A divorce is never a convenient event to go through, but getting a divorce while still under a mortgage contract can be even more inconvenient. Both parties in a joint mortgage will be equally liable for repaying the debt till it is settled. Meaning going through a divorce doesn’t exempt you from repaying your mortgage … Continued

Are you considering renovation of your home? Prepare for a long and hard work, which will, fortunately, be followed by enjoying time with family in a lovely, neat home. There are steps to renovating the house which you should have in mind and shouldn’t skip. Because if you try to do renovation quickly and without … Continued

Founder and chief executive of Castle Trust Sean Oldfield is to step down from his role at the lender after seven years at the helm. Subject to regulatory approval, Oldfield will be replaced as chief executive by Martin Bischoff, who was managing director of retail distribution at Santander for five years to 2017 and recently … Continued

House prices rose by 0.2 per cent month-on-month in April, according to the latest Nationwide house price index. The year-on-year change is 2.6 per cent, and the lender says the average house price is now £213,000. Nationwide chief economist Robert Gardner says: “There was a slight pickup in UK annual house growth in April to 2.6 … Continued

Accord Mortgages has launched a range of 95 per cent LTV mortgages specifically for first-time buyers. The deals are available at two and five-year fixed rates and come with £1,000 cashback on completion and free standard valuation. Certain deals are available fee-free, including a two-year fix at 3.94 per cent, or a five-year fix at 4.40 per … Continued

First-time buyers are less likely than others to see the need to protect their mortgage payments — so advisers must focus on the facts. The difficulties facing first-time buyers are well known. That said, brokers have done a great job of helping this group get onto the housing ladder in recent years and we are … Continued

Tiuta a bridging loan lender and UX Mortgages a Buy to let lender can now offer customers a bridging loan to quickly purchase a property and at the same time underwrite the Buy to Let mortgage for the longer term as bridging finance can be a costly short term exercise. This is great for people … Continued

Natwest will be increasing its fixed rates across its core, semi-exclusive and buy to let ranges. On its core range two year fixed rates will be increasing by up to as much as 15 basis points depending on the loan to value (LTV). Five year fixed rates will also increase for 60 per cent and … Continued

The West of England has ben designated a “high housing demand area” by the Ministry for Housing, Communities and Local Government. The majority of funding will be being put into Oxfordshire and they have agreed £215m of funding which should help grow 100,000 by 2031. Housing Minister Sajid Javid has said Government support should nearly … Continued