Latest mortgage news - News


01 Jul 2017

UK house price growth regain momentum up 1.1% for June

After recent falls house prices have rebounded with the smallest gap between best and worst performing regions on record.

29 Jun 2017

Bank of England new mortgage affordability rules fearing higher debts

Homebuyers can expect tougher affordability tests from lenders when applying for mortgages as Bank of England acts over easy borrowing.

27 Jun 2017

Second steppers need support from family to move up the property ladder

Nearly one in three second steppers require over £20,000 in financial support from the bank of Mum and Dad to buy their next home.

21 Jun 2017

Home sales fall in 82% of towns with worst in London and South East

The number of property sales were -7% lower during 2016 with the majority of towns in England and Wales decreasing.

15 Jun 2017

Overseas investors buy London new build homes aimed at first time buyers

Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.

13 Jun 2017

Houses prices rebound despite property market slowdown

Despite the property market slowing down this year house prices have unexpectedly rebounded including expensive London.

01 Jun 2017

House prices decline for longest period since 2009, says Nationwide

The housing market has recorded its third consecutive monthly fall in house prices for May, the first time this has occurred since 2009.

25 May 2017

Home buyers in London down 18% compared to a year ago

For the second quarter in a row the number of home buyers are lower in London due to restricted supply and affordability.

25 May 2017

House price growth in London slowest for 5 years in city rankings

Manchester house price growth leads the UK while there is a material slowdown in the most unaffordable cities such as London.

17 May 2017

First time buyers owning their own home in larger numbers

The number of first time buyers increased by 30% in the last month with demand expected to continue with attractive mortgage deals.

16 May 2017

New build house prices fall 7% in England for the month

Prices of new build properties have reduced by -7% as price inflation has eased and housing market activity is subdued across the country.

15 May 2017

Equity release from property used for future retirement income

Housing wealth in England of £1.8 trillion can be accessed with equity release and used by an aging population to fund retirement.

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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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