Mike Staton's Media Coverage
FT Adviser
Social media advice: ‘A ring light and an opinion answers to nobody’Advisers have rallied against “unqualified and unregulated” social media advice and called for greater regulation after research showed more than half of adults lost money by acting on financial advice...
Swindon Advertiser
Nationwide warns borrowers ‘rates are climbing’ - here’s how much you could payNationwide is raising fixed mortgage rates up to 0.25. Find out how this affects homeowners, first-time buyers, and anyone on a fixed deal.
Hexham Courant
Nationwide warns borrowers ‘rates are climbing’ - here’s how much you could payNationwide is raising fixed mortgage rates up to 0.25. Find out how this affects homeowners, first-time buyers, and anyone on a fixed deal.
Bradford Telegraph and Argus
Nationwide warns borrowers ‘rates are climbing’ - here’s how much you could payNationwide is raising fixed mortgage rates up to 0.25. Find out how this affects homeowners, first-time buyers, and anyone on a fixed deal.
Andover Advertiser
Nationwide warns borrowers ‘rates are climbing’ - here’s how much you could payNationwide is raising fixed mortgage rates up to 0.25. Find out how this affects homeowners, first-time buyers, and anyone on a fixed deal.
what MORTGAGE
Interest rates to remain on hold on next week, experts say - what MORTGAGEMortgage borrowers are unlikely to see an interest rate cut in March as experts believe the Bank of England will take a cautious stance due to the continuing conflict in the Middle East.
Times and Star
Nationwide warns borrowers ‘rates are climbing’ - here’s how much you could payNationwide is raising fixed mortgage rates up to 0.25. Find out how this affects homeowners, first-time buyers, and anyone on a fixed deal.
Express.co.uk
Nationwide makes major change for customers ‘from today’That monthly payment dread is back
GB News
Job vacancies fall to Covid-era low as Rachel Reeves’s tax raids blamed for ‘collapse in business confidence’Business leaders have taken aim at the Chancellor’s decision to raise National Insurance for employers
The Negotiator
Bank of England set to cut base interest rate this weekMost analysts agree the Bank will reduce the rate from 4%, with some even saying a 0.5% cut is possible.
Thisismoney
Banks are locked in a mortgage price war. This is what you MUST know to get the best dealBritain’s biggest banks are locked in a fierce mortgage price war, with the lowest rates on the brink of falling below 3.5 per cent for the first time in more than three years.
what MORTGAGE
‘Decade-high’ number of properties for sale, says RightmoveThere is a decade-high number of properties on the market meaning sellers are having to lower their pricing expectations, according to Rightmove.
Bradford Telegraph and Argus
£119m ‘parking fine nightmare’ as wardens like ‘pirates in a sea of cars’Parking fines are hitting not just tradespeople but consumers and firms in all sectors, say business owners and consumers.
East Anglian Daily Times
£119m ‘parking fine nightmare’ as wardens like ‘pirates in a sea of cars’Parking fines are hitting not just tradespeople but consumers and firms in all sectors, say business owners and consumers.
The Argus
£119m ‘parking fine nightmare’ as wardens like ‘pirates in a sea of cars’Parking fines are hitting not just tradespeople but consumers and firms in all sectors, say business owners and consumers.
Daily Echo
£119m ‘parking fine nightmare’ as wardens like ‘pirates in a sea of cars’Parking fines are hitting not just tradespeople but consumers and firms in all sectors, say business owners and consumers.
The Herald
£119m ‘parking fine nightmare’ as wardens like ‘pirates in a sea of cars’Parking fines are hitting not just tradespeople but consumers and firms in all sectors, say business owners and consumers.
Express.co.uk
UK economy ‘throttled’ by £119m ‘parking fine fiasco’ with devastating impactIt comes as revealed that tradespeople have been slapped with an estimated 2.3 million parking fines of up to £160 over the past year alone.
The Independent
Business news live: Firms demand ‘no more taxes’ in Budget, FTSE 100 rises againEconomic and stock market news and latest business and finance updates from Friday
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’
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’
Property Portfolio Investor
Santander slashes remortgage rates as brokers hint at incoming Bank of England cutSantander cuts selected 2 and 5-year fixed remortgage rates, prompting brokers to suggest lenders increasingly believe a Bank of England rate cut is imminent.
Express.co.uk
Bank of England cut fuels hope for cheaper mortgagesThe Bank of England trimmed its base rate by 0.25 percentage points to 4.25% yesterday
Daily Telegraph
Boost for homeowners as mortgage rates expected to hit 3.5pcHomebuyers 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.
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
FTAdviser
Trump tariffs may ‘single-handedly’ rescue UK housing marketTrump’s tariffs “may be single-handedly rescuing the UK housing market” after SONIA swap rates tumbled following the president’s ‘liberation day’ announcement.
Birmingham Live
High street lender accepting mortgages from people with ‘blips’ in historyLoughborough Building Society is being praised for accepting applications for mortgages from those who have “blips” in their credit history - something that would usually see such an application refused.
The Sun
Lender makes big change to mortgage rules in boost for first-time buyersA HIGH street lender has made a big change to its mortgage rules that will make things easier for first-time buyers. Loughborough Building Society has said it will start accepting applications for …
London Property News
Loughborough Building Society described as ‘bold and pragmatic’ as it programs its systems to accept minor credit blipsLoughborough Building Society described as “bold and pragmatic” as it programs its systems to accept minor credit blips…
Sky News
Major plans to change home buying process unveiled but experts aren't convinced they'll workThe government has announced major new plans to change the property buying and selling process - but experts are unsure if the changes will "fix the real problem".
This Is Money
Banks could offer more large mortgages under Labour plansProposed rule changes could help first-time buyers borrow more, but also mean higher mortgage payments and greater risk.
Express.co.uk
Recession fear turns screw on Bank of England to cut interest ratesNews last week that the UK economy has shrunk for two months in a row has triggered fears of a recession.
This Is Money
Two banks lower mortgage rates as best fixed deals close in on 4%NatWest has cut some of its fixed mortgage rates for the second time this month, and the bank is now offering the lowest five-year fix on the market.
Chronicle Live
Barclays make huge change to mortgages which will affect thousandsThe high street bank is reducing rates by as much as 0.20 percentage points from today, with the changes set to benefit both first-time buyers and those looking to remortgage
Birmingham Live
Barclays makes huge change impacting tens of thousandsThe high street bank has reduced rates by as much as 0.20 percentage points from today, with the changes set to benefit both first-time buyers and those looking to remortgage
The Mirror
Barclays makes huge change impacting tens of thousands of homeownersThe high street bank has reduced rates by as much as 0.20 percentage points from today, with the changes set to benefit both first-time buyers and those looking to remortgage
This Is Money
Major high street bank cuts mortgage ratesThe bank says it is reducing rates on a number of products by as much as 0.20 percentage points from tomorrow.
Sky News
How to get a mortgage if you’re self-employed - by industry insidersGetting a mortgage if you’re self-employed can be tricky. Luckily, we’ve got expert advice to make the process a little easier.
GB News
Mortgage rates: Now could be the time to fix as Barclays, Santander and Nationwide offer lowest rates in 2 yearsHomeowners in the UK are facing a golden opportunity to secure low-cost mortgage deals as rates hit their lowest levels in two years.
Express.co.uk
Watch out for Big Wednesday - Bank of England decides financial fate of millionsThat is the day that the latest inflation figure is announced and it will be crucial in terms of whether the Bank of England will decide to cut interest rates the following day.
What Mortgage
‘Win for borrowers’: Lender to make credit checks transparentBeing rejected for a mortgage is bad enough. But when there is no information about why the credit check has failed, customers can feel confused and in the dark.
FTAdviser
Gen H credit search tool ‘mortgage market game-changer’Gen H's tool to address credit search transparency has been hailed as a “mortgage market game-changer” by brokers.
What Mortgage
Mortgage rate hikes: Brokers call for ‘immediate’ interest rate cutVirgin Money, Skipton Building Society and Metro are the latest lenders to announce increased mortgage rates for both residential and buy-to-let customers.
The Intermediary
NatWest makes “encouraging” changes to new business mortgage productsThe changes will come into effect from tomorrow (21st March 2024).
Evening Standard
Nationwide slashes its mortgage rates by up to 0.81%Mortgage market had been waiting for the first big move in weeks from Britain’s biggest building society
Yahoo Finance
Nationwide slashes its mortgage rates by up to 0.81%Mortgage market had been waiting for the first big move in weeks from Britain’s biggest building society
FTAdviser
Mortgage rates could reach ‘sub 3%’ by year end, say brokersThe mortgage market may see “sub 3 per cent rates” by the end of the year, according to some brokers.
Daily Mail
New Year mortgage price war breaks out as Halifax cuts fixed ratesHalifax, the UK’s largest lender, became the first company to slash rates on its remortgage deals by up to 0.83 percentage points yesterday, just hours into the first working day of the year.
Mortgage Solutions
From tech to Twitter (X): what brokers plan to do differently in 2024 - Mortgage SolutionsBetter use of social media, technology and diversification are among the changes brokers are planning for their businesses this year.
Bloomberg
UK House Prices Slid 1.8% in 2023, Defying Outlook for CrashUK house prices finished 2023 little changed from a year ago, defying predictions for a sharp downturn, figures from one of the biggest mortgage lenders indicated.
The Intermediary
UK house prices drop 1.8% in 2023, Northern Ireland and Scotland see risesThe Nationwide Building Society’s house price index for 2023 shows a 1.8% decrease in UK house prices compared to the previous year.
The Sunday Times
Now you can get a five-year mortgage at 4.43%Lenders are taking steps to get people buying again after property prices fell 3.2 per cent in the year to October
Mortgage Professional
Rate cuts nothing more than a “genital measuring competition”Brokers share their views on the latest wave of rate cuts
Mortgage Professional
Mortgage rates going down – but are lenders going far enough?Latest rate cuts “are nothing more than attempts to get free advertising”
Mortgage Professional
Is buy-to-let the punching bag of the industry?Experts have discussed the conditions facing BTL landlords
Mortgage Solutions
Interest-only demand ‘not as high as expected yet’ say brokersWhile there has been an uptick in enquiries from clients around moving to interest-only, it has not been to the levels expected, according to intermediaries.
This Is Money
Consumers warned of unexpected cuts to credit card limitsThe 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.
The Intermediary
UK mortgage borrowing rises, but net approvals and gross lending decline in July, says Bank of EnglandNet approvals for house purchases, a predictor for future borrowing, fell to 49,400 in July, down from 54,600 in June.
Evening Standard
Santander cuts mortgage rates but experts warn price war may end soonThe UK’s top lenders have been cutting mortgage rates after they rose dramatically from May to July, with all of the “Big Six” having cut prices on multiple occasions
Mortgage Solutions
Nationwide lowers switcher mortgage ratesNationwide is the latest high street lender to reduce mortgage rates with cuts across its switcher range for existing borrowers.
Evening Standard
Homeowners hope mortgage rates have peaked as Nationwide cuts pricesNationwide joins HSBC and Barclays among top lenders in lowering its rates
Mortgage Professional
How can mortgage lending be stimulated?Mortgage lending has fallen to smallest level since 2020
Mortgage Solutions
Press, government, Bank of England: who do brokers blame for mortgage crisis? ‒ analysis - Mortgage SolutionsThe media, the government and the Bank of England have all come under fire by mortgage brokers for their role in contributing to the ongoing difficulties in the mortgage market.
The Telegraph
Sellers slash asking prices as mortgage crisis hits the housing marketRetail insolvencies also hit highest in a decade amid surging borrowing costs
Financial Reporter
Is it currently a buyers’ or sellers’ market? - brokers reactIndustry experts agreed that whether a buyer or a seller has the upper hand can differ by location, property type, and more.
IFA Magazine
Fintech versus high street lenders - brokers deliver their verdict and identify pros and consNewspage®, asked mortgage brokers and financial services tech experts how fintech lenders compare to traditional high street lenders. The views of brokers
Financial Reporter
What are the pros and cons of fintech vs high street lenders? - brokers reactBrokers were split on the potential strengths of fintech mortgage lenders.
Mortgage Professional
Will interest rates return to pre-pandemic levels?Experts slam the IMF for living in “cloud cuckoo land”
The Intermediary
House prices still up 6.3% YoY in January 2023, but slowing from December 2022 figures - ONSAverage UK house prices rose by 6.3% in the 12 months to January 2023, down from a 9.3% increase in December 2022, with the average house price standing at £290,000, £17,000 higher than a year ago.
The Independent
House price growth slows but rental prices record strongest increase since 2016Average UK house prices increased by 6.3% in the 12 months to January 2023, down from 9.3% in December 2022, the Office for National Statistics said.
Mortgage Solutions
Lenders treating self-employed borrowers ‘like second-class citizens’Mortgage brokers have accused lenders of treating self-employed applicants like “second class citizens”, with borrowers suffering because lenders do not take the time to understand their income.
Mortgage Professional
Four trends to prepare for in the intermediary business nowThese brokers say they are focused on remortgages and product transfers for now
Your Money
Halifax to launch 10-year sub-4% mortgage dealThe Halifax will launch a 10-year mortgage deal priced at 3.99%, putting the rate on par with five-year fixed rates. But is it worth locking in for a decade?
Mortgage Solutions
Brokers bemoan Lewis influence as customers turn to TV punditsAs a new survey reveals that most UK adults take their financial advice from media experts such as Paul Lewis and Martin Lewis, brokers react to a trend that could lead to borrowers making ‘terrible financial...
This Is Money
Sub-4% mortgage rates: Will it happen this year?Rates have fallen rapidly since November last year, with the cheapest fix now 4.04% - but the Bank of England is set to increase the base rate again in February.
inews.co.uk
High mortgage rates and rising inflation leaves lenders bracing for loan defaultsBanks expect default rates on mortgages, unsecured (personal) loans and business loans for small firms to all increase by the end of February
Yahoo Finance
Mortgage costs expected to rise this year, says Bank of EnglandBanks expect the availability of mortgages, consumer loans and corporate credit to drop.
Mortgage Professional
How self-employed mortgage seekers can beat the pandemic penalty‘Finding the right lender is key’ to approval for self-employed applicants
Financial Reporter
Money Box’s Paul Lewis tells mortgage seekers to avoid ‘local brokers’ - brokers reactPaul Lewis said
inews.co.uk
How much more do you need to pay into your pension to offset inflation?Retirees on the lowest incomes have been hit the hardest by the cost of living crisis, according to new research
Mortgage Professional
House prices and the mortgage market in 2023: fasten your seatbeltsFour views on the outlook for 2023
Mortgage Solutions
First-time buyers will be ‘active’ this year despite headwindsFirst-time buyers will continue to be motivated this year to buy, possibly benefitting from falls in house prices.
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.
The Guardian
FTSE 100 index posts 0.9% gain for 2022; pound’s worst year since 2016 – business liveBlue-chip share index finishes turbulent year slightly higher, beating global markets
The Intermediary
House prices dip again in December - NationwideHouse prices declined for the fourth consecutive month in December with the rate of annual house price growth dropping to 2.8%, according to Nationwide’s latest house price index.
Mortgage Solutions
Next year will be ‘survival of the fittest’ for landlords unless lenders innovateDemand has been high for complex buy-to-let this year and expected to grow even more next year, but brokers have said product innovation is crucial to sustain this sector.
Mortgage Solutions
Rate cuts, the rise of PT and ‘suffering’ BTL: Broker expectations for 2023In anticipation for 2023, Mortgage Solutions talked to brokers to ask what their expectations are for next year and how brokers can prepare.
Mortgage Solutions
Don’t predict the market or underestimate role of advice ‒ brokers’ big lessons from 2022The importance of the role of the broker, and being prepared for the unexpected, are some of the big lessons intermediaries have taken from 2022.
Financial Reporter
Brokers urge lenders to rethink self-employed riskBrokers have called for a rethink around risk by lenders when it comes to the employed versus the self-employed.
Mortgage Solutions
Treasury planning to extend mortgage guarantee scheme – reportThe Treasury is allegedly planning to extend the mortgage guarantee scheme, which is due to expire at the end of this year, to better support first-time buyers.
Mortgage Solutions
UK house prices grew 0.3 per cent in October - Mortgage SolutionsAverage house prices in the UK ticked up 0.3 per cent month-on-month to £296,422.
The Intermediary
House prices saw monthly increase in October - ONSOn a monthly basis the unadjusted index rose by 0.3% in October. In seasonally adjusted terms, prices increased by 0.7%.
LandlordZONE
BREAKING: House prices fell in November, latest Nationwide HPI revealsAnnual UK house price growth slowed to 4.4% in November, down from 7.2% in October as the…
The Intermediary
Annual house price growth slowed to 4.4% in November from 7.2% in OctoberNationwide’s seasonally adjusted measure of house prices fell by 1.4% month-to-month in November while year-over-year growth dropped to 4.4%, from 7.2% in October, well below the consensus, 5.8%.
Mortgage Solutions
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.
FTAdviser.com
How to communicate to clients what is happening with ratesThe mortgage market is in turmoil due to a series of political and economic events
Mortgage Solutions
Experts predict mortgage and base rates post Autumn StatementMarket experts seem to believe that post Autumn Statement, the base rate and mortgage rates will start to fall (sooner or later).
Mortgage Solutions
US mortgage rates tumble – view from across the pondAn air of urgency and panic has been prevalent in the housing and mortgage market for some time.
Mortgage Solutions
US mortgage rates tumble – view from across the pondMortgage rates in the US have tumbled, according to Freddie Mac. Could the UK be about to follow its transatlantic cousin?
Mortgage Professional
Are offset mortgages a good option right now?Brokers share their views on offset mortgages given market conditions
Your Money
Fixed rate mortgage mayhem: Three alternatives to locking in a pricey deal - Your MoneyFixed 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.
Mortgage Strategy
Cover feature: Sink or swim? | Mortgage StrategyThe mortgage market was at the sharp edge of the political and economic turmoil in the UK during September and October, with mortgage deals withdrawn at an unprecedented rate and the cost of fixed-rate...
Mortgage Professional
Are tracker products a good option?Renewed interest in trackers follows BoE interest rate increase
Mortgage Professional
Brokers react to claims of rising cases of conditional sellingEstate agents organisation reiterates that it’s a bad practice
Your Money
Fixed rate mortgage mayhem: Three alternatives to locking in a pricey dealFixed 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.
Mortgage Solutions
Five ways brokers are bridging the borrower knowledge gapBorrowers are as confused, nervous and disturbed by the state of the mortgage market as ever and brokers need to bridge that knowledge gap
Financial Reporter
Brokers warn of rise in conditional selling as transaction levels dropOne broker says he has lost two clients over the past month alone due to conditional selling.
The Intermediary
Majority of brokers predict a house price fall of 10% or less - PollA poll of mortgage brokers and estate agents from Newspage found that 58% expect house prices to fall by up to 10%.
Mortgage Strategy
Feature: Making waves - long-term mortgages | Mortgage StrategyHigh property prices, a cost-of-living crisis and now rapidly rising interest rates have resulted in far more homebuyers opting for 30-year-plus mortgage terms. It is not hard to see why these longer-term...
Express.co.uk
Save £160 a month on mortgage repayments with expert tipMortgage buyers can get ‘significant savings’ despite high interest rates, an expert has said.
Mortgage Solutions
‘Major increase’ in tracker take-up but they are ‘a gamble’ – analysis - Mortgage SolutionsBrokers have reported an increase in interest in tracker and discounted tracker products as fixed rate pricing continues to climb
Mortgage Professional
What’s going on with UK house prices?Index reveals rise, but industry voices concern
The Sunday Times
Larger, longer, later: the new mortgage dilemmaMortgage rates are at a 14-year high, and borrowers accustomed to paying interest at 1-2 per cent are bracing for a new normal where even the cheapest deals ha
Mortgage Professional
Truss quits – mortgage industry reactsSimilarities to a “wet lettuce” are drawn
Mortgage Solutions
Mortgage professionals speak out after Liz Truss resigns – analysis - Mortgage SolutionsThe mortgage industry reacts with gallows humour, demands for an election and calls for economic stability after Liz Truss resigns as PM.
East Midlands Business Link
Businesses react following Liz Truss’s resignation as Prime MinisterFollowing the resignation of Liz Truss as Prime Minister, East Midlands business leaders are reacting.
Financial Reporter
Will mortgage rates begin to fall? - industry reacts to latest government U-turnsIt’s hoped that the government announcements will reduce the need for the Bank of England to hike base rates.
IFA Magazine
Mini-Budget U-turn: “The age of the saver may be back.” - reaction from brokers and IFAsFollowing the impact of today’s political announcement on borrowers and savers, a selection of IFA and Brokers have commented. Samuel Mather-Holgate of Sw
FTAdviser.com
Brokers blame poor lender service on WFHMortgage brokers have complained that staff working from home is negatively impacting the service level provided by lenders
Financial Reporter
Should the Chancellor go? - brokers reactWith the chaos triggered by the mini-Budget, and mortgage rates continuing to rise, Riz Malik of R3 Mortgages called for the Chancellor to quit live on Sky News yesterday.
Mortgage Solutions
Mortgage market turmoil hits broker recruitment hard ‒ analysis - Mortgage SolutionsMortgage brokerages are finding it harder to recruit new adviser talent, which is at least partly down to the turmoil seen in recent weeks.
Mortgage Solutions
‘Broker burnout’ is very real and the stress can ‘take its toll’ – analysis - Mortgage SolutionsAs part of World Mental Health Day, we spoke to a number of industry experts about stress, their own mental health and ‘broker burnout’.
Mortgage Solutions
‘Broker burnout’ is very real and the stress can ‘take its toll’ – analysis - Mortgage SolutionsAs part of World Mental Health Day, we spoke to a number of industry experts about stress, their own mental health and ‘broker burnout’.
The Telegraph
First-time buyers will be locked out of the market ‘by next year’Half of 5pc deposit loans have already disappeared
Freelance Informer
Prepare for another 12 months of inflation say professional investorsHow can freelancers protect themselves from rising inflation and interest rates when it comes to their SIPPs and mortgages?
Financial Reporter
Is the 95% LTV mortgage set to disappear? - brokers reactWith question marks surrounding the economy, rates set to rise further and some predicting a property market crash, one Newspage broker has suggested we may see the “death of the 95% LTV mortgage while...
The Guardian
UK mortgages: average rate on a two-year fixed deal soars to nearly 6%Government’s 45p tax U-turn and calmer stock markets do not result in cheaper new mortgage deals
IFA Magazine
Is the 95% LTV mortgage set to disappear? Brokers give their verdictWith all the question marks surrounding the economy, rates set to rise further (potentially sharply) and some predicting a property market crash, one broker h
Your Money
Seven options if you’re coming to the end of your mortgage fixHomeowners are rightly concerned about the pace of rising interest rates and if you’re one of the two million households whose mortgage deal expires soon, here are seven options you can take.
FTAdviser.com
28-day contracts exchange should be ‘illegal’ say brokersMortgage brokers have expressed concern about new build property developers increasingly putting pressure on prospective buyers to exchange contracts within a 28 day period while no build date has been...
inews.co.uk
Everything homeowners and potential buyers need to know about the pound’s impact on mortgagesWe reveal what you can do if you need to re-mortgage and what your options are if you’re a first time buyer
IFA Magazine
Brokers urge Help to Buy borrowers to “get their skates on” as deadlines approachBrokers have urged anyone seeking to make use of the Help to Buy scheme to “get their skates on, pronto”, ahead of the forthcoming deadlines. They have al
The Times
How freezing energy bills could lead to falling house pricesWill the energy bill freeze save the property market from a crash?
Your Money
Should you lock in for a decade as 10-year mortgage fix now cheaper than a two-year? - Your MoneyNationwide has repriced its mortgage range, with 10-year deals now cheaper than the two-year equivalents. But, should homeowners lock in for a decade?
Landlord Today
More landlords giving tenants first refusal on properties sold offA range of mortgage brokers are reporting an increase in enquiries from private tenants who have been given first refusal to buy the homes they are renting.
Mortgage Solutions
Brokers argue that AIPs are now ‘worthless’ ‒ analysisBrokers need to accept that the agreement in principles (AIPs) they generate for clients are “not worth the paper they are written on” at the moment, intermediaries have argued.
Freelance Informer
Self-employed and buying a newbuild? Here’s how to avoid “dodgy” developer tacticsIf you are in the market to buy a newbuild property, you don’t have to be rushed into signing anything. Mortgage brokers offer tips to avoid dodgy developer tactics.
IFA Magazine
Great Landlord Sell-off: Brokers see “enormous uptick in enquires from tenants who have been given first refusal to buy the...Brokers have reported “an enormous uptick in enquires from tenants who have been given first refusal to buy the property they’re renting”. They say increas
Mortgage Professional
Brokers slam new build developers’ ‘dodgy practice’“These unethical developers should be named and shamed”
Mortgage Strategy
Landlords looking to offload properties onto tenants, say brokers | Mortgage StrategyBrokers report they have seen a growing number of tenants say they have been given first refusal to buy the property they are renting over the last two months. It is believed this is due to a combination...
Financial Reporter
Brokers express concern over new build developer pressure tacticsA number of brokers have expressed concern about new build property developers putting pressure on prospective buyers.
Financial Reporter
Brokers express concern over new build developer pressure tacticsA number of brokers have expressed concern about new build property developers putting pressure on prospective buyers.
IFA Magazine
“Unethical” new build developers increasingly putting pressure on buyers “should be named and shamed” say brokersBrokers have expressed their concern about new build property developers increasingly putting pressure on prospective buyers to exchange contracts within a 28-
Mortgage Solutions
Brokers broadly support extended rate switch window but warn of ‘double-edge sword’ ‒ analysis - Mortgage SolutionsBrokers are broadly backing extended rate switch windows as they gives customers increased choice
IFA Magazine
Nationwide House Price Index: “Obscene rise in energy bills is something that needs to be proactively addressed by lenders”...Following the Nationwide August House Price Index published this morning industry experts have reacted. Ross Boyd, founder of the always-on mortgage comparison
The Intermediary
House price growth slows but still up 0.8% – NationwideThe UK saw annual house price growth slow to 10.0% in August, down from 11.0% in July, according to the latest Nationwide House Price Index.
Mansfield and Ashfield Chad
Mansfield mortgage brokers go from bedroom-based business to award winners in three yearsA jubilant Mansfield mortgage broker says he is ‘over the moon’ to scoop a top industry award – just three years after launching the business.