Latest news for mortgage brokers and introducers - Introducer …
Nov 13, 2024 · Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Christmas offer with reduced rates across bridging range
4 hours ago · Experienced bridging lender KSEYE has launched a seasonal special offer. It’s reduced rates across its bespoke and Lite bridging products until the end of the festive period. KSEYE’s flagship bespoke bridging range is now available at lower rates across every LTV banding for residential, mixed ...
House price growth hit by stamp duty tax rise - Introducer Today
4 hours ago · More homebuyers will pay stamp duty in 2025, expected to hit house price growth by up to 1%, finds new analysis from Zoopla. From April 2025, stamp duty rates in England and Northern Ireland will revert to previous levels, resulting in a 2% tax on sales between £125,000 and £250,000 for homebuyers and a reduced rate of relief from SDLT for first-time buyers (FTBs).
Budget blues mean lenders raise rates despite Bank of England cut
Nov 18, 2024 · A slew of lenders have decided to increase mortgage rates, triggered by the expectation that the Budget will lead to higher inflation. At the end of last week Barclays, Coventry Building Society, HSBC, Nationwide, Santander, TSB and Virgin Money were amongst those to increase rates, despite the recent Bank of England base rate drop.
2025 rate falls will trigger more house sales – Rightmove forecast
Nov 18, 2024 · A combination of sustained positive market activity and mortgage rates probably falling has led to Rightmove’s 2025 forecast of a 4% increase in average asking prices. This is Rightmove’s highest prediction for increases in prices since 2021, with improving buyer affordability and the release of ...
Rightmove becomes a bigger player for lenders and brokers
The Track a Property feature allows homeowners to keep tabs on the estimated value of up to 10 properties. If owners are willing to share their mortgage information, they will then have access to remortgage calculators and the option to contact Rightmove’s broker partners, generating leads for those advisers.
Breaking News Archives - Introducer Today
Nov 18, 2024 · Here is today’s latest news from the world of mortgages and introducers. Join the debate by leaving a comment below a story. Remember, you will need to be logged-in to do this.
Housing transactions to surge in Q1 2025 – analysts’ predictions
Housing transactions in the first quarter of next year will surge, analysts predict. The end of the first time buyers’ stamp duty holiday has been confirmed as April 1 next year. This holiday was ushered in by the [2022] mini-Budget, and means there’s …
Intermediary confidence wobbled post-election, figures show
5 days ago · However, brokers’ confidence in their own business reduced slightly, following a sharp upturn in Q2. The proportion of advisers saying they felt ‘very confident’ about their own business fell from 54% in Q2 to 44% in Q3, while those …
Bank of England “navigating treacherous waters” over rate decision
Following the Budget and the Office for Budget Responsibility’s upward revision of inflation forecasts, the Bank of England is “navigating treacherous waters” ahead of tomorrow’s interest rate decision. That’s the view of industry experts interviewed by the Newspage service. Though ...