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December 8, 2023
A week or so on from the Autumn Statement (at the time of writing), I can’t help but feel there was a significant opportunity missed by both the chancellor and the government, specifically in terms of providing a much-needed boost to the housing purchase market for the start of 2024. As an industry, we were probably
November 14, 2023
Are we in a ‘perfect storm’ business-level situation when it comes to housing market activity? If so, what might this mean for advisers? The latest figures from UK Finance point to a market that is struggling in a number of areas. During the second quarter (Q2) of this year, borrowing for house purchases fell by
October 9, 2023
The incentive to secure a remortgage offer early is clear and obvious, not least with there still being a great deal of uncertainty about the way the mortgage market may unfold over the coming months. If borrowers are six months out from the end of a term, it will make sense, given where rates may still be heading,
March 28, 2023
Talk to many who work in the conveyancing sector as specialists in their field and you’ll probably be struck by how much they say the job has changed in recent years. What may seem a series of relatively simple tasks in order to get the client through to completion can be anything but, with the level of complexity
February 20, 2023
As 2023 gets into gear, advisers — and many trade bodies/industry commentators, etcetera — anticipate this year will be heavily focused on remortgage business. Recent research from Paragon appears to bear this out. Of 350 mortgage advisers surveyed, over three-quarters said remortgaging would be the ‘strongest
June 30, 2022
Business confidence across the UK is at a 15-month low according to the latest research from Lloyds Bank. Its latest monthly barometer — which looks at businesses across different sectors — found confidence fell by 10 points to 28% — the lowest level since March 2021, when the economy emerged from the second Covid
May 24, 2022
Leather on willow, a dawn chorus to wake you from your slumber, torrential rain lashing down unexpectedly — these are the sounds of spring. Historically, one might have included the knocking of ‘For Sale’ signs into the ground as the UK property market kicked into seasonal life. However, given the nature of supply,
April 22, 2022
When you’re busy, how do you prioritise your work? On the face of it, this seems such a simple question, but it’s actually the most fundamental, and potentially complicated, one that we have to address in our working lives. For those who manage staff it becomes even more complex because it’s not just your own work
February 23, 2022
Some people used to say, not so long ago, that first-time buyers (FTB) were the forgotten element of the UK housing market. FTBs were ‘briefed’ against relentlessly and, to mix one’s metaphors, snookered continually as a result of a market that favoured existing homeowners and landlords. Recent governments have tried
December 21, 2021
As we enter the final weeks of 2021, it’s reassuring to hear that business volumes and cases appear to be holding up well, and that confidence among the intermediary community on both business outlook and their own firms is high. The latest Intermediary Mortgage Lenders Association Mortgage Market Tracker shows