Latest mortgage news - News


14 Mar 2016

Mortgage lending costs could rise with new international rules for lenders

Proposed changes to international banking rules for assessing credit risk would be detrimental to residential and buy-to-let mortgages.

10 Mar 2016

Remortgage lending surges in January, says CML

Data from the CML shows remortgage lending for homeowners and buy-to-let market rises significantly by numbers and value for January.

03 Mar 2016

UK house prices decreased slightly in February, says Halifax

Data from the Halifax shows house prices in the UK have decreased by 1.4% for the month to February although over the years prices remain 9.7% higher.

22 Feb 2016

Homebuyers are stretching to buy their homes with long term mortgages

The CML has said homebuyers are stretching their finances by selecting mortgage terms of greater than 25 years to afford their homes.

17 Feb 2016

Average UK house prices reach £288,000 with large regional differences

House prices are higher by 6.7% over the year and out of reach for many as London and the East are leading the regions.

11 Feb 2016

Buy-to-let investors surge pushes up home prices ahead of stamp duty tax

New stamp duty tax from April has seen a surge of buy-to-let landlords with the increase demand increasing the price of homes.

11 Feb 2016

Mortgage rates fall to record lows as interest rates not expected to rise

The Bank of England are unlikely to raise interest rates this year due to market forces sending mortgage rates for borrowers to record lows.

11 Feb 2016

Right to buy places 40% of homes on the private rental market, says MP report

An MP committee has found that 40% of ex-council homes sold using right to buy are now privately rented properties.

01 Feb 2016

London Help to Buy schemes offer attractive mortgage rates for new build homes

Lenders for the new London Help to Buy are offering mortgage rates as low as 1.55% to first time buyers and home movers.

25 Jan 2016

Fixed rate mortgages for five-years under 2% now offered by lenders

The HSBC have returned with a five-year fixed rate mortgage of 1.99 per cent with a high fee, but should you commit to such a long term?

21 Jan 2016

Mortgage lending up 8% for the year is the highest since 2008

Data from the Council of Mortgage Lending (CML) shows gross mortgage lending for 2015 is the highest for seven years as demand remains high.

20 Jan 2016

London house prices rise 9.8% in November ahead of the UK average

The ONS data shows the pace of house price growth remains strong with London higher by 9.8% ahead of the UK average.

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