Latest mortgage news - News

11 Mar 2019

Mortgage rates reduce by half since financial crisis

The cost of borrowing has reduced by half in the last decade with competition encouraging more on the housing ladder.

04 Mar 2019

Buying a property is better value than renting but gap is closing

Home buyers are paying more for their mortgages closing the monthly cost gap with renting, but homeowners are still better off.

27 Feb 2019

London remortgage buyers reach the highest level for a decade

With low interest rates from lenders remortgage buyers in London are locking competitive deals to reduce monthly repayment costs.

23 Feb 2019

First time buyers are majority of purchases and highest since 1995

Numbers of first time buyers have reached 372,000 accounting for the majority of home purchases since 1995, says Halifax.

21 Feb 2019

London borough hotspots with the most million-pound homes

The number of property millionaires in London have decreased by 35,000 as house prices in the capital reduce in 2018.

14 Feb 2019

Most affordable London boroughs for single home buyers

If you are single and looking to step on the property ladder the most affordable homes can be found in outer London boroughs.

02 Feb 2019

Homeowners in Chichester record highest five year house price growth

City house prices have outpaced the country with Chichester recording a 62% rise in property values over the last five years.

01 Feb 2019

Older homeowners have more choice as lenders relax mortgage age limits

The number of residential mortgages for older homeowners has increased as lenders relax maximum ages to 80 years and over.

30 Jan 2019

House prices across London expected to fall two percent in 2019

London house prices to fall two percent during 2019 whereas half of regional cities recorded double digit growth post Brexit.

28 Jan 2019

Lloyds Bank launches 100% mortgage for first time buyers

First time buyers can have a 100% mortgage from Lloyds Bank but requires parents to make a 10% savings account deposit.

24 Jan 2019

New highs for equity release as homeowners access property wealth

Homeowners use equity release to access almost £4 billion of wealth from their homes up for the seventh consecutive year.

21 Jan 2019

London house prices fall below £600,000 for first time since 2015

Asking prices from sellers in London have seen the largest fall with the average under £600,000 for the first time since 2015.

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    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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