Latest mortgage news - House Prices
Stamp duty changes could help house sales to increase this year
The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.
Stamp duty reform to benefit homebuyers but London homes are the hardest hit
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
How will a mansion tax on £2m homes work in the UK property market
Plans by both the Labour and Liberal Democrat parties would impose a mansion tax for properties worth £2 million or more if they win the election.
Mortgage lending increases as UK house prices continue to rise
Data from the Council of Mortgage Lenders (CML) shows mortgage lending is up while house price rise is higher over the year.
First time buyer mortgage lending falls as London house prices expected to stall
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
Buy-to-let landlords to own £1 trillion of property value by 2015
A report by lender Kent Reliance shows the value of buy-to-let property owned by landlords is at £930.7 billion increasing 13.3% in the last year.
Mortgage approvals at 14 month low indicates cooling housing market
Data from the Bank of England points towards a cooling UK housing market as figures show mortgage approvals are lowest since July 2013.
UK house price growth is slowing, says the Halifax
Homeowners can expect a considerable slowdown in house price growth with only a 0.6% rise this month based on Halifax data.
Mortgage lending for house purchases slows as UK house prices fall
Data from the Bank of England shows mortgage approval numbers have reduced confirming a slowdown in the housing market.
Labour’s mansion tax on properties over £2 million will hit London home buyers
The proposed mansion tax may deter wealthy investors from buying costing government revenue and is focused on London properties.
London house price average over £500,000 as sales of £1m homes expected to rise
The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.
First time buyers require ten times higher deposit than buying in the 1980s
National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.
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