Amit Patel's Media Coverage

Express.co.uk

A number of banks and building societies have raised interest rates on fixed rate mortgages in recent days

Landlord Today

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the financial damage created by the Liz Truss mini-Budget in 2022.

The Intermediary

“The Government will pay the mortgage” & “smoking is not bad for you”, are among the strangest reasons why borrowers have refused life cover.

Evening Standard

The disappointing “miss” immediately sent financial markets scrambling to reassess their projections of the timing of the first move on rates by the Bank of England

Yahoo Finance

The disappointing “miss” immediately sent financial markets scrambling to reassess their projections of the timing of the first move on rates by the Bank of England

Express.co.uk

Figures from the Office for National Statistics (ONS) today revealed a lower than hoped for fall in inflation - down from 3.4 percent to 3.2 percent.

The Intermediary

Across its remortgage products including large loans, Affordable Housing – Shared Equity/ Shared Ownership and equivalent green home products, the lender will be introducing rate increases up to 0.17%...

What Mortgage

Chancellor Jeremy Hunt delivered his Spring Budget today - but which announcements, if any, will impact landlords, mortgage borrowers and those keen to become homeowners? We take a look

The Intermediary

Brokers have once again raised concerns about short-notice product changes from lenders after The Mortgage Works (TMW) issued an email at 14:00 advising brokers they had until 20:00 tonight to lock in...

This Is Money

Anyone taking out a mortgage at the moment will likely be pondering the same questions - how long to fix for? Should they fix at all?

Birmingham Live

Newspage asked brokers for their thoughts on this interesting re-price from Santander, and what effect this might have on the rest of the market in the coming days.

Financial Reporter

The goverment is reportedly planning to introduce the new scheme in the Spring Budget.

Birmingham Live

Home movers and remortgage clients will benefit from the reductions as the market slides ever closer to sub-4% 2-year mortgages.

FTAdviser

Mortgage defaults jumped in the run-up to Christmas and are expected to get worse going into 2024, according to data from the Bank of England.

The Intermediary

Lenders are not letting a small increase in inflation spoil the recent pattern of fixed rate cuts, with both Santander and Skipton announcing cuts this morning.

Financial Reporter

The report says the Bank of England has \

Express.co.uk

BoE Governor Andrew Bailey is under fire after an influential Lords committee said Threadneedle Street needs its remit pruned by the Treasury.

The Intermediary

Financial services have almost unanimously urged the Bank of England to leave rates on hold at tomorrow’s MPC meeting, and most are expecting it to do exactly that.

FTAdviser

Two-year swap rates falling below 5 per cent is the “best news we have heard in months”, The Mortgage Expert’s Darryl Dhoffer, has argued.

Express.co.uk

EXCLUSIVE: A finance expert has said you only have to look at the US to see how ‘woefully behind the curve’ the Bank of England is in its battle with inflation.

Introducer Today

Mortgage affordability to be hit by council mayhem

Financial Reporter

Brokers warned bankruptcies would cause significant increases in council tax bills

The Intermediary

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

Landlord Today

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

FTAdviser

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

The Intermediary

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.”

Mortgage Solutions

There were hopes that the Bank of England (BoE) would pause its base rate hike cycle today, but the modest 0.25 per cent increase may suggest the run of monetary tightening is coming to an end.

Introducer Today

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

Mortgage Solutions

TSB has upped rates across select mortgages within its residential, buy-to-let, product transfer and additional borrowing ranges.

inews.co.uk

One mortgage broker called the latest increase from Halifax ‘brutal’

Evening Standard

Halifax told brokers last night that its rates for remortgages were going up as much as 0.54%

The Telegraph

Andrew Bailey has said pay cannot keep rising at its current pace if people want inflation and borrowing costs to fall after the Bank of England pushed interest rates to 5pc.

Metro.co.uk

‘This will push more people into debt and poverty.’

Mortgage Solutions

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.

This Is Money

In total there were 89,560 residential property transactions in March on a seasonally adjusted basis, according to the latest data from HMRC.

Mortgage Professional

Brokers expect a rise in adverse credit customers

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...

Financial Reporter

Jencap Partners says the number of mortgage complaints and claims will inevitably increase, regardless of whether they have any merit.

The Intermediary

Cardiff-based Jencap Partners has warned that ambulance chasers could start targeting brokers with claims regardless of merit.

Mortgage Professional

Experts slam the IMF for living in “cloud cuckoo land”

Property Reporter

Since the government outlined proposals for the Renters’ Reform Bill in its A Fairer Private Rented Sector white paper in June 2022, there has been much talk about what

MSN

FTSE 100 Live: FTSE closes at 7403 in major Credit Suisse rebound, Amazon lays off 9,000 -

Evening Standard

It’s now seen as a 50-50 call on whether the Monetary Policy Committee lifts rates on Thursday

The Intermediary

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

Mortgage Strategy

Shawbrook bank has bought specialist lender Bluestone Mortgages in a cash and share deal for an undisclosed sum. The bank says Bluestone Mortgages has originated over £1.8bn since its launch in 2014, and...

The Intermediary

Coventry Building Society will be increasing its rates for owner-occupied properties as of next week.

Mortgage Solutions

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

Mortgage Professional

Positive signs from the January market, following confirmation of a dip in December

Financial Reporter

Brokers are split on when they think two-year fixed rates will drop below 4%.

IFA Magazine

With inflation coming down faster than expected last month, Bank Rate likely to be close to its peak and the possibility of rate cuts later this year to stimula

Mortgage Solutions

Brokers have called for mortgage lenders to be more “brave and bold” in their rate cuts, and move beyond “cherry picking” the best borrowers.

Mortgage Solutions

Brokers are divided on whether the cost of living crisis has improved or dented the appeal of making overpayments on mortgage repayments, while some have suggested that offset mortgages may work out a...

FTAdviser

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

IFA Magazine

The Bank of England has raised the base rate to 4%. The minutes report that the MPC believes inflation has peaked. Newspage asked mortgage brokers, wealth ma

Mortgage Solutions

As 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...

Financial Reporter

With fixed rate mortgage rates edging down, PR platform, Newspage, asked brokers when they may drop below 4%. Some believe it’s imminent, others believe it could be some time yet.

Mortgage Professional

The danger of propping up negative equity situations is real, but some see value down the road

Mortgage Solutions

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

Financial Reporter

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

Mortgage Solutions

Brokers have widely welcomed the announcement earlier this week that the six largest mortgage lenders will lend on properties needing cladding remediation from the start of next year, but this should be...

Mortgage Solutions

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.

Mortgage Solutions

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

Financial Reporter

Brokers have called for a rethink around risk by lenders when it comes to the employed versus the self-employed.

Evening Standard

The scheme is aimed to help households who are struggling to save for higher mortgage deposits get on or move up the housing ladder.

Protection Reporter

8% have cancelled a financial product such as a pension or dental/life insurance.

The Intermediary

TSB is pausing its new build lending at 90% LTV while reducing the maximum loan-to-income (LTI) multiples for self-employed applicants.

IFA Magazine

As the cost of living crisis continues to hit families and businesses alike, the ONS published a report this morning about depression and the cost of livin

inews.co.uk

The Bank of Ireland, NatWest and Nationwide are among the banks to have cut rates on some of their fixed-rate mortgages

The Intermediary

The move has been widely welcomed by brokers who have seen the market fluctuate widely in the months since the ill-fated Prime Ministership of Liz Truss.

Financial Reporter

Should house price growth be included in the 2% inflation target?

Freelance Informer

The latest ONS report has revealed that the cost-of-living crisis is hitting people living in the most deprived areas of England the hardest. Many of the self-employed are finding rising costs, especially...

Mortgage Solutions

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

Financial Reporter

With 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.

Daily Mail

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.

IFA Magazine

With all the question marks surrounding the economy, rates set to rise further (potentially sharply) and some predicting a property market crash, one broker h

Business Matters

UK SME’s have been very dismissive of Kwasi Kwarteng emergency mini budget, with some branding it as “Trussmoronics not Trussonomics”.

IFA Magazine

This morning’s statement from Chancellor Kwasi Kwarteng has certainly got plenty for IFAs to consider as he revealed the Government’s plan for economic growth