TSB and Virgin Money have both announced increases to their mortgage rates, with TSB’s one-year fixed rates for residential and buy-to-let borrowers rising by 30 basis points. This follows a pattern of gradual rate adjustments from mid-tier lenders aiming to protect margins amid
Mortgage approvals in the UK have dropped to their lowest point since early 2023, according to recent data. This decline reflects a cautious stance among buyers amid ongoing mortgage market volatility. The number of approvals has fallen significantly compared to the same period l
Nationwide for Intermediaries will increase fixed and tracker mortgage rates by as much as 21 basis points from 30 September. This adjustment covers a broad range of products, including house purchase, remortgages, first-time buyer deals, and products for existing customers. The
The disappearance of mortgage deals below 5% signals a significant shift in the UK lending market. Major lenders have raised their rates, pushing the average fixed mortgage cost above this threshold for the first time in several years. For property investors, this means borrowing
The buy-to-let sector has weathered a storm of rising interest rates and operational expenses over recent years. Yet recent data from Mortgage Strategy points to a gradual recovery, with rental growth picking up in key regions. This suggests landlords who held firm through the to
Mortgage rates in the UK are edging closer to 6%, with the average two-year fixed rate now at 5.92%, the highest since mid-2024. This continues a steady upward trend driven by lenders adjusting pricing in response to broader economic pressures and Bank of England base rate moveme
Paragon’s recent report on 30 years of buy-to-let (BTL) mortgages reveals a striking trend: landlords have maintained lower mortgage arrears rates than homeowners in every single year but one since the product’s inception. This counters a common perception that buy-to-let lending
GB Bank’s decision to raise its maximum loan size from £20m to £25m signals a targeted move to attract larger-scale commercial property investors. This increase aligns with a growing appetite for more flexible finance structures, as the bank now allows borrowers to blend bridging
The lettings market is experiencing an unprecedented level of landlord property exits, with 562 homes leaving the sector each day in the third quarter of 2026. According to TwentyEA data, this amounts to 44,000 properties withdrawn since July, the highest quarterly figure since t
TSB is set to increase mortgage rates by up to 25 basis points, following a series of hikes last week. This move affects both product transfers and additional borrowing for residential mortgages, with buy-to-let rates also on the rise. Kensington’s recent buy-to-let rate increase
TSB’s decision to increase mortgage rates by up to 25 basis points, following a recent round of repricing, signals ongoing cost pressures for UK property investors. This move affects product transfers and additional borrowing for residential mortgages, with buy-to-let borrowers a
Barclays, Halifax and BM Solutions have increased some mortgage rates by as much as 30 basis points, with changes coming into effect tomorrow. For example, Barclays is pushing its 10-year fixed rate at 60% loan-to-value from 5.12% to 5.42%, accompanied by a £999 fee. This move fo
