Latest mortgage news - New-build Homes
Mortgage cap could be used to slow UK housing boom
As the demand for low deposit loans increases George Osborne gives the bank of England power to cap risky mortgage lending.
Bank of England not concerned about house prices as new-build homes increase
The current rate of house price inflation is not a major concern for the Bank of England as a property recovery was expected.
House prices for first time buyers rise of 10.5% is highest in the property market
Figures from the Office of National Statistics (ONS) show the price of homes for first time buyers have increased by 10.5% in the last year.
House prices are driven higher as UK has shortfall of one million homes
House prices were up 6.8% in January since a year earlier after a lost decade of building leaves the UK with a significant shortfall in homes.
House building boost will not meet demand for new-build homes
The rate of house building has boosted UK construction but will still be short of the 240,000 homes needed each year.
House building boost to UK construction
The construction activity index rose more than expected helped by a surge in house building in the UK.
New homes built in England rise by 6%
The government claims the number of new homes built in England for the three months to June this year is 6% higher.
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