Press
The team at Altura comment regularly on mortgages and property for a range of news outlets, from well-respected industry publications to national press such as the BBC.
Brokers report ‘record breaking’ activity levels in January ‒ analysis
January was far busier than expected for many mortgage brokers, in some cases resulting in record activity levels. A host of property businesses have reported that January was busier than...
Nationwide HPI: “January was a tale of two halves” – reaction from estate agents and brokers
Following the Nationwide January house price index published this morning, Newspage have shared the thoughts of estate agents, mortgage brokers and financial advisers with IFA Magazine: Rob...
High street mortgage lenders cut rates as ‘price war’ commences
High street mortgage lenders Halifax, Nationwide and Virgin Money have all signalled cuts to their interest rates this week as broker predictions of a “price war” bear fruit...
New house price fears as turmoil ‘kills the market’
House price crash in London is fait accompli, says developer. The number of buyers searching for homes in London has slumped dramatically since the mini-budget, raising alarm over a steep...
Should the Chancellor go? - brokers react
With the chaos triggered by the mini-Budget, and mortgage rates continuing to rise, Riz Malik of R3 Mortgages called for the Chancellor to quit live on Sky News yesterday. PR platform...
Mortgage market turmoil hits broker recruitment hard ‒ analysis
Mortgage brokerages have said they are finding it harder to recruit new adviser talent, which is at least partly down to the turmoil seen in recent weeks. A host of intermediaries told Mortgage Solutions...
House prices could drop by up to 15% amid fears of interest rate hikes, analysts warn
Residential property prices could plummet by up to 15% next year amid growing concerns of further interest rate increases, mortgage brokers have warned. A number of mortgage...
Lenders pull hundreds of cheap mortgage deals from market (Copy)
Panicking lenders determined to hold on to their profits have pulled hundreds of cheap mortgage deals from the market. Banks and building societies do not want to offer borrowers low rates...
Chancellor's plan is the right one despite turmoil, government says
The government is preparing plans for major cost-cutting across departments to help balance the budget. The chancellor's plan for increased borrowing - announced last week - triggered...
House prices could drop by up to 15% amid fears of more interest rate hikes, experts warn
A 15 per cent drop would see £60,000 slashed from the value of a £400,000 home. House prices could plunge by between 10 and 15 per cent next year amid fears of further interest rate hikes, leading...
Mortgage deals pulled – views from brokers
In light of the news that mortgage lenders are pulling rates, a selection of mortgage brokers share their views with IFA Magazine. Rob Gill, managing director at mortgage broker Altura Mortgage...
UK house prices hit average of £294,845 in largest growth spurt since 2004
House prices leaped in June in the largest increase of monthly growth since 2004, hitting an average of £294,845 after months of declining growth. Climbing ever-closer to the £300,000 mark...
Government draws up plan for mortgages that your kids pay for after you die
The government is drawing up plans for extra-long term mortgages that would be passed on from parents to their children after their deaths. Under the plans, people would be able to buy...
50-year mortgages are latest idea to fix housing crisis
Ultra-long mortgages that could be handed down to children are being considered by Boris Johnson as a way to get young people on the housing ladder. Loans that last for 50 years are set to be...
No 10 considers 50-year mortgages that could pass down generations
Cautious welcome for idea to tackle housing crisis but experts warn of risks to those inheriting. Downing Street is exploring the idea of trying to tackle the housing crisis with ultra-long...
Idea for extra-long term mortgages passed on to children considered
As part of plans to ease the housing crisis, extra-long term mortgages on family homes that could be passed on from parents to their children are being considered within government...
Ministers consider extra-long term mortgages to tackle housing crisis
Experts were sceptical about the impact the proposal would have in the UK. Extra-long term mortgages on family homes which could be passed on from parents to their children are being considered...
Bank of England rate decision – “pending remortgage crunch will add to cost of living crisis” – reaction from mortgage brokers and advisers
Following today’s news that the Bank of England has hiked base rates to 1.25%, we bring you reactions from a number of mortgage brokers and advisers which clearly show that this latest rate rise...
Altura Finance adds Guy Nyirenda and Francois Taljaard to management team
Altura Finance has appointed Guy Nyirenda and Francois Taljaard to its management team, taking on the roles of head of commercial and specialist lending and operations director...
Shortage of property and desperate buyers behind ‘down valuations’ ‒ analysis
Intermediaries have suggested that apparent increases in the number of properties being ‘down valued’ may be driven by the ongoing shortage of property combined with buyers desperate...