Latest mortgage news - News

19 May 2015

First time buyers in London need £77,000 salary to buy a home

The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.

11 May 2015

UK house prices rise at 1.6% for the month, says Halifax

Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.

04 May 2015

Fixed rate mortgages hit record 1.09% lows but with high fees

A new two year fixed rate mortgage from the Co-Operative Bank offers only 1.09% interest and borrowers must pay a high £1,500 fee.

25 Apr 2015

Buy-to-let mortgage rates fall as pension freedoms drive rise in cheap deals

New pension freedoms have increased the number of buy-to-let mortgages reducing the cost with new cheap deals.

22 Apr 2015

HSBC launches the first 1.99% five-year fixed rate mortgage

The lowest ever five-year fixed rate mortgage deal was launched by HSBC as competition between lenders for new business intensifies.

21 Apr 2015

Half of parents fear their children will never be able to buy their own property

A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.

20 Apr 2015

Average property asking price reaches £286,000 in April, a new record high

Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.

14 Apr 2015

Conservative manifesto to extend Right to Buy scheme for housing association families

David Cameron is to allow 1.3 million families the dream of owning their own home by extending the Right to Buy scheme first started in the 1980s.

14 Apr 2015

Mortgage lending is lower than expected in February ahead of the general election

The Council of Mortgage Lending report shows house purchases have declined 16%, a greater amount than expected due to the election.

31 Mar 2015

Mortgage approvals increase as house price growth continues to slow

Mortgages taken out by home buyers increase says Bank of England although house prices slowed for the seventh month in a row.

19 Mar 2015

First time buyers to benefit from £3,000 Help to Buy Isa from the government

The Chancellor is to give all first time buyers up to £3,000 when they save towards their deposit into a Help to Buy Isa to buy a home.

14 Mar 2015

UK property market is slowing ahead of the election as house prices fall

UK house prices have reduced by 0.3% in the last month while surveyors have reported a fall in the housing stock coming to the market.

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