HomeOwners Alliance

The Bank of England now expects over five million homeowners to face higher mortgage bills by 2028, one million more than previously estimated. KEY INFORMATION More than 5 million households are now expected to face higher mortgage payments by the end of 2028, when they remortgage. The figure includes one million more households than the Bank of England expected in December. Borrowers currently paying below 3% face the biggest increases.

Metro Bank has launched a new Joint Borrower Sole Proprietor (JBSP) mortgage that allows eligible buyers to borrow up to 100% of a property's value with the support of family. We explain how the new 100% mortgage works, who it's for and how it compares with other options. Metro Bank has launched a new 100% mortgage product to help both first time buyers and home movers buy a home without a deposit by leveraging support from a family member.

If you’ve got a Halifax mortgage, it will soon switch over to Lloyds because the Halifax brand is being axed by Lloyds Banking Group. As part of the rebrand, borrowers will see their mortgage with Halifax changing to Lloyds. The group will stop opening new accounts under the Halifax brand and begin a process of moving existing accounts to Lloyds branding.

AI in the homebuying process is not yet mainstream but it is changing. Our research explores what sources people trust now and the possible future of AI in the homebuying process. AI has yet to become a mainstream part of the homebuying journey, but our research reveals a market in transition, with younger homeowners and active buyers increasingly open to using AI-powered tools alongside more traditional sources of advice.

The First Time Buyer ISA will replace the Lifetime ISA, with upper age limits and withdrawal penalties scrapped, under government plans. Lifetime ISAs will be scrapped and a brand new First Time Buyer ISA will be launched to help first time buyers, under plans announced by the government. The First Time Buyer ISA will replace the existing Lifetime ISA (LISA), which the government has admitted is “not working well” for many first-time buyers, under proposals in a consultation launched on 23 June.

As Keir Starmer steps down as Prime Minister, we look at the front-runner to replace him Andy Burnham’s potential policies and what they could mean for homeowners, house prices and mortgages and what impact it might have on your home move. KEY INFORMATION Keir Starmer resigned as Prime Minister on 22 June, and while a leadership contest must be held to find his replacement, Andy Burnham is the odds-on favourite to win it.

The time it takes to buy a house will be slashed by around four weeks, buyers will save money and fewer sales will fall down, says the government under plans published today to reform home buying and selling in the UK. We drill into the detail. KEY INFORMATION Buying and selling a home will become faster, cheaper, and less stressful, according to the government under major reforms announced today, which aim to cut delays, reduce and digitalise paperwork, and stop sales collapsing.

Our research with integrated retirement community provider ARCO reveals strong interest in this type of later life housing and the key features that drive appeal. More than half of UK homeowners (51%) would consider moving into specialist housing in later life – but a shortage of local options is holding back demand, according to new research from ARCO (Associated Retirement Community Operators) and the HomeOwners Alliance.

Borrowers may find it easier to get interest-only mortgages, while more flexibility for first time buyers and the self-employed are also being considered, under proposed changes to FCA mortgage rules. Have your say. An overhaul of how interest-only mortgages and other lending criteria work has been proposed by the Financial Conduct Authority.

Exciting news as HomeOwners Alliance welcomes leading property and mortgage expert Sarah Tucker as the organisation’s new principal voice on mortgage commentary, insight and advice. HomeOwners Alliance today announces a new partnership with Sarah Tucker, a leading property and mortgage expert, who will become the organisation’s principal voice on mortgage commentary, analysis and advice.