After years of falling rates the 10-year fixed rate mortgage costs are beginning to rise according to research from Moneyfacts.
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Category Archives: Home Movers
At the end of December phase two of the Help to Buy scheme is going to be withdrawn by the government after a successful three years.
Research from the CML shows the number of London home buyers has increased since the Brexit vote with affordability remaining unchanged.
The cost of a mortgage as a proportion of household income has reached an historic low although there is no increase in house purchase activity.
Figures from the ONS show the growth in houses prices over the year for new builds is more than double that of existing homes.
The latest index from the Nationwide shows no change in house prices as demand remains subdued as a home purchase is less affordable.
The government has closed the Help to Buy mortgage guarantee scheme that has helped 86,341 first timer buyers on to the housing market.
House prices in the UK are up over the year and remain stable as the number of sales completed have dropped by up to a third.
One in six families have been offered a smaller mortgage from a lender due to their childcare costs adding to parents stress and anxiety.
The growth rate for homes has slowed to 5.8% a year the slowest rate since August 2013 according to the Halifax house price index.