A new study suggests that a record £56billion worth of mortgage lending was granted to first-time buyers last year – representative of the highest level of new homeowner lending ever recorded by the Council of Mortgage Lenders (CML). Read More
Groups and trade bodies are advising homeowners that the Bank of England’s historic decision to cut its base rate to 0.25 per cent will not guarantee cheaper mortgages. Read More
Figures released for the end of 2015 have shown that the number of buy-to-let mortgages granted during November went up by 35 per cent when compared to the same period of 2014. Read More
During the period from July to September this year, the number of buy-to-let loans that were granted to landlords stood at 33,600, which represents the highest figure seen for any quarter since 2007. Read More
From next March, the European Union’s new rules will mean that the range of available mortgage products is significantly reduced for UK workers that are paid in a foreign currency. Read More
The latest figures from the Council of Mortgage Lenders (CML) have shown that mortgage lending surpassed £20 billion during September, which represents a rise of £200 million from the previous month. Read More
New research released by uSwitch.com has shown that a rising number of women feel pressured into choosing between taking on a mortgage and becoming a mother. Read More
A number of the UK’s leading mortgage lenders have started to sell products that allow prospective homebuyers to get onto the property ladder even if they only have a small deposit. Read More
Recent figures released by the Bank of England show that UK mortgage approvals during July hit the highest level since February 2014. Read More
The Council of Mortgage Lenders (CML) has revealed that gross mortgage lending reached approximately £22 billion in July, which represents a seven-year high and a £2 billion rise on June’s figure. Read More