Jonathan Burridge's Media Coverage

FTAdviser

Will unloved US Treasuries cause UK interest rate rise?

US Treasuries have fallen on the back of Donald Trump’s tax cutting budget making its way through Congress and a downgrading of the US’s credit rating by Moody’s earlier this month.

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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.

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Mortgage Professional

Can Jeremy Hunt truly help first-time buyers?

Brokers discuss the Chancellor of the Exchequer latest support package

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Mortgage Professional

“Housing market predictions are wrong or lucky”

Brokers discuss whether confidence has returned to the housing market

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The Negotiator

Bank of England raises interest rates 0.25%

Warnings went unheeded by Governor Andrew Bailey and Monetary Policy Committee that another rate rise would risk damaging the UK’s fragile economy.

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FTAdviser

BoE’s 14th consecutive interest rate rise is ‘absolute lunacy’

The latest increase in interest rates by the Bank of England is “absolute lunacy”, Mather and Murray Financial independent financial adviser, Samuel Mather-Holgate has stated.

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Mortgage Professional

Open Banking – what do brokers think?

Brokers discuss its expansion and where it could be improved

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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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This Is Money

Will the fall in inflation feed through to mortgage rates?

There is hope of some ‘breathing space’ for mortgages after the latest inflation data showed the rate of price growth is slowing.

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FTAdviser

Mortgage rate data can be ‘misleading’, say brokers

‘Average’ data can be misleading and should always be caveated, according to a number of brokers said in response to questioning from Newspage.

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Mortgage Solutions

Brokers urge borrowers to ‘keep calm’ as average two-year fix breaches six per cent

Mortgage brokers have said borrowers should remain calm and look beyond average rate figures as Moneyfacts revealed the average two-year fixed rate was now 6.01 per cent.

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Your Money

Borrower blues: Average two-year fixed-rate mortgage breaches 6% but brokers urge calm - Your Money

Mortgage brokers have said borrowers should remain calm and look beyond average rate figures as Moneyfacts revealed the average two-year fixed rate was now 6.01 per cent.

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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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This Is Money

Britons are now spending most income on their mortgage since 2008

Repayments on new mortgages accounted for an average of 20 per cent of borrowers’ gross incomes between January and April, according to trade body UK Finance.

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The Negotiator

Renters’ Reform Bill: Industry reaction

No-fault evictions will be abolished and tenants will allowed to have pets with a new landlords ombudsman appointed to provide quick resolutions to disputes.

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FTAdviser

‘Skipton’s zero deposit mortgage is a good thing for the sector’

There has always been space for zero deposit mortgages. The product, along with interest only, was demonised by the regulator and it is positive to see it return.

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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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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

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.

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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

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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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IFA Magazine

As Nationwide warns “deposit requirements remain prohibitively high” for FTBs, brokers reveal which lenders stand out

Following Robert Gardner of Nationwide outlining the challenges faced by first-time buyers this morning in the lender’s February HPI, Newspage asked brokers wh

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Mortgage Solutions

Rises in variable income limits ‘welcome’ but lenders unlikely to change

Brokers have said that mortgage lenders who will accept higher amounts of variable income will become more attractive, but have said it is unlikely more lenders will change their criteria.

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Financial Reporter

When will two-year fixes break the 4% barrier? - brokers react

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

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IFA Magazine

When will 2-year fixes break 4% barrier? - reaction

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

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Financial Reporter

Brokers split on when mortgage rates will drop below 4%

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.

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Mortgage Solutions

SLS In Focus – Second charge interest will continue to grow over next three to four years

Specialist Lending Solutions “In Focus” series deep dives into different areas of the specialist lending market. For this quarter, we are looking at the second charge market and are asking brokers what...

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inews.co.uk

2022 was the year our personal finances went into meltdown - here’s what to do in 2023

Mortgages, savings and pensions: how to ensure your money has an easier ride next year

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Mortgage Solutions

Big six cladding announcement ‘great news’ but long way to go

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...

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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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Evening Standard

Virgin Money pulls all its 5% deposit mortgage deals in new blow to first time buyers

Move thought to be linked to negative equity fears

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This Is Money

Virgin Money PULLS 5% deposit and Help to Buy mortgages

Brokers are predicting that other lenders could follow suit, with some even forecasting the end of 10% deposit deals as banks seek to minimise risk.

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IFA Magazine

Average 5-year fix falls below 6% for first time in seven weeks - brokers give their views on where fixed rates are headed...

Following news that the average 5-year fixed mortgage rate has fallen below 6% for the first time in seven weeks, free broker PR platform, Newspage, asked a s

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MoneyWeek

Buying vs renting: as mortgage rates rise, which is cheaper?

In the UK, buying a home has traditionally been the preferred option over renting. But is that still true? Rebecca Goodman asks: which makes more sense financially - buying or renting?

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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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inews.co.uk

Mortgage rates fall in reprieve for UK homeowners - and interest may drop further

The average two- and five-year fixed mortgage rates have both dropped since the 75 basis point rise in the Bank of England base rate, and there could be further falls

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Mortgage Solutions

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

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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Mortgage Solutions

Five ways brokers are bridging the borrower knowledge gap

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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The Telegraph

Why mortgages could get cheaper even though interest rates are rising

We may have already seen the peak in quoted mortgage rates, experts say

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Mortgage Strategy

Feature: Making waves - long-term mortgages | Mortgage Strategy

High 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...

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The Intermediary

Brokers hit back at Martin Lewis’s latest “irresponsible” mortgage advice

“Get that fella off the TV and let’s see his CeMap papers. Since when has sound financial advice been given on speculation” said one broker.

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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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Mortgage Solutions

Broker guilt: Thick skin, tolerance and talking are key when mortgages go wrong – analysis - Mortgage Solutions

A mortgage transaction is always unpredictable. How do professionals cope with ‘broker guilt’ when deals break down?

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Mortgage Solutions

Advice purely based on interest rates potentially ‘dangerous and unsuitable’ – analysis - Mortgage Solutions

Inflation and rising interest rates are creating a conundrum for some mortgage advisers over whether a short or longer-term loan fix is better for borrowers.

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Your Money

Will more lenders pause mortgage applications amid ‘overwhelming demand’? - Your Money

A number of lenders have paused new mortgage business due to overwhelming demand as interest rates rise. Will more follow?

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Metro.co.uk

Rogue landlords dodge blacklist - in four years, just 56 named and shamed

Only 23 of 333 local authorities have submitted entries.

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Daily Mirror

Tories draw up plans for 50-year mortgages that your kids would pay when you die

Boris Johnson has confirmed he is looking at controversial cross-generational mortgages - house loans that last so long, they are handed on to your heirs to keep paying back

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Financial Reporter

Broker views: Is the age of rock bottom rates over?

As more and more people lock into longer term fixes, Newspage asked a selection of mortgage brokers if the age of rock-bottom interest rates is finally over.

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The Sun

Major bank is hiking mortgage rates TOMORROW adding hundreds to repayments

THOUSANDS of homeowners are about to see their monthly mortgage repayments go up after the Bank of England hiked interest rates. The Bank last week increased the base rate of interest for the fifth…

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The Sun

Will there be a house price crash?

THEY say that what goes up, must come down – but is it true when it comes to house prices? Property prices have soared in recent years, but there are fears that the property market is due a d…

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Mortgage Strategy

House prices rise at fastest rate since summer 2007: Halifax

House prices rose 10.8% on an annual basis this February, shows the latest Halifax house price index. This is the fastest rate of growth since June 2007, when house prices shot up by 11.9% on an annual...

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IFA Magazine

UK property market goes down the rabbit hole

There’s surreal and there’s the UK property market, which takes surreal to a whole new level. Imagine Dali, on angel dust.The Halifax house price index for

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Property Industry Eye

Agents accused of ‘breaking the law’ with ‘conditional selling’ tactics

“There is a filthy cancer in the estate agency world, which needs to be addressed,” claims mortgage broker, with agents at Connells accused of bad practice.

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This Is Money

House prices hit £275k in December 2021, ONS says

The average property price was £275k in December - £27k higher than in the same month a year earlier, according to the Land Registry’s house price index.

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Daily Mail

House prices hit £275k in December 2021, ONS says

The average property price was £275k in December - £27k higher than in the same month a year earlier, according to the Land Registry’s house price index.

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