Latest mortgage news - London House Prices
Mortgage lending for house purchases slows as UK house prices fall
Data from the Bank of England shows mortgage approval numbers have reduced confirming a slowdown in the housing market.
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.
UK house prices rise in August according to mortgage lender Nationwide
Leading mortgage lender Nationwide has released data showing house prices are 0.8% higher in August compared to July.
London housing market leads mortgage lending to a six year high in July
The Office of National Statistics (ONS) reveal that London house prices leads the UK property market to record highs in July.
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.
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.
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.
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.
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.
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.
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.
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