Latest mortgage news - Mortgage Buyers


14 Dec 2016

Mortgages loans to homebuyers fall in October as market slows

Data from the CML shows the number of loans to homebuyers is 8% lower for October indicating a slowdown in the UK market.

23 Nov 2016

Home buyers in London increase by 12% since EU referendum

Research from the CML shows the number of London home buyers has increased since the Brexit vote with affordability remaining unchanged.

17 Nov 2016

Mortgage costs reach historic low point for September

The cost of a mortgage as a proportion of household income has reached an historic low although there is no increase in house purchase activity.

16 Nov 2016

Bank of England given new powers to curb buy-to-let lending

The Treasury is to give the Bank of England powers to limit lending to the growing buy-to-let mortgage market to protect the financial system.

07 Nov 2016

House prices flat with less demand and affordability concerns

The latest index from the Nationwide shows no change in house prices as demand remains subdued as a home purchase is less affordable.

29 Oct 2016

Help to Buy mortgage guarantee scheme ended by the government

The government has closed the Help to Buy mortgage guarantee scheme that has helped 86,341 first timer buyers on to the housing market.

28 Oct 2016

Lenders increase upper age limits for older mortgage borrowers

Mortgage age limits for older borrowers increase from age 75 and over due to changing demographics and people working longer.

27 Oct 2016

Older borrowers remain asset-rich with lower mortgage debt

Data from the CML has revealed older borrowers have higher levels of equity to debt with repayment rather than interest only mortgages.

12 Oct 2016

Mortgage lenders penalise one in six families with childcare costs

One in six families have been offered a smaller mortgage from a lender due to their childcare costs adding to parents stress and anxiety.

27 Sep 2016

Equity release buyers have more choice and lower interest rates

Growing competition from lenders has seen more flexibility and choice for consumers and lower interest rates, says Moneyfacts.

22 Sep 2016

Mortgage lending recovered in August increasing after a dip last month

Lending to first time buyers and home movers decreased in July and recovered in August despite fear of a crash after the Referendum.

24 Aug 2016

First time buyer lending increases 25% compared to last year

Data from the Council of Mortgage Lending show first time buyers are driving the market with lending up 25% to £5.5 billion over a year.

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