Down-valuations appear to be on the rise and it is shocking agents and mortgage brokers.

Down-valuations on the rise - warning

One broker, Laura Bairstow, said: “We have noticed a definite increase in down valuations, especially in instances where the borrower only has a 5% or 10% deposit.”

Brokers report a rise in down valuations

High street lenders cut the cost of low-deposit loans in a bid to lure in new customers

Homeowners bear brunt of mortgage crisis as first-time buyers get best deals

Barclays&rsquo;s announcement of the first sub-5 per cent 2-year fixed remortgage product in months will &ldquo;fire up the rest of the high street&rdquo;, EHF Mortgages managing director, Justin Moy, has said.

Barclays rate reduction will ‘fire up’ the high street

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…

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

Barclays has become the latest lender to offer a two-year fixed rate deal at below 5% in the latest chapter of the mortgage rate war.

Barclays offers sub-5% mortgage deal as more price cuts are unveiled

High street lender to slash as much as 30bps on purchase and remortgage two-year fixes

Barclays announces new rate cuts

NatWest’s increase in its buy-to-let stress rates is a “blow to landlords”, according to brokers.

NatWest BTL stress rate increase ‘blow to landlords’

Brokers have reported seeing more customers undertaking product transfers directly from lenders, often using online apps.

Brokers share insights on the impact of direct product transfers

Many lenders have started to cut mortgage rates, with Coventry Building Society joining the likes of HSBC and Platform.

Coventry Building Society follows HSBC and cuts mortgage rates

Plans to address the housing crisis by relaxing planning rules and converting takeaways and betting shops into homes have been announced by the government today.

Gove unveils plans to create more homes by converting shops into homes

The government has pledged to meet its manifesto commitment of creating one million extra homes over this parliament by aiming to increase efficiency.

Government pledges to build one million new homes over this parliament

The Secretary of State for Levelling Up, Housing and Communities, Michael Gove, has announced plans to relax planning rules in England in an attempt to build mo

Proposal to ‘relax’ planning rules surrounding building more homes reeks of desperation

Mortgage borrowers are potentially missing out on better deals by choosing a product transfer without advice, brokers have said.

Brokers warn of potential problems with self-selected product transfers

I founded The Mortgage Masters after seeing just how many Self-Employed business owners were struggling to get a mortgage, either when going direct to a bank, or to other brokers who weren't familiar with the criteria of some of the more flexible lenders on the market.  



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Laura Bairstow