Mortgage approvals for house purchases ticked down further in August as the housing market continued to cool and borrowers are increasingly negotiating prices according to experts

Mortgage approvals fall as buyers spy ‘room for negotiation’

The UK blue chip index moves higher despite continuing concerns over inflation, energy and supply chain issues

FTSE 100 upbeat with Next at a new high, but Royal Mail hit by downgrade

Increased homeworking during the pandemic has pushed up house prices in areas surrounding most of Britain’s biggest cities more than in the urban centres as buyers seek more space, research from the Halifax bank has shown.


Homeworking drives house price boom outside UK cities

Borrowers have their choice of more than 4,600 mortgage deals

How to get the best mortgage deal in the lenders’ rate war

UK banks expect defaults to rise over the coming months as households struggle to service debt taken on during the Covid pandemic.

UK banks expect a rush of defaults in coming months - CityAM

Deals offered by HSBC and TSB are available only to borrowers with hefty deposits

UK mortgage price war hots up with 0.94% fixed-rate deal

HSBC announced it would lend up to £5m to buyers on the 0.94 per cent rate which reverts to a 3.54 per cent rate after the two-year fix ends. Borrowers have to have at least 40 per cent a stake in the home.

Record low rates hit mortgage market (but beware the hefty fees)

The bonkers 0.94% rate is the lowest ever seen in this country, but homebuyers will need a massive deposit and £999 in cash up front to qualify for the homeloan

HSBC launches UK’s cheapest-ever mortgage at below 1% - but has strings attached

HSBC UK has reduced interest rates by up to 0.30 percent on more than 40 mortgages, the bank has announced today.

HSBC UK slashes mortgage rates to ‘lowest ever’ but some buyers should beware fee

Rising rents and increased demand tempt landlords to market

Buy-to-let mortgage rates plunge to fresh low

Home buyers face a mad dash to complete their purchases or risk paying up to £15,000 extra in stamp duty, as figures show transactions in May were 140% higher than last year.

Race is on for buyers to beat stamp duty deadline

UK residential property transactions fell in May, with transactions in the coming months likely to reduce further as the stamp duty holiday ends.

Property transactions fall in May as end of stamp duty holiday cools market - CityAM

London has brushed off fears its population plan to leave en-masse, however home working has influenced where workers would like to live in the capital.

So much for the pandemic exodus: Home sellers’ confidence grows while WFH drives suburb popularity - CityAM

Some borrowers took mortgage holidays as a ‘nice to have’ - but now they face extra questions and increased scrutiny from lenders when applying for a new loan.

Could your mortgage holiday stop you getting a loan in future?

Consumer confidence in the housing market has risen after the March Budget according to a survey from the Building Societies Association BSA

Consumer confidence in housing market rising

Halifax found that house prices had increased by 1.1% between February and March 2021 and are now 6.5% higher than in March 2020.

Industry reacts to Halifax House Price Index | Mortgage Introducer

Improving coronavirus conditions mean that sellers ‘are not as fearful of welcoming visitors to their homes’.

Stamp duty cut brings boom times for agents

A rush to secure mortgages before the end of what many thought would be the end of the stamp duty holiday in March has led to a rise in mortgage approvals.

UK mortgage approvals for February surge 20%

GBP/USD Weekly Forecast: Pound US Dollar Exchange Rate Heads Higher as England Eases Lockdown

GBP/USD Weekly Forecast: Pound US Dollar Exchange Rate Heads Higher As England Eases Lockdown

Gross mortgage lending reached £27.7bn in February, the highest figure in five years as buyers rushed to take advantage of the stamp duty holiday, according to Bank of England data. The total was 19 per cent higher than a year earlier, when lending was £23.3bn, and 13 per cent more than January’s fi…

Lending reaches five-year high in February: BoE | Mortgage Strategy

Almost one in five homeowners have been unable to remortgage since the start of the pandemic, a survey by Comparethemarket suggests. Moreover, the same proportion of first-time buyers have seen a property purchase fall through. The remortgage figures suggest that unless criteria improves, many borro…

One in five unable to remortgage since Covid hit | Mortgage Strategy

Barclays has pushed its loan to income (LTI) multiples back up to 5.5 for high earning borrowers with immediate effect.

Barclays raises LTI multiples for high earners - Mortgage Solutions

Three in four homes in some parts of the country are having their valuations reduced by as much as 20% as lenders become increasingly fearful of a sharp fall in house prices.In a clear sign that banks

Will house prices crash? Plunging valuations fuel fears

Hundreds of thousands of buyers stand to miss out on the stamp duty saving as overwhelmed conveyancing, lending and search services grind to a halt. It has been estimated that more than 300,000 sales

How to buy your house before the stamp duty deadline

The average UK homeowner made more money from their home in the first ten months of this year than in the preceding three and a half years. The question now is whether they will keep this record gain

How will Brexit affect UK house prices?

Magni Finance is a high value mortgage broker based in London. We provide expert advice and a premium service.<br><br>We specialise in: Residential Mortgages, Buy to Let Mortgages, Large Mortgages, Private Bank Mortgages, High Net Worth, International Mortgages, Bridging Finance, Development Finance, and Commercial Finance

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