A new government study of the English Housing Survey shows private renting has reached 4 million homes and now exceeds council renting.
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Category Archives: Help to Buy scheme
The British Bankers’ Association (BBA) has said mortgage approvals are up 57% on the previous year and the highest since September 2007.
The rate of house building has boosted UK construction but will still be short of the 240,000 homes needed each year.
Mark Carney, the Governor the Bank of England played down a possible housing bubble.
The mortgage industry expects to see further demand for mortgages among consumers in 2014 and that demand remains healthy rather than excessive.
The construction activity index rose more than expected helped by a surge in house building in the UK.
As fears of a house price bubble loom, Governor Mark Carney stops mortgage lending offered by the Funding for Lending scheme.
The Treasury Select Committee has asked the Bank of England to clarify its Help to Buy role as property prices rise.
The Council of Mortgage Lenders has warned the government’s Help to Buy scheme could become another US mortgage crisis.
Figures from the Council of Mortgage Lenders (CML) show that mortgage loans were up 17% on the previous three months.