Latest mortgage news - News


17 May 2016

House price growth in London returns to lead the market in March, says the ONS

Latest data from the ONS indicates London house price growth is the highest for March for the first time this year.

12 May 2016

London house prices double since 2009 to an average £600,625 for a home

The average price for a London home has broken through the £600,000 and has almost doubled in price since 2009.

10 May 2016

Homeowners offered mortgages aged 85 as lenders raise age limits

The upper age limits for homeowners to be accepted for a mortgage have been increased by the Nationwide to 85 to meet Britain’s aging population.

30 Apr 2016

Homeowners can expect slowdown in UK house price growth, says Nationwide

UK house price growth was only 0.2% during the month of April with lower annual returns suggest a slowdown in the property market.

21 Apr 2016

Homeowners use equity release to unlock £393m from property in 2016

The Equity Release Council reports biggest quarter for homeowners borrowing from their property with £393 million of mortgages.

16 Apr 2016

London first time buyers will need £102,000 income for a home by 2020

By 2020 first time buyers in London will need a salary of £102,000 and a deposit of £138,000, says charity Shelter.

15 Apr 2016

Brexit could see mortgage rates rise and UK property prices fall

George Osborne has warned mortgage rates would increase if the UK leaves the European Union increasing the cost to homeowners.

14 Apr 2016

Mortgage lending increases by 21% with help from buy-to-let investors, says CML

The surge in buy-to-let investors ahead of the stamp duty tax has helped to increase mortgage lending to a new high in February.

12 Apr 2016

London house prices lower as the ONS revises their figures

The ONS have updated their index weighting reducing the average property price in London by £27,000 in February.

29 Mar 2016

Home affordability gap for cites widens to greatest level since 2008

Latest analysis from Lloyds Bank shows affordability in UK cities is the worst since 2008 and now require 6.6 times annual earnings.

22 Mar 2016

UK house price gap widens as South East and London lead the market

New data from the ONS shows the south East and London with double digit rise in house prices compared to the north widening the gap.

17 Mar 2016

Mortgage lending is up 30% with increased demand from homebuyers

Figures from the CML estimate a 30% rise in mortgage lending over the year as homebuyers seek to complete before the April deadline.

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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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