With pressure beginning to ease for homeowners across the country as more lenders start to cut rates, lower-income households are much less likely to remortgage their homes despite...
New data from Mortgage Advice Bureau has found that equity release borrowers favoured using their released funds to cover home improvements rather than remortgaging during Q1 2023.
Around a third of property investors are struggling to remortgage after failing their lender's affordability test, according to research from Mortgages for Business.
68% of landlords have indicated that they will likely raise rents to offset any potential rate rises when they come to remortgage, according to new data from Landbay.
Continuing uncertainty in the property market, fuelled by events during the last few months of 2022, has led to a 20% drop in mortgage approvals in the past year. Conversely,...