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Bank of England hikes interest rate to 4%

Mortgage Strategy
Mortgage Advisor
2 hrs ago

The Bank of England has increased the interest rate by 0.25% to 4%, the first hike since August 2023.  Members of,.. Read More;

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UK Finance sets out new initiatives to improve access to banking

Mortgage Strategy
Mortgage Advisor
3 hrs ago

UK banks and building societies have set out a range of new initiatives that will improve access to banking for,.. Read More;

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Housebuilding activity falls at fastest pace this year: S&P

Mortgage Strategy
Mortgage Advisor
3 hrs ago

UK housebuilding activity fell at its fastest pace this year in October amid rising borrowing costs and weak consumer confidence,,.. Read More;

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MPC decision: Mortgage market backs base rate hike

Mortgage Strategy
Mortgage Advisor
3 hrs ago

The mortgage market has welcomed the Bank of England decision to raise base rate today. Experts said the 25bps rise, to,.. Read More;

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Residential construction starts fall 29%, Glenigan finds

Mortgage Strategy
Mortgage Advisor
4 hrs ago

Residential construction starts fell by 4% in the three months to October, according to the latest Glenigan Construction Index. Residential construction,.. Read More;

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Accord cuts rates by up to 18bps

Mortgage Strategy
Mortgage Advisor
4 hrs ago

Accord Mortgages will cut selected residential and buy-to-let rates tomorrow, including substantial reductions on high loan-to-value deals. The lender will be,.. Read More;

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Six in 10 consumers have never had a protection quote: AMI

Mortgage Strategy
Mortgage Advisor
5 hrs ago

Six in 10 (60%) of consumers have never received a quote for protection, according to the latest research from the,.. Read More;

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Remortgages jump 37% but BTL purchases plunge

Mortgage Strategy
Mortgage Advisor
5 hrs ago

Residential remortgage searches jumped 37% year on year in October, but buy-to-let purchase activity fell sharply, according to Twenty7tec. Its latest,.. Read More;

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FTBs borrowing at least 5.5x income more than doubles since LTI rule change: Stonebridge

Mortgage Strategy
Mortgage Advisor
6 hrs ago

The number of first-time buyers borrowing at least 5.5 times income has more than doubled in the year since regulators,.. Read More;

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Earnings and house price gap in South and East of England remains substantial: e.surv

Mortgage Strategy
Mortgage Advisor
23 hrs ago

Despite earnings growth outpacing house prices since 2023, Londoners must earn almost twice median full-time earnings to buy the average,.. Read More;

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BDLA welcomes Phoenix Money as lender member

Mortgage Strategy
Mortgage Advisor
23 hrs ago

Phoenix Money Group has joined the Bridging & Development Lenders Association (BDLA) as a lender member. The privately funded lender provides,.. Read More;

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Annual rental inflation holds at 5% in October: Goodlord

Mortgage Strategy
Mortgage Advisor
1 day ago

October saw UK rents rise by 5% year-on-year, the latest rental index from Goodlord reveals. The index shows this marks the,.. Read More;

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