Latest mortgage news - News


25 Jun 2021

Seaside towns in Britain with house prices up 10pc due to strong demand

Demand for coastal living has seen house prices in Britain’s seaside towns rise 10% over the year as homeowners change their lifestyle.

24 Jun 2021

House prices at record levels with lack of property choice for buyers

Supply of properties on the market and available to buyers is an all-time low at the same time house prices are at record levels.

11 Jun 2021

Prices for house sales are rising four times faster than flats

Strong demand for houses has driven price growth up 5.2% in the last year which is over four times more than the 1.1% growth for flats.

28 May 2021

Fixed rate mortgage deals fall to under 1pc as lenders compete for borrowers

Fixed rate mortgages are cut to 0.99% for borrowers with large deposits looking to remortgage as competition increases from lenders.

14 May 2021

Value of homes sold doubles as demand reaches new highs

The value of homes transacted has doubled compared to last year as demand for property hits new highs while supply is restricted.

10 May 2021

Equity release products rise by over 100 with more competition

The competitive equity release market has seen over 100 products on the market as providers launch new features to attract customers.

23 Apr 2021

Asking prices for properties on the market reach record high

New properties on the market hit record asking prices up 2.1% this month as demand drives sales to the fastest ever pace.

16 Apr 2021

Equity released from homes falls due to pandemic lockdown

The pandemic lockdown restricts the amount of equity released from properties in 2020 even though interest rates fall to record lows.

06 Apr 2021

Top ten locations where homes are selling the fastest

The average time it takes to sell a home has reduced to 44 days thanks to high demand and much faster for the top ten locations.

16 Mar 2021

Buyer demand reaches record high driving up property values

Excess demand over supply is the greatest for a decade and 34% higher than last year sending house prices even higher.

09 Mar 2021

New 5pc deposit mortgage scheme backed by the government

The government's new 5% deposit mortgage scheme aims to help any home buyer that is struggling to get on the property ladder.

05 Mar 2021

First time buyer comeback after covid reduces low deposit mortgages

First time buyers with small deposits are returning to the market as lenders bring back high loan to value mortgages since the pandemic.

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  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

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