Latest mortgage news - News

12 Sep 2018

Remortgage buyers rise 23% to secure fixed deals before rate rise

The number of remortgage buyers locking into attractive deals has increased 23% ahead of the Bank of England rate rise.

05 Sep 2018

Help to Buy is a success by helping 170,000 home buyers

The government’s Help to Buy scheme is an unmitigated success by helping 170,000 home buyers to realise their dream property.

01 Sep 2018

House price growth is nearly twice as fast near top state schools

Homes near the UK’s top thirty schools have seen price growth at 35% nearly twice that of the national average over the last five years.

31 Aug 2018

Help to Buy demand rises 21pc while house price growth slows

There has been a fall in house prices for the month while demand for Help to Buy has increased by 21% over the year.

29 Aug 2018

London asking prices drop £19k in August brings down the whole market

Average house prices in London fall -3.1% in August as sellers try to secure quick sales dragging down the UK property market.

18 Aug 2018

Greater London house prices per square metre at eight year low

The price per square metre for London properties stalls and is the lowest in Great Britain stalling for the first time in eight years.

13 Aug 2018

Interest rate rise likely to increase mortgage costs for homeowners

The Bank of England has raised interest rates by 0.75% which increases the cost to homeowners with variable rate mortgages.

11 Aug 2018

London first time buyers need £115,000 deposit to buy their home

First time buyers must have a deposit of £115,000 to secure their first home as London house prices rise 48% in the last ten years.

03 Aug 2018

First time buyers save £284 million since stamp duty was abolished

Since stamp duty was abolished for first time buyers with homes valued under £300,000 total savings have amounted to £284 million.

30 Jul 2018

Young homebuyers should get loans for deposit to get on the property ladder

The government should give first time buyers loans for their deposit to buy their homes to create a culture of home ownership.

25 Jul 2018

First time buyers pay 13 times their earnings to own London property

London house prices exceed first time buyer annual earnings by 13 times and is more than twice the multiple of the North East.

23 Jul 2018

Fee free mortgage numbers from lenders reach new highs

Residential mortgage numbers have reached a new high and of these 40% are offered without arrangement fees from lenders.

Call for your free quote 0800 955 0058


    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.


    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.


    9th Floor, 30 Crown Place
    London, EC2A 4EB

    0800 955 0058


    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2021 © London City Mortgages.
    Website designed & developed by Spyre Media