Latest mortgage news - Home Movers


12 Apr 2016

London house prices lower as the ONS revises their figures

The ONS have updated their index weighting reducing the average property price in London by £27,000 in February.

29 Mar 2016

Home affordability gap for cites widens to greatest level since 2008

Latest analysis from Lloyds Bank shows affordability in UK cities is the worst since 2008 and now require 6.6 times annual earnings.

17 Mar 2016

Mortgage lending is up 30% with increased demand from homebuyers

Figures from the CML estimate a 30% rise in mortgage lending over the year as homebuyers seek to complete before the April deadline.

22 Feb 2016

Homebuyers are stretching to buy their homes with long term mortgages

The CML has said homebuyers are stretching their finances by selecting mortgage terms of greater than 25 years to afford their homes.

11 Feb 2016

Mortgage rates fall to record lows as interest rates not expected to rise

The Bank of England are unlikely to raise interest rates this year due to market forces sending mortgage rates for borrowers to record lows.

01 Feb 2016

London Help to Buy schemes offer attractive mortgage rates for new build homes

Lenders for the new London Help to Buy are offering mortgage rates as low as 1.55% to first time buyers and home movers.

25 Jan 2016

Fixed rate mortgages for five-years under 2% now offered by lenders

The HSBC have returned with a five-year fixed rate mortgage of 1.99 per cent with a high fee, but should you commit to such a long term?

21 Jan 2016

Mortgage lending up 8% for the year is the highest since 2008

Data from the Council of Mortgage Lending (CML) shows gross mortgage lending for 2015 is the highest for seven years as demand remains high.

14 Jan 2016

London Help to Buy scheme set to launch in February

From February the new London Help to Buy scheme will offer homebuyers loans up to 40% of the property value to purchase new-build homes.

07 Jan 2016

UK house prices have increased by 9.5% last year to a record high, says Halifax

Property prices are up 9.5% in the year and a further decline in the number of homes for sale will keep the an upward pressure on prices.

23 Dec 2015

First time buyers must save for 24 years to afford their first property

New research by the Resolution Foundation finds the average first time buyer takes 24 years to save enough deposit to buy their home.

29 Nov 2015

London Help to Buy and Shared Ownership schemes extended

Homebuyers in London are to benefit as the government improves Help to Buy and removes restrictions for Shared Ownership scheme.

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