Latest mortgage news - Home Movers


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.

03 Feb 2014

Housing boom risks house price bubble

Rightmove, stated that record numbers of houses are being put on the market for sale with near-frenzied buying sending asking prices to record levels.

08 Jan 2014

Increased demand for mortgage lending expected

The mortgage industry expects to see further demand for mortgages among consumers in 2014 and that demand remains healthy rather than excessive.

03 Dec 2013

House building boost to UK construction

The construction activity index rose more than expected helped by a surge in house building in the UK.

29 Nov 2013

Bank of England stops mortgages from Funding for Lending

As fears of a house price bubble loom, Governor Mark Carney stops mortgage lending offered by the Funding for Lending scheme.

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