Latest mortgage news - Home Movers
House prices rise ahead of inflation although the market is cooling
Data from the Office of National Statistics (ONS) shows house prices outstripping inflation even though the market is off the recent peak.
First time buyers under age 40 are offered 20% discount on new build homes
New scheme launched by Prime Minister offers 100,000 new build homes to first time buyers with 20% discount but affordable homes suffer.
Stamp duty changes could help house sales to increase this year
The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.
Stamp duty reform to benefit homebuyers but London homes are the hardest hit
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
How will a mansion tax on £2m homes work in the UK property market
Plans by both the Labour and Liberal Democrat parties would impose a mansion tax for properties worth £2 million or more if they win the election.
First time buyer mortgage lending falls as London house prices expected to stall
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
Mortgage lending limits begin as first time buyers offered discount new build homes
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.
Labour’s mansion tax on properties over £2 million will hit London home buyers
The proposed mansion tax may deter wealthy investors from buying costing government revenue and is focused on London properties.
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.
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.
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.
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.
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