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UK mortgage lending rises as high-LTV share hits 18-year high
4+ day, 2+ hour ago (374+ words) Gross mortgage advances in the UK increased 11.1% during the second quarter of 2026 to £77.4 bn, according to the latest Mortgage Lenders and Administrators Statistics. Lending was 31.7% higher than in the same quarter of 2025. The figures are based on returns from around…...
Rate war intensifies as lenders chase rivals' customers
6+ day, 5+ hour ago (371+ words) Lenders are cutting rates to poach rivals' customers as property values fall, even as fresh signals point to a possible RBA hike this month. Canstar data insights director Sally Tindall (pictured) said the discounting reflects a broader shift in how…...
Mortgage competition is costing lenders $1b a day
1+ week, 5+ day ago (73+ words) AFR Mortgage borrowers are switching $1 billion across lenders every day around the country, forcing banks to fight over a shrinking pie and sharpen their efforts to retain existing customers. Around 664,000 home loan customers holding $371 billion of mortgage balances shifted lenders…...