The Office of National Statistics (ONS) has confirmed that the average house prices will bring higher stamp duty to thousands.
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Category Archives: First Time Buyers
Rightmove, stated that record numbers of houses are being put on the market for sale with near-frenzied buying sending asking prices to record levels.
House prices rise 8.8% according to the Nationwide as first time buyers are back in the market for properties.
The mortgage industry expects to see further demand for mortgages among consumers in 2014 and that demand remains healthy rather than excessive.
The construction activity index rose more than expected helped by a surge in house building in the UK.
As fears of a house price bubble loom, Governor Mark Carney stops mortgage lending offered by the Funding for Lending scheme.
Soaring demand from homebuyers exceed the supply of properties is creating a housing crisis with rising prices.
The Treasury Select Committee has asked the Bank of England to clarify its Help to Buy role as property prices rise.
The Council of Mortgage Lenders has warned the government’s Help to Buy scheme could become another US mortgage crisis.
UK house prices have risen to their highest levels according to the Office of National Statistics (ONS).