Latest mortgage news - News


17 Mar 2018

Mortgage rates are the most affordable they have been for a decade

Mortgages in the UK are at their most affordable level with homeowners spending less than a third of their income on repayments.

14 Mar 2018

Remortgage buyers at nine year high as borrowers lock into attractive deals

Homeowners remortgaging has reached the highest number since 2008 as they securing mortgage deals before a rise in interest rates.

03 Mar 2018

Second steppers need equity gains to fund the £136,000 by trading up

Homeowners taking their second step and trading up to a bigger home need to find £136,000 helped by recent equity gains.

21 Feb 2018

London remortgage buyers at eight year high as mortgages rates fall

The number of remortgage buyers in the capital has reached an eight year high in 2017 driven by competitive mortgage rates.

17 Feb 2018

First time buyers are £27,000 better off than renters by owning a home

Costs to first time buyers are £900 per year less compared to renters and over their mortgage term buying a home saves them £27,000.

16 Feb 2018

Home ownership among young adults collapses over last two decades

The number of young adults on middle incomes owning a home has more than halved in twenty years with rising house prices.

13 Feb 2018

House prices growth in South West is highest in England, says ONS

Properties in the South West of England are rising at 7.5% over the year compared to the slowest region of London with growth of only 2.5%.

07 Feb 2018

Londoners offered first dibs on new build homes valued up to £350,000

Mayor of London will restrict overseas buyers and give Londoners and UK-based buyers first dibs to secure new build homes.

02 Feb 2018

Affordability for city homebuyers reaches worst level for ten years

The rapid rise of house prices in cities has outstripped earnings and means affordability levels have reached a ten year low.

27 Jan 2018

First time buyer numbers highest since 2007 despite deposits doubling

The number of first time buyers has risen for the sixth consecutive year to 359,900 with deposits doubling in the past decade.

23 Jan 2018

Equity release homeowner demand hits an all time record of £3bn

Annual growth of equity release lending has reached a 15 year high as homeowners access wealth from their property.

17 Jan 2018

Home mover numbers at the highest level for a decade

The number of home movers reached 370,300 the highest level for 10 years thanks to low mortgage rates and demand for homes.

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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.

  • WARNING

    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.

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