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Nationwide's Competitive Two-Year Fixed-Rate Mortgage Signals Positive Shift in Property Market
Mortgage brokers have hailed Nationwide's decision as a "watershed moment", anticipating a revitalisation of the property market and instilling hope among borrowers.
Pragati Singh Nov 10, 2023
Recent Data Reveals House Prices Fall in Largest Slump Since 2009
Data from Zoopla shows there has been a 23 per cent reduction in housing sales so far this year compared to the same time last year.
Callum Conway-Shaw Oct 30, 2023
UK housing market faces steepest annual price drop in 14 years
The abrupt increase in mortgage rates in recent months has been a response to the Bank of England's actions, which have raised interest rates 14 times since December 2021.
Pragati Singh Sep 04, 2023
The mental health of 14 million people is affected by rising mortgage rates
New research from Mind has revealed the detrimental impact that soaring mortgage costs are having on people's mental health, as well as their finances.
Taylor J. Mustafa Aug 09, 2023
Bank of England warns of rising mortgage payments and potential struggles for UK households
The Bank of England warns that nearly one million UK households will face higher mortgage payments due to rising interest rates, potentially impacting financial stability.
Pragati Singh Jul 13, 2023
HSBC makes a comeback in the mortgage broker market with adjusted rates
HSBC's return to the mortgage market amid rate adjustments reflects a turbulent landscape and changing economic conditions.
Pragati Singh Jun 12, 2023
Over one million UK homeowners are due to remortgage their homes in 2023
UK homeowners should consider a 'product transfer', which doesn't require legal help, when remortgaging their homes, according to Uswitch's remortgage adviser Kellie Steed.
Stanley Sills Mar 06, 2023
Husband and wife guilty of property scam in longest criminal trial in UK history
Edwin and Lorraine McLaren, from Renfrewshire, were found guilty of property fraud totalling about £1.6m.
William Watkinson May 17, 2017
Mortgages approvals hit three-month low as consumers rein in spending
BBA figures show credit card lending has hit 11-month high but consumer credit growth is slowing.
Dan Cancian Mar 24, 2017
Chinese banks deny man without arms a loan due to inability to provide fingerprints
The treatment of the double amputee and prospective homeowner sparked an outcry on social media.
Staff Reporter Nov 23, 2016
UK Mortgage approvals hit lowest level since May 2015
Bank of England data reveals fall but consumer lending expanded at the fastest pace in 11 years.
Gaurav Sharma Jul 29, 2016
Labour to give local councils 'rent regulation' powers to secure fairness says John McDonnell
McDonnell vows to help those 'at the mercy of an unforgiving, unrestrained housing market and landlords'.
Romil Patel May 21, 2016
UK house prices: Brits have to pay average of £197,000 for a new property says Nationwide
Lender says house prices will depend on building activity keeping pace with increasing demand.
Ian Silvera Oct 29, 2015
Lib Dems claim new rent-to-own scheme will help first-time home buyers who lack big deposits
Lib Dems claim 'rent-to-own' scheme will help first-time home buyers struggling to raise deposits.
Jerin Mathew Mar 14, 2015
UK house prices up more than £15,000 in 2014
House prices at London rose by more than 15% or £81,619 over the past year.
Jerin Mathew Dec 26, 2014
UK house prices fall as rent drops for first time in eight months
Monthly rents across England & Wales drop to £768.
Lianna Brinded Dec 19, 2014
London House Prices: Tiny Flat Worth Cost of Mansion in Spain or US
With a mortgage of £254,000, you can buy 250m² property in Spain, compared to 72m² house in London.
Jerin Mathew Oct 10, 2014
Building Affordable Global Housing to Cost $11tn: McKinsey
Acceptable housing must be located within an hour's commute of work and include basic services.
M Rochan Sep 30, 2014
Tories Pledge to Build 100,000 Homes And 20% Discount for Under-40s
Young professional couples would be offered 20% discount to get on housing ladder
Mark Piggott Sep 27, 2014
Russia's Sberbank Offers Free Cats on Home Loans
Russian lender looking to cash in on popular superstition and boost mortgage business.
Jerin Mathew Aug 29, 2014
Nationwide Profit Leaps 113% Amid UK Mortgage Market Revival
Nationwide has seen its underlying profits more than double for the 2013/14 year to almost £1bn.
Sean Martin May 28, 2014
Financial Ombudsman Fields Record Number of Mortgage Complaints
The FOS received a record number of complaints about mortgages last year.
Sean Martin May 14, 2014
Shelter Warns of Payday Loans Fuelling Rent and Mortgage Payments
The homelessness charity says one in five rent or mortgage payers has borrowed money to cover their housing costs
Ian Silvera Jan 15, 2014
Ex-Goldman VP Fabrice Tourre's Plea for New Trial in SEC Case Rejected
US District Judge Katherine Forrest upheld earlier ruling against Fabrice Tourre.
Jerin Mathew Jan 08, 2014
Bank of England Says UK Housing Market Like a 'Microwave'
BoE chief economist Spencer Dale says property market could turn from 'lukewarm to scalding hot'.
Jerin Mathew Dec 14, 2013
Britons Back Tories over Labour on Economy Despite 'Cost of Living Crisis'
YouGov/Sun poll finds majority think they'd be worse off or no better under Labour.
Shane Croucher Dec 13, 2013
BoE's Andy Haldane: Don't Slam Brakes on UK Housing Market
Bank of England policymaker says would be foolish to curb housing market so early in UK recovery.
Shane Croucher Dec 13, 2013
Bank of America's Pays $131m Settlement for Merrill Lynch Mortgage Probe
SEC said ML misled investors about mortgage securities it structured and sold
Lianna Brinded Dec 13, 2013
FCA Fines Bradford and Bingley Ex-FO Christopher Willford over Credit Crisis Failings
Christopher Willford fined £30,000 over failure to notify board about level of risk.
Michael Klimes Dec 12, 2013
Factbox: JPM List of Legal Woes and Fines
JPMorgan has stumped up billions of dollars in legal fees and settlements this year
Michael Klimes Dec 12, 2013
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