The number of mortgage advisers in the UK dropped by 11% in 2024, the first significant decline since 2020.

Sales of income protection policies surged by 18% in 2024, outpacing other protection products

Some lenders are cutting rates, while others are increasing them, as the Bank of England holds its base rate at 4%.

Major lenders have increased mortgage rates in anticipation of the Bank of England’s interest rate announcement.