Press & media - Dashly, a smarter way to manage your mortgage.

Mortgage warning as payments may rise by £500 - but downsizing could leave £205k windfall

As mortgage rates average six percent, thousands of people coming off fixed rate deals could consider downsizing if they know they can't manage the raised rates.
See what our Sales Development Manager, Peter Harte said.

Nearly three quarters of brokers have not seen significant green product innovation in last year – poll results

Around 72 per cent of brokers said they have seen no change when it comes to lender innovation on housing energy efficiency, such as green mortgages, an exclusive Mortgage Solutions poll has revealed. See what our CEO, Ross Boyd says..

Industry reaction to Nationwide House Price Index

Following Nationwide House Price Index, that showed house price growth was largely static on a month to month basis, down -0.2% between June and July and that annually, house prices fell -3.8% versus this time last year. Industry experts have reacted and shared their thoughts with IFA Magazine.

Latest UK inflation data better than expected, but what does it mean for mortgages and property? Experts react

Today’s news from the Office for National Statistics (ONS) has revealed the latest UK inflation data for the year to June 2023. For once it is good news, but how good is it really? The data show a fall in CPI inflation to 7.9% in June, down from 8.7% in the year to May, to the lowest level in over a year. Importantly, core inflation has also fallen by more than was expected, down to 6.9% from 7.1% last month. See what our CEO, Ross Boyd says...

Dashly’s message to brokers as EPC cost nears £14k

Data expert Dashly has called on brokers and lenders to do more to improve awareness of green mortgages.

This follows publication of its latest data, which shows the average cost for UK homeowners to improve their energy performance certificate ratings (EPC) stands at £13,981.87.

More mortgage market mayhem? - experts react to impact of 0.5% rate rise

Many mortgage experts raised concerns about the continuing rise in mortgage rates, but others were more optimistic about the future of the market. See what Ross Boyd, founder and CEO of Dashly, said.

Broking culture change - meeting the challenges of Consumer Duty

Consumer Duty is a game changer for brokers, but for it to work, it requires a conscious shift in both operations and mindset.

“Its implementation will mean that as an industry, we are all going to become much more outcomes-focused and data-driven, and more attuned to the needs of consumers than ever before,” said Pete Harte , our senior sales development manager at Dashly.

Consumer duty should bridge data gap between mortgage and financial advice

Consumer duty requires many new considerations for brokers.

Look what Martin Leonard, Chief Commercial Officer at Dashly, says..

Homeowners fixing six months ago could save £234 a month by switching now

Homeowners who took out fixed rate mortgages six months ago could save up to £234 a month by switching deals now, research has found.
Look what Martin Leonard, Chief Commercial Officer at Dashly, says..

Mortgage and Property experts comment as Bank of England hikes base rate to 4.5%

Latest announcement from the Bank of England that UK base rates are to increase by 0.25% from the previous rate of 4.25% to a new rate of 4.5%, must hardly come as a surprise. Today’s move signals the twelfth consecutive time since December 2021 that the Bank’s Monetary Policy Committee (MPC) has hiked bank rate to the highest level since 2008. It focuses on the Bank’s aim of reducing inflation back towards it’s 2% target, however the impact on house owners and mortgages is set to add to the pain that the cost of living crisis is already delivering for millions of Brits.

House prices see largest annual drop for 14 years – Nationwide

Ross Boyd, our CEO, was quoted in Mortgage Solutions. The drop in house prices and stabilising mortgage rates is encouraging much needed buyer demand to get the market moving again.

Stamp duty for first-time buyers - what are the rules around exemption?

Iain Swatton, our head of mortgages says: 'It’s not easy being a first-time buyer in the current market. Many have been scared away by higher than ‘normal’ mortgage rates.'

Halifax warns of ‘significant downward pressure’ on house prices over the coming months

Dashly was quoted in the Evening Standard, commenting on the current climate in the mortgage market:
“We are heading into a brutal winter, with confidence among buyers and sellers alike at its lowest level since the credit crunch.”

HMRC Property Transactions: “Last year’s data was skewed signifcantly by the Stamp Duty holiday” – reaction

The June 2022 property transactions data is out. And mortgage market leaders, including our very own CEO, Ross Boyd, all agree on one thing: Comparing June 2022 to June 2021 is worthless.
Find out what’s a more accurate gauge of where the market is going.

House prices £32,000 higher than a year ago

What is “rate trauma” and why are homeowners likely to be experiencing it very soon?
Dashly is commenting on the £32,000 house price hike compared to a year ago, and the rapid economic deterioration since May.
Find out what this means for homeowners and the mortgage market.

How a recession will hit house prices and buy-to-let landlords

Remortgage crunch? Is it starting now? As more and more red flags appear over the housing market, our CEO Ross Boyd weighs in on what Dashly’s data says.
Find out his and other experts’ opinions.

Average UK house price exceeds £260,000 for first time

Shortage of homes for sale in February pushes up house price growth for seventh straight month.

Dashly partners with Castlight Financial

Mortgage switching tool Dashly has taken a step closer to pre-approved remortgages through a partnership with Castlight Financial, part of Experian.

First Direct founder named as Dashly chair

Harris is the founding chief executive of First Direct, Prudential Banking’s internet banking arm Egg, and co-founded internet security company Garlik, which Experian bought in 2011.

Ex-Barclays man bets on Dashly

Former Barclays chief operating officer Mike Bagguley has given digital broker Dashly a vote of confidence with the announcement of him investing an undisclosed amount into the business.

Dashly expands adviser partnerships ahead of full launch

Dashly is running its adviser-only pilot exclusively through Paradigm before launching to the wider market in January 2020.

Habito vs Trussle vs Dashly ‒ free online brokers that help you get a mortgage

A host of online brokers have launched, offering to help you find your next mortgage absolutely free - this is what they offer

Adviser switching platform Dashly gears up for wider launch

Dashly identifies clients that could save money by switching and will launch to the wider mortgage adviser community in January 2020.

Worrying rise in execution-only product transfers

Product transfers are no bad thing if they are advised, but the problem is a significant percentage of them still aren’t and as an industry we need to address the issue of consumers taking out unsuitable mortgages

The big fixer-upper: How to solve the problems in the mortgage market

As it stands, most people switch mortgages every few years when their term ends, but this means that many consumers are unlikely to have the best deal on offer at all times.

A third of borrowers would let tech switch their mortgage: YouGov

Nearly a third of people would allow an online platform to automatically switch their mortgage to a better deal, according to a YouGov poll.

Loyal customers rewarded with mortgage imprisonment

A million UK customers loyal their lenders are exploited by persistent high rates and an inability to switch mortgage deals, a situation explained by Ross Boyd as “one of the biggest consumer travesties of our time.”

Lenders are seen as “transactional at best, dysfunctional at worst”

According to financial reporter, nearly 50% of all mortgage borrowers believe their mortgage provider wouldn’t care if they switched to another lender.

Mortgage lending for homeowners who “don’t fit the mould”

Aldermore’s “human approach” to lending will reformat their system so homeowners struggling to remortgage or with a complicated financial history will have an opportunity on the market.

Dashly can helps offset Brexit costs per household

This is Money suggests registering for Dashly as one of eight ways Brits can lessen Brexit’s impact on their finances, which are estimated to cost each household an extra £1,000 a year.

Brexit could help thousands of mortgage prisoners break free

Brexit might help free the tens of thousands of UK citizens trapped in high-interest mortgage rates without the option of renegotiation due to EU affordability regulations.

A British startup wants to shake up the mortgage market. Here's how

A new ‘always-on’ mortgage platform that one respected independent financial journalist has claimed could be a comparison site killer launched this week.

A new way to switch and save on your mortgage is launched

A remortgaging service which is continually searching for new deals and alerts customers the moment it finds a product worth switching to is being hailed as a ‘comparison site killer’.

New mortgage platform Dashly in FCA sandbox

Dashly says it is different to first generation ‘robo-brokers’ in that its technology shifts the focus of traditional mortgage search away from the end of fixed rate periods.

FCA approves two new mortgage firms for regulatory sandbox

The Financial Conduct Authority has named two mortgage firms as having been successful in testing in the fourth cohort of its regulatory sandbox.

Mortgage comparison and switching platform Dashly goes live

Dashly, the UK’s first genuinely ‘always-on’ mortgage switching platform that will “become the default way of sourcing your next mortgage”

New tool could help cut your mortgage bills by thousands of pounds per year

Online broker Dashly tracks rates and fees, calculates your property’s value and notifies you of cheaper mortgages - and you don't have to lift a finger.

Can you trust a mortgage robot? What online brokers do and why some may not be quite as smart as they claim - as another new one launches

The rise of robots offering to invest your cash, find you a cheaper mortgage and plan your financial future has been swift - but can you really trust all the claims?

It’s time to switch the mortgage — the app has just told me

Dashly aims to trawl the market for the latest deals — and alert you if it thinks you can save by ditching your mortgage.

Homeownership among the young drops to 27%

Young people are moving further away from financial stability, with fewer now likely to own their own home or have enough savings, according to the Office for National Statistics.

ONS: Housing affordability woes deepen as millennial homeowner figures drop

The number of young people who own a home has tumbled by 10 per cent in the last decade, underlining fears that the UK’s property market is becoming increasingly unaffordable to a new generation of buyers.

How does your money stack up against your peers? New interactive tool allows young people to compare their finances

While millennials are less likely to own a home than ten years ago, they are also less likely to be in debt, but how do you compare?

Flurry of FCA activity to impact mortgage advisers

Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms.

Potential first time buyers must expect to pay almost 13 times their annual salary to buy a home in London, shock figures reveal

First time buyers who want to buy in London must expect pay almost 13 times their annual salary to be able to afford to get on the housing ladder, shock figures reveal today.

UK house prices edged up last month due to lack of supply, new figures show

One expert said latest index pointed to a 'classic Mexican standoff' between buyers and sellers

Mortgage approvals blooming

Mortgage approvals hit a five-month high in June as the property market flourished in the summer sunshine.