Mortgage strategy: UK latest mortgage news
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The latest breaking UK mortgage news | Mortgage Strategy
WEBMortgage News. Mortgage Strategy offers the latest breaking UK mortgage news, covering mortgage rates, house prices, buy-to-let rates, mortgage products and other news around mortgage brokers, mortgage advisers and the mortgage industry as a whole. SPECIALIST.
Mortgage approvals hit two-high year: BoE – Mortgage Strategy
WEB8 hours ago · Net mortgage approvals rose 3.8% in August from the previous month, the highest level since August 2022, when they hit 72,000, according to the latest Bank of England data. The central bank’s August Money and Credit report adds that remortgage approvals lifted 7.9% to 27,200 over the same period, following five
Buy-to-Let Watch: Take it to the bridge... – Mortgage Strategy
WEB3 hours ago · Data from MT Finance’s Bridging Trends reveals that demand for bridging is at an all-time high. Its contributors’ gross lending was £201.8m in Q1 this year, up from £196.3m in Q1 last year. It’s positive to see that investment purchases were the second-highest use of bridging finance last quarter, accounting for 18% of all bridging ...
Mortgage approvals hit highest level in two years: BoE
WEBAug 30, 2024 · New house purchase mortgage approvals lifted to their highest level in almost two years, up 2.3% to 62,000 in July from a month ago, data from the Bank of England shows. Approvals were last higher in September 2022 when they hit 65,100, according to the central bank’s latest Money and Credit report. By contrast,
REA pulls £6.2bn proposal to buy Rightmove – Mortgage Strategy
WEB6 hours ago · An Australian property portal firm owned by Rupert Murdoch has pulled out of its £6.2bn pursuit to buy Rightmove ahead of a 5pm ‘put up or shut up’ deadline. REA Group had tabled four proposals to take over the UK business, with the last coming in on Friday, worth 781p a share. However, it now “confirms that it does
Mortgage network AR numbers up 110 in Q4
WEBJan 25, 2024 · The number of appointed representatives (ARs) across the main networks prevalent in mortgages increased by 110 in Q4 2023, the latest Network League Table has found. The number of AR firms leaving networks stood at 1,070, while 1,077 joined, the study, completed in early January, reveals. Paul Day, founder of Network.
UK resi mortgage market to grow 56% by 2030: Together
WEBBecky Bellamy 16 August 2022. The UK residential mortgage market is set to grow 56% to £400bn by 2030, according to a new study by Together. It also predicts that because of the rise nearly 500,000 mortgage applications will be dependent on specialist lenders doubling their market share to 4% of the overall UK mortgage market.
English new home starts slump by almost a quarter: MHCLG
WEB3 days ago · New home starts slumped 23% to 134,570 in England this year compared to 12 months ago, underling the task ahead of the new government to boost housebuilding to levels not seen since the late 1960s. New home completions fell 9.4% to 158,420 over the same period, according to provisional data from the Ministry of.
Buyers already benefiting from affordable mortgage rates
WEBOct 9, 2023 · Research by specialist lender Octane Capital shows that current homebuyers are already benefiting from an increased level of mortgage affordability, with the average monthly repayment for those purchasing in September coming in £64 less per month versus July of this year. Octane Capital analysed the cost of a