GfK’s consumer confidence report, which measures members of the public attitudes, declined 21 points in February down from 19 points the previous month UK consumer confidence fell two points in February as reports of a technical recession dampened hopes. GfK’s ...

ASTL’s latest data shows a rise in completions in Q4 2023, increasing by 18.4% on the third quarter of the year to hit £1.69 billion Bridging loan books logged another record high in the last quarter of 2023, according to ...

The Origo platform is focused on speeding up the underwriting process and delivering speedier and stress free mortgages to borrowers using the power of artificial intelligence Nottingham Building Society has partnered with MQube to incorporate MQube’s AI-driven mortgage origination platform ...

During the last three months of 2023, a total of 29,060 new loans were advanced to older borrowers, marking a 37.1% decline from the previous year Mortgage lending to borrowers aged 55 and above dropped significantly in the last quarter ...

According to Rightmove’s latest house price index, average new seller prices rose by 0.9% on the month, or 0.1% year-on-year House prices strengthened in February, industry data showed on Monday, as mortgage rates continued to drop. According to Rightmove’s latest ...

An additional 36% would find it difficult to manage repayments, bringing the total who could struggle to nearly two-thirds (64%) and potentially putting many into financial distress More than a quarter (28%) of over-55s fear they would not be able ...

London saw the largest annual decline in house prices at -4.8% although monthly growth remained flat at 0% UK house prices have dropped 1.4% year on year, however, on a monthly basis they have shown signs of positivity with a ...

The year started strongly, with contributors completing £278.8 million of bridging loans in Q1 2023, the highest level of loans transacted in a single quarter A record £831 million of bridging loans was transacted by Bridging Trends contributors in 2023, ...

According to Moneyfacts’ UK Mortgage Trends Treasury Report highlighted a continuous decline in average mortgage rates for both two- and five-year fixed rate deals over six successive months The average two-year fixed mortgage rate dropped 0.37% month-on-month – its biggest ...

According to a report by the Resolution Foundation, one-in-three working age families (11.2 million) don’t have basic level ‘rainy day’ savings of at least £1,000 Over 11 million people in Britain do not have basic ‘rainy day’ savings of at ...

Homeowner mortgages in arrears increased by 7% to 93,680 in the fourth quarter of 2023 compared to the previous quarter In line with market forecasts, the number of homeowner and BTL mortgages in arrears has increased, shows the latest data ...

The rise is primarily the result of increasing food and energy costs, according to researchers The annual cost of enjoying a moderate standard of living in retirement has increased by £8,000 in a year. The Pensions and Lifetime Savings Association’s ...

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