Barclays has made further rate cuts to its mortgage products, affecting deals for existing borrowers. This includes residential purchase-only mortgages, such as the two-year fix at 85% loan to value ...

A Fast Track Process has been launched as part of reforms to the Building Safety Regulator (BSR), aiming to unblock delays in the development of new homes. The government said the Fast Track Process ...

The UK housing market remains in a state of flux, but the latest data points to signs of stability and resilience. A net balance of -26% of survey participants reported a fall in new buyer enquiries ...

Specialist lender Shawbrook has enhanced its lending criteria to support landlords investing in serviced accommodation. The firm said that as part of the criteria change, it would lend on portfolio ...

Swap rates are agreements between two parties exchanging one stream of future interest payments for another based on a specified principal amount. Mortgage lenders use them to mitigate the interest ...

Islamic property finance fintech Offa has hired seven to its team across underwriting, broker support and finance roles. Mohammad Mia joins Offa as a business development manager (BDM) for bridging ...

Specialist lender Vida Homeloans has made “significant enhancements” to its residential affordability assessment through changing its stress rate. The firm said the stress rate change was a “strategic ...

There were 41,500 remortgage approvals in May, a rise of 6,200 on the previous month and the highest level of remortgage activity since February last year, data from the central bank showed. Melanie ...

Dudley Building Society has reported a £14m rise in gross mortgage lending to £124m for the year 2024/25. The mutual also posted an 8.4% rise in its mortgage book, which grew from £477m to £517m.