Mortgages with rates below 5% are vanishing fast as Nationwide and Virgin Money became the latest lenders to announce price hikes.
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Mortgage rate rises hit property sales, says Zoopla
There has been a 9% fall in the number of property sales compared to last year as buyers are stung with higher mortgage rates, a report by Zoopla has revealed.
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Planning approvals for new homes fall to lowest level since 2012
Planning approvals for new residential properties in England fell by a fifth in the latest quarter, reaching their lowest level since 2012, according to industry figures. A total of 45,315 homes received planning permission in the second quarter of the year, according to data cited…
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More than a quarter of landlords plan to quit market: Spare Room
More than a quarter of landlords in England are planning to leave the rental market, according to research from SpareRoom. The flatshare site found 27% of landlords are exiting the sector altogether, while 36% are reducing the size of their portfolios. Fewer than 4% are…
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Precise joins LMS’ Panel Link
LMS has added Precise to Panel Link, supporting the specialist lender with panel management and enhancing operational processes for its residential mortgage products. Joining Panel Link, Precise will have access to compliant law firms and digital solutions for key processes. Precise provides solutions to traditionally…
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Paragon reaches £90m Growth Guarantee Scheme milestone
Paragon has supported over 300 SMEs.
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Two in five mortgage holders have no protection policy – MetLife
The latest research from MetLife UK described millions of homeowners as ‘living on a financial tightrope’.
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DIFF podcast: Modern fatherhood – Changing roles, pressures and expectations
This month’s Diversity and Inclusivity Finance Forum (DIFF) podcast focused on modern fatherhood.
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UK residential transactions fall in August amid Budget concerns
Residential property transactions fell again in August, continuing the decline seen in July.
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Quarter of homes relisted as buyers manoeuvre costs – Zoopla
A quarter of newly listed homes in September had already been up for sale this year, as higher costs and buyer choice shaped the property market.
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