Latest mortgage news - London House Prices


29 Jul 2014

UK house prices and mortgage lending falls as new rules take effect

Data from the Land Registry show a decrease in prices in seven out of ten areas with a sharp rise in sales of £1m properties.

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.

02 Jul 2014

London house price rise by 25% the fastest rate since 1987

New data from the Nationwide reveal London homes increased in value with average prices now over £400,000 for the first time.

26 Jun 2014

Housing market starting to slow as new mortgage rules take effect

The number of mortgage approvals have reduced in the last four months following the Mortgage Market Review and worries about interest rates.

18 Jun 2014

UK house price inflation at 9.9% as Bank of England warns of interest rate rise

National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.

06 Jun 2014

House price rise adds almost £7,000 to the value of the average home

The average price of a UK home last month has increased by the biggest margin for ten years according to the Halifax.

30 May 2014

Help to Buy accessed by first time buyers has little impact on London house prices

Data from the Treasury shows that 80% of borrowers of the controversial Help to Buy scheme are first time buyers mainly from outside London.

22 May 2014

Lloyds sets mortgage lending cap to curb London house price inflation

The UK largest lender, Lloyds Banking Group, will limit mortgage lending to four times on loans of £500,000 to homeowners.

12 May 2014

House prices rise in double figures as supply is slow to respond

Mortgage lender Nationwide released data showing house prices in the UK are 10.9% higher for the year the first double digit rise since April 2010.

02 May 2014

House price correction possible warns Bank of England

House price surge is the biggest threat to UK financial stability according to the deputy Governor of the bank of England.

30 Apr 2014

London leading rise in UK house prices and mortgage lending

Property values in London are up by over 12% leading the UK which has seen mortgage lending 4% higher in March and 37% higher for the quarter.

17 Apr 2014

House prices for first time buyers rise of 10.5% is highest in the property market

Figures from the Office of National Statistics (ONS) show the price of homes for first time buyers have increased by 10.5% in the last year.

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