The top 10 most read mortgage broker stories this week – 26/02/21
First-time buyers and the rise of technology in the mortgage market has also made this week’s most read.
And product changes by some of the big high street lenders has further grabbed reader attention this week.
Nationwide cuts rates and adds £1,499 fee range
Buy-to-let market opens up to first-time landlords – Moneyfacts
How one first-time buyer completed a mortgage through live chat alone – Wilson
TSB and Vida slash buy-to-let rates
Sunak set to extend stamp duty holiday for three months – report
Halifax and Virgin Money cut high LTV and shared ownership mortgage rates
Mainstream lender ‘hinting’ at 95 per cent LTV relaunch
Conveyancers rush to meet stamp duty cut off as volumes surge
Saffron BS relaunches JBSP mortgage at 95 per cent LTV and removes fees
Annual house price growth at four-year high – Zoopla
The top 10 biggest mortgage broker stories this week – 12/02/21
First-time buyers were a theme in this week’s most read as longer terms disappear while brokers suggest these home hunters are not waiting to see if house prices drop.
A rise in mortgage arrears and banks relaxing interest-only terms were also among the biggest news stories.
Help to Buy extended for all buyers and builders until 31 May
Nationwide cuts rates, Foundation lifts LTVs and TML adds Help to Buy – round-up
First-time buyers hit as longest mortgage terms vanish – Quilter
First-time buyers are not waiting for price drops, they are ready to buy now – Marketwatch
Mortgage arrears jump and possessions set to rise – UK Finance
Barclays raises LTI multiples for high earners
Banks loosen interest-only mortgage terms but borrowers in the dark
Third of buyers do not negotiate property prices – Barclays
House price stability and central London bargains forecast for 2021 property market
TSB launches three-year fixes up to 90 per cent LTV
Top 10 biggest mortgage broker stories this week – 18/12/20
However, the government said there are no plans to extend the holiday, as buyers look for chain-free homes to try to complete before 31 March.
The British Mortgage Awards were also held this week, with the winners list making the most read – and be sure to check out the online ceremony if you missed it.
Also in this week’s biggest stories was a fine for Barclays and the extension of the furlough and self-employed schemes.
Furlough and self-employed grant schemes extended until end of April
Santander cuts residential and buy-to-let mortgage rates
Accord launches new Help to Buy scheme mortgages
No plan to extend stamp duty holiday, government confirms
TSB adds first-time buyer mortgages at 85 per cent LTV
FCA fines Barclays £26m for ‘poor treatment of its customers’
NatWest relaunches 90 per cent LTV deals
All the winners of the British Mortgage Awards 2020
Stamp duty holiday should be tapered off – BSA
Buyers seek ‘no chain’ properties as stamp duty deadline looms – Rightmove
Top 10 biggest mortgage broker stories this week – 11/12/2020
First-time landlords and reprimanded mortgage brokers have also been the among the biggest stories this week.
And a blog from Nationwide around verbal abuse from mortgage brokers has further grabbed reader attention this week.
Barclays relaunches 90 per cent LTV mortgages
First-time buyer landlords remain buoyant despite pandemic, brokers say
Halifax reveals 90 per cent LTV details and TSB slashes rates – round-up
Accord cuts 90 per cent LTV rates and reduces fees
Nationwide and NatWest refresh mortgage rates
Mortgage broker fined £50k for sending 174,000 illegal spam text messages
There’s no excuse for bullying or even racism from mortgage brokers – Nationwide
‘Some remortgage applicants are savvy enough to do it themselves, others are not’ – Star Letter 04/12/2020
Leicester-based mortgage broker with five aliases banned from regulated activity
Kensington withdraws core residential mortgages and raises minimum loan size
Top 10 biggest mortgage broker stories this week – 27/11/2020
There’s also been a warning for landlords to prepare for capital gains tax (CGT) changes, while lenders alerted brokers to the looming stamp duty deadline.
The continuing cladding scandal has also grabbed reader attention this week.
Nationwide cuts fixed mortgage rates
NatWest tightens affordability and stops lending to self-employed borrowers receiving SEISS
Landlords need to be prepared for every possibility with CGT changes – Young
Lenders warn brokers about completing legal work for stamp duty deadline
PM slams mortgage lenders for cladding response but leaves leaseholders with the bill
Law firm fined for breaching conveyancing AML rules
TSB limits self-employed to 75 per cent LTV as Santander tightens income demands
Landlords criticise Sunak’s decision to freeze renters’ benefits
Platform adds more 90 per cent LTV deals and Clydesdale cuts LTI cap – round-up
High rise buildings without cladding will not need EWS1 form after government u-turn
Top 10 biggest mortgage broker stories this week – 13/11/2020
Elsewhere, there was positive news as Barclays added high loan to value (LTV) deals and HSBC signalled its intent to return to 90 per cent LTV, while Moneyfacts said mortgage choice has increased.
Also among the top stories this week was Connells potential takeover of Countrywide, and a warning that the gap between exchange and completion is growing.
Help to Buy application deadline closes on 15 December
Santander tightens self-employed evidence requirements
Barclays adds high LTV deals and cuts BTL rates
HSBC keen for 90 per cent LTV return but concerns remain for 95 per cent
Mortgage choice increases for first time since June – Moneyfacts
Advisers self-serving queries means lenders can stay at 90 per cent LTV lending longer – Duncombe
Connells mulls £82m Countrywide takeover and issues damning verdict on rival
Second lockdown may add to property market strain – Knight Frank
Gap between exchange and completion growing, warns L&G’s Kevin Roberts
Over a million potential homebuyers have adverse credit – research
Top 10 biggest mortgage broker stories this week – 06/11/20
One of the biggest stories has been the FCA chiefs failure to explain why borrowers were not told payment holidays would affect lending decisions.
Product changes also grabbed reader attention this week, including Santander’s acceptance of mortgage prisoners.
Self-employed grant boosted for second lockdown
FCA chiefs fail to explain why borrowers were not told payment holidays would affect lending decisions
Halifax reintroduces two-year remortgage deals and overhauls rates
No Help to Buy extension coming – housing minister
Santander starts taking mortgage prisoner applications
Brokers fear lengthening backlogs as property market stays open in second lockdown
Pepper launches 85 per cent LTV mortgages
Nationwide increases switcher mortgage rates
Three banned from financial sector over sexual offence convictions
Homebuyers struggling with affordability restrictions – Knowledge Bank
Top 10 biggest mortgage broker stories this week – 30/10/2020
Stamp duty remains a hot topic – even though the housing minister has said there are no plans to extend the holiday ending in March.
Help to buy, the self-employed and product changes have also been among the most read stories this week.
First-time buyer priorities to change in 2022 – Laker
No plan to extend stamp duty holiday – housing minister
Mortgage borrowers face ‘double blow’ of higher rates as choice halves – Defaqto
Homes England apologises for Help to Buy delays after stepping in to clear backlog
Skipton BS slashes high LTV rates as NatWest makes increases and pulls deals – round-up
Nationwide caps self-employed mortgages at 85 per cent LTV
Self-employed treated as ‘second-class’ by some lenders, brokers say
Barclays cuts rates on high LTV deals
Lack of comparables and lender caution leading to down valuations – analysis
FCA investigating lifetime mortgage fees over fears Covid-19 may increase unsuitable advice
The top 10 biggest mortgage broker stories this week – 23/10/20
There has also been a slew of lender product updates, especially at the higher loan to value (LTV) levels.
At the same, this week’s Marketwatch was in the most read list, which warned some high LTV home movers may have to stay put for the time being
Start by November or risk missing stamp duty savings, homebuyers warned
Reliance launches key worker mortgage range including 90 per cent LTV deal
Santander pulls two-year fixes at 85 per cent LTV and increases rates
High LTV home movers may have to stay put for now – Marketwatch
TSB launches first-time buyer range with lower stress rate
HSBC cuts 85 per cent LTV rates
Clydesdale and Yorkshire Bank add higher LTV products
UK faces ‘unprecedented uncertainty’, Bank of England boss warns
Barclays adds resi and BTL deals up to 75 per cent LTV
Housing transactions return to pre-Covid-19 level – HMRC
Top 10 biggest mortgage broker stories this week –16/10/20
The stamp duty deadline and concerns that it may not be met made headlines.
And home workers claiming tax relief and the use of mortgage payment holidays were also among the most read.
Halifax to accept mortgage prisoner remortgages
Nearly 55,000 people working from home claim tax relief
Borrowers used mortgage payment holiday to build reserve fund – Experian
Stricter mortgage credit scoring and higher rates expected in Q4
Coventry BS dips back into 90 per cent LTV for two days
Lenders granting mortgage loan requests reaches peak – MBT
Competitive rates and a busy remortgage market on cards for 2021
Conveyancers could struggle to complete transactions to meet stamp duty holiday – Sinclair
Without the facts it’s best to ‘keep your mouth shut’ – JLM
Equity Release Awards 2020 – the finalists