News

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 ...
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 ...
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 ...
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 ...
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 ...
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.
Together has brought out reduced-rate buy-to-let (BTL) products for landlords switching from bridging loans to longer-term ...
HSBC Life UK has recruited more BDMs and launched a protection adviser team to grow its presence in the protection market.
Speaking at the Diversity and Inclusivity Finance Forum (DIFF), Devika Wood, founder of women’s health collective I am Arla, ...
Around 3.5 million first-time buyers could have bought a home since the financial crisis and are waiting to enter the market, ...