Latest mortgage news - Mortgage Affordability


31 Oct 2014

Mortgage approvals at 14 month low indicates cooling housing market

Data from the Bank of England points towards a cooling UK housing market as figures show mortgage approvals are lowest since July 2013.

09 Oct 2014

UK house price growth is slowing, says the Halifax

Homeowners can expect a considerable slowdown in house price growth with only a 0.6% rise this month based on Halifax data.

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.

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.

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.

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.

03 Jun 2014

Britain told to limit Help to Buy and reform council tax by European commission

The European Commission is concerned with Britain's house price inflation calling on the Chancellor to “deploy appropriate measures”.

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.

31 Mar 2014

Mortgage approvals fall for first time in a year according to the Bank of England

Data from the Bank of England shows the number of people taking out mortgages in February has fallen for the first time in the last year.

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.

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