Home & Garden
UK lenders see 23% slide in mortgages for home-buyers in 2023
British banks and building societies expect to lend 23% less to home-buyers next year, taking mortgage volumes back to their level before the COVID pandemic after a two-year boom that lifted house prices by more than a quarter.
Where to find the cheapest mortgages before interest rates rise
The Scrooges at Threadneedle Street are preparing to deliver an unwelcome Christmas present for millions of borrowers and wannabe home buyers: the first Bank of England interest rate rise for more than three years and only the third since July 2007.
Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process ? TechCrunch
There are so many startups pledging to reinvent the mortgage process that it?s hard to keep up. But for anyone who has had to go through the process of applying for one, it?s clear that there?s plenty of room for improvement. The latest startup to raise venture money with the goal of making the pro?
UK mortgage lending slumps in April over stamp duty uncertainty
British mortgage lending slumped in April as a government decision to prolong a tax break on property sales came too late to influence buyers that month, but housing market activity looks on course to rebound, Bank of England data showed.
Mortgage lending in 2021 ?likely to be higher? than forecasts - Mortgage Solutions
Gross mortgage lending for 2021 could be even higher than the £283bn forecast by the Intermediary Mortgage Lenders Association (IMLA) after the chancellor revealed further stimulus for the housing market in his budget, said a member of the trade body.
Ecology Building Society revamps climate change mortgage | Mortgage Strategy
The Ecology Building Society has revamped its green mortgages for renovations and whole house retrofit, as its contribution towards the UK’s climate change targets. The West Yorkshire-based lender has introduced a new variable rate renovation product, which starts at an initial rate of 3.65 per cent while building
Mortgage: Paying extra each month could save tens of thousands but 'drawbacks' to consider
MORTGAGE payments will be part and parcel of many homeowners’ monthly budgets for a significant chunk of their lifetime. As the Bank of England Base Rate remains at a historic low, a mortgage expert has highlighted some considerations to make when it comes to overpayments.
Mortgage offers: How changing millennial trends may raise costs for baby boomer homeowners
MORTGAGE trends are shifting between different generations and as lenders respond to this, millenials and baby boomers could find themselves on a potential collision course. As new generations enter the property market, elderly homeowners may face limited options and raised costs.
Mortgage and me: 'A nightmare' Buyer recalls losing mortgage offer days before exchanging
MORTGAGE AND ME is the new weekly series which looks at how people are planning, saving, and using their money to get – and move up – the property ladder. This week, Express.co.uk hears about the “nightmare” one homeowner faced last year, as the coronavirus pandemic wreaked havoc on her plans.
Applying for a mortgage? 'Simplest way' to maintain a good credit score in a recession
MORTGAGES are a common way for buyers to purchase a property – be it their first home or a Buy to Let. Amid the current UK recession, some may well be looking to recession-proof their finances, including improving their chances of getting a mortgage.