Latest mortgage news - Mortgage Buyers


18 Dec 2015

Bank of England given new powers to limit buy-to-let market

Extra powers could be handed to the Bank of England to limit buy-to-let landlord borrowing to maintain financial stability.

16 Dec 2015

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.

10 Dec 2015

Average UK house prices at £204,500 with further rise expected, says Halifax

The Halifax data shows house prices are up 1.4% on the quarter despite a fall last month and is expected to rise strongly.

29 Nov 2015

Help to Buy Isa gives first time buyers helping hand to buy their home

People struggling to buy their first home are given a helping hand with the Help to Buy Isa free from tax and up to 4% interest.

20 Nov 2015

Building Societies could offer mortgages to older borrowers

Older borrowers could soon be offered mortgages into their 80s and 90s as building societies review their age limits.

11 Nov 2015

Remortgage buyers bounce back as overall lending is strongest since 2008

Data from the CML shows overall lending is up 19% year on year as remortgage buyers return after a dip during the summer.

06 Nov 2015

Annual house price growth rise 9.7% to a record high average of £205,240

Halifax report shows house price growth increased year on year to October of 9.7% due to improving economic conditions.

30 Oct 2015

Uk house prices grow as fixed rate mortgages remain most popular

House prices in the UK are up 3.9% for the year and homeowners are biased toward fixed rate mortgages ahead of an interest rate rise.

27 Oct 2015

Interest only mortgages are making a return but only for the wealthy

As house prices rise Lenders have reintroduced interest only mortgages accessed only by wealthy homeowners with large amounts of equity.

22 Oct 2015

Buy-to-let rental income tax for landlords to increase as tax relief is ended

IMLA has said the end of higher rate tax relief for buy-to-let landlords will limit the supply of rented properties and increase the rents for tenants.

14 Oct 2015

Mortgage lending falls by 9% with remortgage buyers leading the way

House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.

29 Sep 2015

One million people are unable to repay their interest only mortgages

Citizen Advice has warned that one million mortgage holders have no plan on how to repay and could face repossession.

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