Latest mortgage news - London House Prices
London house prices double since 2009 to an average £600,625 for a home
The average price for a London home has broken through the £600,000 and has almost doubled in price since 2009.
London first time buyers will need £102,000 income for a home by 2020
By 2020 first time buyers in London will need a salary of £102,000 and a deposit of £138,000, says charity Shelter.
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.
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.
UK house price gap widens as South East and London lead the market
New data from the ONS shows the south East and London with double digit rise in house prices compared to the north widening the gap.
Average UK house prices reach £288,000 with large regional differences
House prices are higher by 6.7% over the year and out of reach for many as London and the East are leading the regions.
London house prices rise 9.8% in November ahead of the UK average
The ONS data shows the pace of house price growth remains strong with London higher by 9.8% ahead of the UK average.
London heads lower house sales for the year, says Halifax
UK house sales were 8% lower in 2015 over the year with London and majority of towns leading the way.
House prices are predicted to jump 50% by 2025, says latest report
A study produced by the CEBR for estate agent associations shows UK house prices are expected to rise by 50% in the next ten years.
UK house prices rise at faster rate, says ONS
Property prices in the UK have increased 7.0% over the year to October with an average price of £287,000 according to the ONS.
Average London house prices reaches £500,000 for first time
House prices in the capital have reached a new high in September and is likely to exceed half a million next month according to the Land Registry.
London leads sharp decline in sales for £1m plus properties
Sales of £1m plus properties are on average 11% in the first half of this year with London leading the fall according to data from Lloyds Bank.
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