The UK cities house price index from Hometrack shows growth in the north is taking the lead as London trails after Brexit uncertainty.
Monthly Archives: August 2016
Data from the Council of Mortgage Lending show first time buyers are driving the market with lending up 25% to £5.5 billion over a year.
Homeowners have used equity release to withdraw a record £8.2 million of housing wealth per day or £0.5 billion each quarter.
Uncertainty with the EU Referendum has seen London house prices stall increasing by 0.2% for the month to June down from 1.5%, says ONS
The Bank of England has reduced interest rates from 0.5% to 0.25% but will your mortgage benefit from the decrease?
The housing crisis is no longer just a London problem as home ownership plummets to the lowest level across the country.