Shekina Tuahene

The average new lifetime mortgage borrower has seen the value of their home increase by more than £122,000 between 2018 and the first half of this year, data from a lender showed.

Homebuyers paid £1.35bn in stamp duty in October, up from £1.1bn in September, data from HMRC showed.

NatWest has increased select mortgage rates by 0.1%, taking effect on 22 November.

Brokerage Just Mortgages has appointed Tara Catnott as its area director within its self-management team in the North of England.

Pepper Money has brought out concessionary purchase criteria, which will allow 100% loan to purchase price.

There is expected to be a rise in capital investment in bridging lending, a senior figure of a consultancy firm said.

Commercial brokers have said they want funders to be more open-minded with cases, a survey from a specialist brokerage found.

MQube, parent company of digital lender MPowered Mortgages, has made its AI chatbot available to a select group of lenders.

Nottingham Building Society has integrated auto-assisted underwriting technology to speed up decision-making and enhance customer service.

Aldermore has updated its buy-to-let (BTL) remortgage criteria for properties that have been purchased within the last six months.