Paragon Bank’s introduction of a £1,000 cashback incentive across 21 buy-to-let mortgage products is a clear signal of competitive positioning in a tightening lending market. This offer applies to a mix of five-year fixed rate deals covering single self-contained properties, hous
May’s mortgage data reveals a clear slowdown in the UK housing finance market. The number of mortgage approvals fell below 50,000, the lowest monthly figure since mid-2020. This decline follows a series of interest rate hikes by the Bank of England, which now stand at 5.25 per ce
Mortgage approvals in May 2026 dropped by 10.8% compared to the same month last year. This decline is significant given the broader context of rising interest rates and economic uncertainty. The number of buyers securing financing is a key indicator of market demand, and a sustai
Recent moves by Fleet Mortgages, The Mortgage Works, Accord Mortgages, Coventry for Intermediaries and Atom Bank indicate a notable shift in buy to let lending conditions. These lenders have cut mortgage rates across various product ranges including standard, limited company, HMO
Halifax’s latest figures reveal that UK house prices fell by 0.1% in April, marking the second consecutive month of decline. The average property value dropped to £299,313, down £296 from March. Annual growth has slowed to just 0.4%, half the rate recorded the previous month. Thi
TMW’s decision to reduce switcher mortgage rates by up to 25 basis points tomorrow follows a broader wave of price adjustments among UK lenders this week. The move comes shortly after TMW cut rates on its new business deals, signalling a strategic push to regain or retain market
The recent drop in average three-year fixed mortgage rates to 5.28% reflects a swift lender reaction to changes in the swap market. Moneyfacts data shows 20 lenders have cut prices, signalling a more competitive environment for borrowers after a period of rate increases. The two-
Barclays and NatWest have recently signalled a potential drop in mortgage rates, breaking from the trend of steady increases seen over the past year. This shift could ease borrowing costs for investors, especially those looking to expand portfolios or refinance existing loans. Ou
June 2026 data reveals a notable contraction in UK home sales, with no region spared from the downturn. According to Property Industry Eye, transaction volumes have dropped significantly compared to this time last year. This broad-based decline suggests that market cooling is not
Rates are falling at several major lenders, but experts say this isn't guaranteed to continue and things could change quickly.
Skipton’s recent research highlights a stark reality for many UK renters. Around one in three are saving £100 or less each month towards a deposit, which, given current house prices and typical savings rates, translates into a 35-year wait before they can realistically buy a prop
Someone buying a flat in Britain currently faces the prospect of paying £2,845 on service charge per year, analysis of current sale listings has revealed.
