions

Risk of limited company BTL mortgage prisoners on the rise ‒ analysis - Mortgage Solutions

The changes to limited company buy-to-let mortgage products in the fallout from the mini Budget risk creating a swathe of landlord mortgage prisoners, it has been claimed.

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Mortgage Strategy

Resignation of prime minister Liz Truss: Industry reaction | Mortgage Strategy

Liz Truss’ resignation as prime minister has been welcomed by those within the mortgage sector with Staton Mortgages director Mike Staton suggesting she only made one correct decision during her time “and...

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Mortgage Solutions

Mortgage professionals speak out after Liz Truss resigns – analysis - Mortgage Solutions

The mortgage industry reacts with gallows humour, demands for an election and calls for economic stability after Liz Truss resigns as PM.

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Mortgage Strategy

Inflation returns to double figures in September: ONS | Mortgage Strategy

Inflation in the UK was 10.1% in September, the latest data from the Office for National Statistics (ONS) shows. Housing and housing services, food and non-alcoholic beverages, and transport made the largest...

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Express.co.uk

UK recession fears as inflation hits 10.1% after mini-budget chaos

The UK economy continues to come under huge pressure on a crucial day for Prime Minister Liz Truss.

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FTAdviser.com

Mortgage lender pulls pre-offer rates as borrowers face 8% interest

Bluestone Mortgages made the decision last week to pull all its pre offer rates after telling brokers the scale of rises in swap rates had made its pipeline sub economic

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Freelance Informer

Freelancers: get prepared for more fiscal U-turns, IR35 reform uncertainty - Freelance Informer

The new Chancellor Jeremy Hunt is not shy when it comes to giving bad news. So, freelancers should prepare for more fiscal changes

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FTAdviser.com

Mortgage borrowers swallow early exit fees as rate rise fears grow

Brokers have noted a surge in borrowers spending thousands on early repayment charges in order to remortgage or transfer between products to change their interest rates before further rate rises take hold

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FTAdviser.com

‘I keep thinking I will find Boris in the shower’

UK economic woes are so bad right now that advisers feel they are either on the Titanic or in some terrible 1980s sitcom where they are trapped in a nightmare

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Mortgage Solutions

‘Broker burnout’ is very real and the stress can ‘take its toll’ – analysis - Mortgage Solutions

As part of World Mental Health Day, we spoke to a number of industry experts about stress, their own mental health and ‘broker burnout’.

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Mortgage Professional

UK GDP falls in August

Businesses react

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Your Mortgage

Could rising mortgage rates lead to an increase in repossessions?

Some mortgage experts think that arrears and repossessions will rise, although lenders will always support borrowers where they can

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Financial Reporter

Will repossessions rise in 2023? - brokers react

With 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,...

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IFA Magazine

BoE widens gilt purchase operations to include index-linked gilts - reaction from advisers, investment and wealth managers

This morning, the Bank of England has announced that it will widen the scope of its daily gilt purchase operations to include purchases of index-linked gilts,

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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

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Mortgage Solutions

‘Broker burnout’ is very real and the stress can ‘take its toll’ – analysis - Mortgage Solutions

As part of World Mental Health Day, we spoke to a number of industry experts about stress, their own mental health and ‘broker burnout’.

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Daily Mail

Mortgage deals are coming back on the market but at 6 per cent

More than 1,600 mortgage offers were removed from the market in the wake of the government’s mini-budget as markets balked at unfunded tax cuts and the pound fell to a record lower against the dollar.

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ICAEW

Tax rate U-turn: is it enough to right the markets?

Following the government’s U-turn on the abolition of the additional rate of income tax, financial services professionals give their view on its impact.

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Mortgage Solutions

Brokers name best lenders for withdrawal communications ‒ analysis

When asked about strong lender communication, brokers highlighted one building society, as well as a handful of big high street names..

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The Guardian

What is the impact of 45p tax U-turn on markets and mortgages?

Kwasi Kwarteng and Liz Truss will be hoping move reverses some of effects of mini-budget

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Mortgage Strategy

Tax U-turn could take time to reflect in mortgage pricing: Malik

Even if markets respond well to the UK government’s decision to reverse plans to cut the top 45p income tax rate, R3 Mortgages director Riz Malik fears that “mortgage lenders may take some time to reflect...

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Financial Reporter

U-turn on axing of top rate of tax - brokers react

Following the news that the Government have U-turned on a plan to abolish the 45p rate of income tax for top earners, Newspage asked brokers for their responses:

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IFA Magazine

Chancellor Kwarteng performs abrupt U turn on the Government’s plan to cut 45% tax rate - finance experts comment

The Chancellor has made a dramatic statement to the media this morning announcing a pretty big U turn in Government policy. He has revealed that the reduction

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