Latest mortgage news - News


21 Nov 2017

Over a third of parents unable to help children buy their first home

First time buyers are less likely to be supported by the Bank of Mum and Dad as a third of parents are unable to financially support their children.

14 Nov 2017

Property sales in London are lower by 24% over the year, says ONS

The number of properties sold in London have reduced 24% in the last year with those in England down by 17% as buyer demand falls.

02 Nov 2017

Building homes above London railways could solve housing shortage

There is enough space above London railway lines to build apartment blocks adding 250,000 new homes for the capital.

27 Oct 2017

UK housing market confidence slips to the lowest level in five years

The Halifax survey shows confidence in the housing market is at a five year low with one in five thinking prices will fall.

23 Oct 2017

First time buyers face higher costs with mortgage rate rise expected

The cost of a fixed rate mortgage has increased for first time buyers and the Bank of England is expected to raise base rates next month.

21 Oct 2017

Homebuyers pay £30,000 premium to live in market towns

English market towns command a £30,000 premium from homeowners or 12% more compared to living in neighbouring towns.

17 Oct 2017

London house prices for first time buyers reduce and remain negative

First time buyers in London can expect to pay less to get on the property ladder as house prices fall and expectations remain negative.

12 Oct 2017

Borrowing by home movers increases 20% by value in the last year

Homeowners showed resilience with borrowings from home movers rising to £8.4 billion up 20% compared to August last year.

05 Oct 2017

Help to Buy scheme receives £10bn boost to fund first time buyer homes

The government has pledged £10 billion for the Help to Buy scheme to fund 135,000 first time buyers to get on the property ladder.

29 Sep 2017

London house prices fall for first time in eight years

House prices in London are at £471,761 and negative for the first time in eights years with the weakest performance in the UK since 2005.

28 Sep 2017

New Build house prices rise 17% with support from Help to Buy, says ONS

Prices of new build properties in England increased over 17% in a year with record loans from the government’s Help to Buy scheme.

23 Sep 2017

House prices in university towns are up by 22% over the course of a degree

Parents could be better off buying a student flat than paying children’s rent as prices in university towns rise £38,666 during a three year course.

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