EPC ratings have changed so it’s important that all landlords affect these. What’s changed? It’s now against the law in England and Wales for landlords to grant a new tenancy to either new or existing tenants if their property doesn’t have an Energy Performance Certificate rating of ‘E’ or above. How it affects new clients? […]
The development finance market is set to boom in 2018 and there are plenty of opportunities for brokers to be part of it. The commercial property market could also be set for a big boost as lenders are increasing their appetite and relaxing criteria. According to Finance 4 Business head of distribution Dave Pinnington (pictured), […]
Borrowers looking for high loan-to-value (LTV) mortgages appear to have been spared the impact of the Bank of England’s Base Rate rise as typical interest rates appear to have fallen. The data from credit insurer AmTrust also appears to show an improvement in general for first-time buyers (FTBs) looking to purchase with small deposits – […]
Highest Q3 new home registrations in a decade by: Owain Thomas – Mortgage Solutions Builders registered nearly 38,000 new homes in the UK during the third quarter of 2017 – up 6% on the same period last year and the highest Q3 total since the recession of 2007-08 According to NHBC’s latest new home registration […]
Source: Moneyfacts Updated: 26/10/2017 A recent study has revealed that while the majority of Brits are (still) in debt this year, the amount they owe is less than in 2016, a sign that matters are moving somewhat in the right direction. Given the strain that being in debt can cause, it’s positive to see that the […]
Six out of ten UK brokers now expect total UK lending to reach between £240 to 260bn next year; a further 15% believe the market could top out at over £260bn. The projected increase comes on the back of credible indications that the Bank of England intends to raise the Official Bank Rate for the […]
What is the top priority for borrowers when choosing a mortgage provider? A low rate is the answer which immediately springs to mind, but what if we look past this? The customer journey has changed considerably in recent times and the result is that we need to build a bigger picture to better understand what […]
By Greg Oxenham – Practice Principal, Mortgage ID Mortgage Industry pundits interpreting a leak from a “Tory source” are speculating that the Chancellor Philip Hammond is considering a “big cut” in stamp duty for first time buyers (FTBs). This would be a bold measure if it were introduced in a future Budget. The burden on […]
Life Insurance Is Essential, But… Royal London’s mega State of the Protection Nation survey conducted by Opinium Research has returned some stunning data. The research focused on discovering consumer sensitivity to the need to take out Life Insurance to protect individuals and families. Almost half (47%) of all consumers in the survey say life insurance […]
House Price Rises Continue To Be Driven By Desperately Low Supply UK house prices rose again in September to hit record highs across most of the country according to the Halifax House Price Index. The lender’s data showed house prices grew on a monthly, quarterly and annual basis during the last month, which comes on […]
