Latest mortgage news - News

20 Nov 2015

Building Societies could offer mortgages to older borrowers

Older borrowers could soon be offered mortgages into their 80s and 90s as building societies review their age limits.

11 Nov 2015

Remortgage buyers bounce back as overall lending is strongest since 2008

Data from the CML shows overall lending is up 19% year on year as remortgage buyers return after a dip during the summer.

06 Nov 2015

Annual house price growth rise 9.7% to a record high average of £205,240

Halifax report shows house price growth increased year on year to October of 9.7% due to improving economic conditions.

30 Oct 2015

Uk house prices grow as fixed rate mortgages remain most popular

House prices in the UK are up 3.9% for the year and homeowners are biased toward fixed rate mortgages ahead of an interest rate rise.

29 Oct 2015

Average London house prices reaches £500,000 for first time

House prices in the capital have reached a new high in September and is likely to exceed half a million next month according to the Land Registry.

27 Oct 2015

Interest only mortgages are making a return but only for the wealthy

As house prices rise Lenders have reintroduced interest only mortgages accessed only by wealthy homeowners with large amounts of equity.

24 Oct 2015

London leads sharp decline in sales for £1m plus properties

Sales of £1m plus properties are on average 11% in the first half of this year with London leading the fall according to data from Lloyds Bank.

22 Oct 2015

Buy-to-let rental income tax for landlords to increase as tax relief is ended

IMLA has said the end of higher rate tax relief for buy-to-let landlords will limit the supply of rented properties and increase the rents for tenants.

14 Oct 2015

Mortgage lending falls by 9% with remortgage buyers leading the way

House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.

30 Sep 2015

Mortgage lending at record high as house price north-south divide widens

Figures from the Bank of England show UK mortgage lending has hit a new high with over 71,000 loans approved in August.

29 Sep 2015

One million people are unable to repay their interest only mortgages

Citizen Advice has warned that one million mortgage holders have no plan on how to repay and could face repossession.

25 Sep 2015

Buy-to-let boom is next threat to financial stability says Bank of England

UK buy-to-let landlords are at risk to booms and busts that could magnify a housing market crash the Financial Policy Committee warns.

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