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UK Govt borrowing rises to highest May level since 2020 " AJ Bell
11+ hour, 7+ min ago (505+ words) Government receipts increased by "3. 4bn compared with May last year. Government borrowing rose by more than 30% in May compared with the same month last year, reaching its highest level for the month since the start of the Covid-19 pandemic, according to…...
Visibility matters throughout the advice process, CRM to sourcing
13+ hour, 4+ min ago (202+ words) James Tucker, CEO of Twenty7tec, discusses why visibility matters throughout the advice process from CRM to sourcing. There is a growing difference between finding the right mortgage product and feeling confident it will still be the right product by the time…...
Stream Bank completes "642, 000 bridging loan to support Kent buy-to-let acquisition
17+ hour, 26+ min ago (253+ words) Stream Bank has completed a "642, 000 bridging loan secured against three properties, enabling a borrower to acquire and refurbish two buy-to-let homes in Kent. Stream Bank has completed a "642, 000 unregulated bridging loan secured against three properties to support the purchase and…...
Mortgage rates unlikely to be driven by Labour leadership contest, says John Charcol
10+ hour, 57+ min ago (768+ words) Nick Mendes said the market reaction to Andy Burnham's victory in the Makerfield by-election and the launch of a leadership contest had so far been limited. Mortgage rates are more likely to be influenced by inflation expectations and Government borrowing…...
Glenhawk launches UK broker roadshow to highlight bridging opportunities
17+ hour, 20+ min ago (337+ words) Glenhawk will host four broker breakfast events across the UK this summer, focusing on emerging opportunities in the bridging market and lending trends for the second half of 2026. Glenhawk has announced a series of breakfast roadshow events for brokers across…...
Stamp Duty bill on average home rises 1, 260% as threshold remains frozen since 2006
17+ hour, 23+ min ago (297+ words) Coventry Building Society says average Stamp Duty bills have risen from "340 to "4, 570 over the past 20 years as house prices outpace unchanged tax thresholds. The Stamp Duty bill on the average home in England has increased by 1, 260% since 2006, according to new…...
HSBC to cut mortgage rates across residential and buy-to-let ranges from Monday
15+ hour, 4+ min ago (255+ words) HSBC will reduce rates across a wide range of residential and buy-to-let mortgages from Monday 22nd June, including products for first-time buyers, home movers, remortgage customers and existing borrowers. HSBC UK will reduce rates across a broad range of residential and…...
Atom bank cuts Prime mortgage rates by 0. 15%
17+ hour, 12+ min ago (212+ words) Atom bank has reduced rates across its Prime mortgage range by 0. 15%, with pricing now starting from 5. 29%. Atom bank has reduced rates across its Prime mortgage range by 0. 15%, with the changes taking immediate effect across products up to 95% loan-to-value. The reductions…...
Zephyr Homeloans cuts all fixed rates
15+ hour, 39+ min ago (134+ words) Zephyr Homeloans has made a 15bps reduction across all buy-to-let (BTL) fixed rates. As a result, 2-year fixed rates now start from 2. 99%, while 5-year fixed rates start from 4. 69%. The headline rates are available with a 7% product fee. Brokers can choose from…...
Industry welcomes homebuying reforms but calls for practical delivery
17+ hour, 1+ min ago (1686+ words) Mortgage, conveyancing and property industry figures have welcomed Government plans to introduce upfront sales packs, earlier binding agreements and greater use of digital technology, while calling for clarity on implementation and oversight. The property industry has broadly welcomed Government reforms…...