An uncertain economic outlook from Brexit and squeeze on household budgets sees house prices at slowest growth since May 2013.
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Category Archives: Buy-to-let
The Bank of England has raised interest rates by 0.75% which increases the cost to homeowners with variable rate mortgages.
Parents could be better off buying a student flat than paying children’s rent as prices in university towns rise £38,666 during a three year course.
There are over 5 million people with multiple properties after a 30% increase in their numbers since the start of the century.
Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.
Home buyers start the year strongly with mortgage lending of £8.9 billion in February which is an increase of 7% over the month.
The rise in property values for the East of England are leading the market with new-build homes seeing a 32% price increase in the last year.
The Treasury is to give the Bank of England powers to limit lending to the growing buy-to-let mortgage market to protect the financial system.
The lowest ever ten year fixed rate mortgage deal at 2.39% is launched by the Coventry Building Society after EU referendum.
The rate house prices are rising has slowed ahead of the EU Referendum with greater uncertainty expected from the Brexit vote.