For the second quarter in a row the number of home buyers are lower in London due to restricted supply and affordability.
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Category Archives: Mortgage Buyers
The number of first time buyers increased by 30% in the last month with demand expected to continue with attractive mortgage deals.
Housing wealth in England of £1.8 trillion can be accessed with equity release and used by an aging population to fund retirement.
The mortgage market has seen a rise in the number of products on offer giving homeowners more choice as rates reach new lows.
Nationwide’s index has recorded the second monthly fall in house prices with homeowners feeling the pinch due to the economy.
Yorkshire Building Society has launched a record low mortgage rate as competition increases but is it worth the high fees.
The cost of five year mortgages has reduced in the last year and now could be the time to fix this rate and inflation proof your budget.
Home buyers start the year strongly with mortgage lending of £8.9 billion in February which is an increase of 7% over the month.
Amounts of equity released from homes reached £1.24 billion in the second half of 2016 a record level of wealth that continues to growth.
Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.