All Mortgage Stories

The Society says the unified approach will deliver a 'faster, smarter service'.

The cuts follow a reduction to the minimum income required for enhanced LTI ratios through First Time Buyer Boost.

Only two in every five of the lenders polled were confident their servicing teams were ready to deal with the results of an increasingly volatile economic environment.

More than 220,000 new mortgages were approved, representing 31% of all market approvals.

Rates have reduced by up to 0.19% across purchase, remortgage and product transfer.

Nationwide’s lowest rate is now 3.60% for new and existing customers looking to move home.

Lifetime mortgages and retirement interest-only lending both increased in Q3.

Chris Blewitt, head of intermediary distribution at Darlington Building Society, explains why lower headline salaries or a foreign passport do not equate to higher risk.

Lloyds is committing a further £1bn for first-time buyers.

The typical first-time buyer home now costs 5.9 times average earnings – the lowest ratio since 2015.