
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
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.
Data from the Bank of England points towards a cooling UK housing market as figures show mortgage approvals are lowest since July 2013.
As property prices in London begin to slow the share price of the capitals best known estate agents falls following a profit warning.
People borrowing equity in their property has reached the highest levels since records began says the Equity Release Council.
Homeowners can expect a considerable slowdown in house price growth with only a 0.6% rise this month based on Halifax data.
Increased competition between lenders has lowered mortgage rates although 8% fewer homeowners have opted for a remortgage.
New powers would allow Bank of England to limit loan-to-value percentages on mortgages to prevent a housing bubble.
Data from the Bank of England shows mortgage approval numbers have reduced confirming a slowdown in the housing market.
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.