5+ day, 14+ hour ago   (356+ words) Gross mortgage lending increased by 11.1% compared to the previous quarter, rising to £77.4 bn and 31.7% higher than a year ago, according to the latest Mortgage Lenders and Administrators Return (MLAR). The outstanding value of residential mortgage loans increased by 0.8% from the…...

1+ week, 5+ day ago   (258+ words) More than a million homeowners who took out mortgages in 2024 face a £283 hike in monthly payments or more than £3,000 a year as they move onto their lender’s SVR, according to a Freedom of Information request by Compare the Market from…...

2+ week, 5+ day ago   (370+ words) Newcastle for Intermediaries has extended its Affordability Boost proposition to new-build purchase applications up to 95% LTV. The feature allows customers who select a qualifying longer-term fixed-rate mortgage to benefit from an affordability assessment aligned with the product’s longer-term payment certainty,…...

3+ week, 9+ hour ago   (419+ words) The hunt for new-build properties that offer more space and better value for money is increasingly pushing homeowners out of London and into the commuter belt, according to the latest research by UK Property Development. It shows that demand for…...