News

May 12th, 2016

The Bank of England’s Monetary Policy Committee (MPC) has today held its Base Rate of interest at 0.5% once more, in the wake of a slowdown in the housing market.

Base rate was widely expected to increase at some ... Read More

May 10th, 2016

The UK’s largest building society will raise its maximum age limit for mortgage terms by 10 years up to age 85.

Nationwide said the increase was due to “growing demand”, a potential signal of the impac... Read More

May 5th, 2016

One of the UK’s largest buy to let lenders is tightening up its criteria for buy to let landlords by increasing the minimum deposit and rental coverage requirements.

The Prudential Regulation Authority (the PRA) h... Read More

May 4th, 2016

The insurer, Legal & General, released data yesterday that confirmed the level of monies being gifted by parents to children to complete property purchases will reach £5bn by the end of 2016. It’s estimated that the... Read More

April 27th, 2016

As an unprecedented volume of borrowers joined the rush to beat the April 1st introduction of stamp duty on second properties, the market saw a significant rise in

activity for the first three months of 2016. So mu... Read More

April 26th, 2016

Contractor friendly mortgage lender Halifax has this week re-opened its popular cashback incentive for those buying their first home.

Traditionally contractor friendly, even in the days when options were restricted... Read More

April 21st, 2016

Regulation in the mortgage market has continually been tightened and restricted ever since the MMR last year. As a result, there is more emphasis on credit history than ever before.

Your dream home, or re finance fo... Read More

April 21st, 2016

With only 2 months to go until the UK’s EU referendum, the Bank of England’s Monetary Policy Committee have warned a vote to leave poses the risk of less availability and higher interest rates on mortgages.

The ... Read More

April 20th, 2016

As the effects of the first wave of financial penalties to invest in buy to let property sink in this month, it appears that lenders are reacting to dwindling application volumes by reducing interest rates further. Key pla... Read More

April 14th, 2016

The Bank of England’s Monetary Policy Committee has once again voted in favour of keeping its Base Rate of interest at 0.5%, following the MPC’s monthly meeting to discuss.

Whilst there was a nod to a potential ... Read More