Latest mortgage news - First Time Buyers


12 Sep 2014

UK house price rise starts to slow as demand for Help to Buy may have peaked

Demand for Help to Buy may be reaching a peak after data shows that house price growth is slowing and even decreasing.

18 Aug 2014

London average house prices rise 19% with signs of a market finally slowing

The average price of property in London has increased by 19% and England and Wales increasing by over 9% in the last year.

16 Aug 2014

Mortgage lenders warn homeowners of higher costs with interest rate rise

The Council of Mortgage Lenders has warned of an interest rate rise from the Bank of England is more likely increasing costs to homeowners.

10 Aug 2014

First time buyers rise as UK house building grows at the fastest rate since 2003

Demand for new-build homes is driving a boom in house building with construction growing for the fifteenth consecutive month.

31 Jul 2014

Interest rates must rise as homebuyer confidence reaches a low

The Governor of the Bank of England, Mark Carney, says interest rates must rise to avoid a housing bubble developing.

30 Jul 2014

Mortgage approvals rise for the first time in four months

Figures released from the Bank of England show the number of mortgage approvals has increased in June.

16 Jul 2014

House price inflation reaches 10.5% as Bank of England warns of bubble

Office of National Statistics (ONS) data shows house price inflation reached 10.5% in May the highest level for four years.

28 Jun 2014

Fixed rate mortgage costs increase with fears of interest rate rise

Lenders have increased the cost of fixed rate mortgages after the Bank of England signal the end of cheap borrowing.

26 Jun 2014

Housing market starting to slow as new mortgage rules take effect

The number of mortgage approvals have reduced in the last four months following the Mortgage Market Review and worries about interest rates.

14 Jun 2014

Mortgage cap could be used to slow UK housing boom

As the demand for low deposit loans increases George Osborne gives the bank of England power to cap risky mortgage lending.

03 Jun 2014

Britain told to limit Help to Buy and reform council tax by European commission

The European Commission is concerned with Britain's house price inflation calling on the Chancellor to “deploy appropriate measures”.

30 May 2014

Help to Buy accessed by first time buyers has little impact on London house prices

Data from the Treasury shows that 80% of borrowers of the controversial Help to Buy scheme are first time buyers mainly from outside London.

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