Data from the Bank of England shows mortgage approval numbers have reduced confirming a slowdown in the housing market.
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Monthly Archives: September 2014
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.
The proposed mansion tax may deter wealthy investors from buying costing government revenue and is focused on London properties.
The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.
National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.
Demand for Help to Buy may be reaching a peak after data shows that house price growth is slowing and even decreasing.