Latest mortgage news - Mortgage Buyers


21 Apr 2016

Homeowners use equity release to unlock £393m from property in 2016

The Equity Release Council reports biggest quarter for homeowners borrowing from their property with £393 million of mortgages.

15 Apr 2016

Brexit could see mortgage rates rise and UK property prices fall

George Osborne has warned mortgage rates would increase if the UK leaves the European Union increasing the cost to homeowners.

14 Apr 2016

Mortgage lending increases by 21% with help from buy-to-let investors, says CML

The surge in buy-to-let investors ahead of the stamp duty tax has helped to increase mortgage lending to a new high in February.

14 Mar 2016

Mortgage lending costs could rise with new international rules for lenders

Proposed changes to international banking rules for assessing credit risk would be detrimental to residential and buy-to-let mortgages.

10 Mar 2016

Remortgage lending surges in January, says CML

Data from the CML shows remortgage lending for homeowners and buy-to-let market rises significantly by numbers and value for January.

03 Mar 2016

UK house prices decreased slightly in February, says Halifax

Data from the Halifax shows house prices in the UK have decreased by 1.4% for the month to February although over the years prices remain 9.7% higher.

22 Feb 2016

Homebuyers are stretching to buy their homes with long term mortgages

The CML has said homebuyers are stretching their finances by selecting mortgage terms of greater than 25 years to afford their homes.

11 Feb 2016

Mortgage rates fall to record lows as interest rates not expected to rise

The Bank of England are unlikely to raise interest rates this year due to market forces sending mortgage rates for borrowers to record lows.

25 Jan 2016

Fixed rate mortgages for five-years under 2% now offered by lenders

The HSBC have returned with a five-year fixed rate mortgage of 1.99 per cent with a high fee, but should you commit to such a long term?

21 Jan 2016

Mortgage lending up 8% for the year is the highest since 2008

Data from the Council of Mortgage Lending (CML) shows gross mortgage lending for 2015 is the highest for seven years as demand remains high.

12 Jan 2016

First time buyer numbers remain strong as more select 35-year mortgages

There were 310,000 first time buyers in 2015 according to the Halifax with an increase in the number taking 35 year mortgages.

23 Dec 2015

First time buyers must save for 24 years to afford their first property

New research by the Resolution Foundation finds the average first time buyer takes 24 years to save enough deposit to buy their home.

Call for your free quote 0800 955 0058

  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

    CONTACT

    Address:
    9th Floor, 30 Crown Place
    London, EC2A 4EB

    Phone:
    0800 955 0058

    Email:
    info@londoncitymortgages.co.uk

    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2025 © London City Mortgages.