First Mortgage News

CML Publishes 2014 Market Share Data The top five lenders provided two thirds of all mortgages issued in 2014, up slightly on the 2013 figures. These market heavyweights are: Lloyds Banking Group, Santander, Nationwide, Barclays and RBS.Between them these five companies lent over £134 billion to the British public, up from £111 billion in 2013. […]

The Bank of England’s unprecedented decision to hold the base rate at 0.5% for the sixth consecutive year in a row has seen interest rates remain at all time lows. It was cut to this level way back in March 2009, which is great news for those looking to jump onto the property ladder, remortgagers […]

This month saw the Council of Mortgage Lenders (CML) publish their data revealing the biggest mortgage lenders in 2014. Although a long way from the activity levels witnessed in 2007, the figures give an interesting insight as to how the competition has developed during the course of the year. The top 20 list places Lloyds […]

Intermediary Market Share Hits New Record Mortgage advisor market share has now risen to its highest level ever recorded, with advisors introducing 69% of all new home loans by value in the first two quarters of 2015, with 47,600 completions in quarter one, rising to 51,500 in quarter two.According to the Council of Mortgage Lenders […]

Recent figures released from the Council of Mortgage Lenders (CML), have highlighted some encouraging signs for the mortgage market as a whole. Notably remortgage activity seems to be undergoing something of a revival, with 31,600 remortgage loans taking place in June alone. During the course of the second quarter of 2015, the number of remortgage […]

When it comes to selling our homes, many approach this with a sense of dread. It can be stressful time with many things that could go wrong, such as withdrawn offers or delayed contracts. The importance of finding a good, credible estate agent is vital in enabling the whole selling process to go as smoothly […]