London house prices exceed first time buyer annual earnings by 13 times and is more than twice the multiple of the North East.

The number of first time buyers increased 20% for the month and up for the year even though higher house prices limit affordability.

Thousands of mortgage prisoners caught paying high interest rates due to affordability rules could be given more help from lenders.

Mortgages in the UK are at their most affordable level with homeowners spending less than a third of their income on repayments.

Costs to first time buyers are £900 per year less compared to renters and over their mortgage term buying a home saves them £27,000.

The rapid rise of house prices in cities has outstripped earnings and means affordability levels have reached a ten year low.

House prices rise by a modest 2.6% with London the weakest region and least affordable due to difficulties of raising a deposit.

The number of remortgage buyers and value of borrowing have reached record levels helped by record low interest rates.

House price affordability in London has reached a high of 14.5 times earnings and is well above the capitals fifteen-year average.

Buying a home will cost 46% more in a national park as homeowners can enjoy easy access to the great outdoors and beautiful countryside.

Number of home buyers taking out a mortgage in London is up 6% in the second quarter 2017 with strong demand from first time buyers.

Homebuyers can expect tougher affordability tests from lenders when applying for mortgages as Bank of England acts over easy borrowing.