Homebuyers can expect tougher affordability tests from lenders when applying for mortgages as Bank of England acts over easy borrowing.
Monthly Archives: June 2017
Nearly one in three second steppers require over £20,000 in financial support from the bank of Mum and Dad to buy their next home.
The number of property sales were -7% lower during 2016 with the majority of towns in England and Wales decreasing.
Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.
Despite the property market slowing down this year house prices have unexpectedly rebounded including expensive London.
The housing market has recorded its third consecutive monthly fall in house prices for May, the first time this has occurred since 2009.