Latest mortgage news - First Time Buyers
Coventry Building Society launches 10-year mortgage as rates plunge
The lowest ever ten year fixed rate mortgage deal at 2.39% is launched by the Coventry Building Society after EU referendum.
Annual house price growth slows ahead of uncertainty of a Brexit vote
The rate house prices are rising has slowed ahead of the EU Referendum with greater uncertainty expected from the Brexit vote.
Brexit lowers demand in London housing market and new-build homes
There has been a 20% fall in demand for new-build homes and interest in the London housing market due to the EU Referendum.
House prices and mortgage rates to fall in wake of Brexit
Uncertainty created with Brexit could see house prices fall by 5% and decreasing swap rates may produce better mortgage deals.
Homeowner mortgage lending values falls 40% for the month to April, says CML
Homeowners borrowed £8.2 billion for the month to April 2016 down £5.4 billion or 40% after a significant rise in mortgage activity last month.
Mortgage lending to homeowners increased 60% over the year to March, says CML
Homeowners borrowed £13.8 billion in March an increase of £5.1 billion and the highest monthly amount since August 2007.
Sadiq Khan sets out his plan to solve the housing crisis
London’s new Mayor Sadiq Khan has outlined plans to quadruple the number of affordable new-build homes in the capital.
House price growth in London returns to lead the market in March, says the ONS
Latest data from the ONS indicates London house price growth is the highest for March for the first time this year.
Homeowners can expect slowdown in UK house price growth, says Nationwide
UK house price growth was only 0.2% during the month of April with lower annual returns suggest a slowdown in the property market.
London first time buyers will need £102,000 income for a home by 2020
By 2020 first time buyers in London will need a salary of £102,000 and a deposit of £138,000, says charity Shelter.
Brexit could see mortgage rates rise and UK property prices fall
George Osborne has warned mortgage rates would increase if the UK leaves the European Union increasing the cost to homeowners.
Mortgage lending increases by 21% with help from buy-to-let investors, says CML
The surge in buy-to-let investors ahead of the stamp duty tax has helped to increase mortgage lending to a new high in February.
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