Latest mortgage news - Home Movers

17 Sep 2014

London house price average over £500,000 as sales of £1m homes expected to rise

The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.

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.

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.

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.

07 May 2014

Help to Buy scheme under pressure as OECD gives warning on UK house price rise

The OECD has warned that UK house prices were rising at an alarming rate when compared to rents and household income.

30 Apr 2014

New mortgage test to make affordability harder to buy a home

The regulators are introducing tougher tests for home buyers based on affordability to prevent mistakes leading to the financial crisis.

16 Apr 2014

Property market prices increasing with sales at highest levels for six years

The Office for National Statistics (ONS) have reported UK house prices are up 9.1% in the last year to February 2014.

25 Feb 2014

Mortgage approvals rise to their highest level thanks to Help to Buy scheme

The British Bankers’ Association (BBA) has said mortgage approvals are up 57% on the previous year and the highest since September 2007.

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