Latest mortgage news


02 Jan 2018

Cheltenham house price growth is five times higher than the UK average

The spa town of Cheltenham leads the table with 13% annual house price growth almost five times higher than the rest of the country.

23 Dec 2017

London’s Belgravia is home to the most expensive million pound streets

Six streets in London with average house price of over £10 million make the capital the most expensive in England and Wales.

20 Dec 2017

Houses on the market sell for nearly 4% less than the asking price

Homeowners selling their home can expect less cash than the asking price as the gap between asked and sold prices increases.

12 Dec 2017

Remortgage buyers at record levels helped by low rates for loans

The number of remortgage buyers and value of borrowing have reached record levels helped by record low interest rates.

12 Dec 2017

London borough house prices rise even though the capital’s market is subdued

For several boroughs in London house prices are rising although the capital as a whole is struggling to keep pace.

11 Dec 2017

Home movers stay and improve as they struggle to buy a new property

Homeowners struggle to move due to a lack of suitable housing at affordable prices and are opting to improve instead.

01 Dec 2017

House prices stable with low mortgage rates and lack of housing supply

The low mortgage rates, high employment and a shortage of homes are helping to keep house prices at their current levels.

28 Nov 2017

London price affordability reaches 14.5 times earnings, says Hometrack

House price affordability in London has reached a high of 14.5 times earnings and is well above the capitals fifteen-year average.

26 Nov 2017

Home buyers pay an extra £116,500 to buy a home in a national park

Buying a home will cost 46% more in a national park as homeowners can enjoy easy access to the great outdoors and beautiful countryside.

22 Nov 2017

Stamp duty cut for first time buyers will increase house prices, says OBR

Changes in the budget means most first time buyers will not pay stamp duty but the OBR expects house prices to rise instead.

21 Nov 2017

Over a third of parents unable to help children buy their first home

First time buyers are less likely to be supported by the Bank of Mum and Dad as a third of parents are unable to financially support their children.

14 Nov 2017

Property sales in London are lower by 24% over the year, says ONS

The number of properties sold in London have reduced 24% in the last year with those in England down by 17% as buyer demand falls.

02 Nov 2017

Building homes above London railways could solve housing shortage

There is enough space above London railway lines to build apartment blocks adding 250,000 new homes for the capital.

27 Oct 2017

UK housing market confidence slips to the lowest level in five years

The Halifax survey shows confidence in the housing market is at a five year low with one in five thinking prices will fall.

23 Oct 2017

First time buyers face higher costs with mortgage rate rise expected

The cost of a fixed rate mortgage has increased for first time buyers and the Bank of England is expected to raise base rates next month.

21 Oct 2017

Homebuyers pay £30,000 premium to live in market towns

English market towns command a £30,000 premium from homeowners or 12% more compared to living in neighbouring towns.

17 Oct 2017

London house prices for first time buyers reduce and remain negative

First time buyers in London can expect to pay less to get on the property ladder as house prices fall and expectations remain negative.

12 Oct 2017

Borrowing by home movers increases 20% by value in the last year

Homeowners showed resilience with borrowings from home movers rising to £8.4 billion up 20% compared to August last year.

05 Oct 2017

Help to Buy scheme receives £10bn boost to fund first time buyer homes

The government has pledged £10 billion for the Help to Buy scheme to fund 135,000 first time buyers to get on the property ladder.

29 Sep 2017

London house prices fall for first time in eight years

House prices in London are at £471,761 and negative for the first time in eights years with the weakest performance in the UK since 2005.

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