6+ hour, 21+ min ago   (250+ words) Residential remortgage searches rose 11% year on year in August, but overall mortgage search activity slowed during the summer, according to the latest Twenty7tec Mortgage Market Snapshot. It found that 1,556,758 mortgage searches were completed in August, down 13% compared with July but up…...

5+ day, 8+ 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…...

5+ day, 8+ hour ago   (196+ words) Marsden Building Society has changed its expat buy-to-let mortgage criteria, to streamline the application process for intermediaries. The simplifications include removing the minimum income requirement, reducing documentation requirements for employed and self-employed applicants – for example, self-employed applicants now only require…...

1+ week, 6+ hour ago   (253+ words) Barclays will launch its new Fast-Track Remortgage today (7 September) after piloting the new product with mortgage intermediary Mortgage Advice Bureau (MAB). The Fast-Track Remortgage offers an alternative to a product transfer for eligible customers approaching their product end date and…...

1+ week, 5+ day ago   (675+ words) Henry Dannell Private Clients has structured a £5.22 million mortgage at 90% loan-to-value (LTV) for an international professional footballer relocating to the UK to join an English Premier League club ahead of the 2026/27 season. The player, who is in his early 20s, was…...

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, 5+ hour ago   (257+ words) More than half (58%) of would-be first-time buyers believe that existing debt would prevent them from being approved for a mortgage, while more than a third (37%) believe that they must find a 20% deposit. The survey of more than 1,000 prospective UK first-time…...

3+ week, 5+ hour ago   (347+ words) Mortgage intermediaries are handling the highest levels of business in 16 years, but their confidence about the wider market outlook has fallen, according to the latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association (IMLA). Its figures show that intermediaries…...