News by date - May 2019
Homeowners can build extensions without planning permission
The government has relaxed rules to allow homeowners to add bigger extensions without the need for planning permission approval.
Buyers negotiate harder as discounts to asking price increase
The gap between asking and selling price has increased across cities as home buyers negotiate harder on the property price.
London home mover mortgages fall as Brexit remains uncertain
Home movers completing mortgages in London have reduced by -3.7% as homeowners wait to see the outcome of Brexit uncertainty.
Borrowers enticed with mortgage incentives from lenders
Lenders have additional perks with residential mortgages to attract borrowers with thousands of incentive deals on offer.
House prices in London boroughs struggle as regions defy Brexit
London boroughs record falls in house prices with Wales leading with 4.1% annual growth that defies Brexit uncertainty.
Demand in seaside towns sends house prices higher over decade
Holiday homes in Sandbanks rise 26% in the last year is the most expensive seaside town as prices rise over a decade.
CATEGORIES
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.
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.