Latest mortgage news - News

22 Nov 2014

How will a mansion tax on £2m homes work in the UK property market

Plans by both the Labour and Liberal Democrat parties would impose a mansion tax for properties worth £2 million or more if they win the election.

19 Nov 2014

Mortgage lending increases as UK house prices continue to rise

Data from the Council of Mortgage Lenders (CML) shows mortgage lending is up while house price rise is higher over the year.

14 Nov 2014

First time buyer mortgage lending falls as London house prices expected to stall

New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.

10 Nov 2014

Buy-to-let landlords to own £1 trillion of property value by 2015

A report by lender Kent Reliance shows the value of buy-to-let property owned by landlords is at £930.7 billion increasing 13.3% in the last year.

31 Oct 2014

Mortgage approvals at 14 month low indicates cooling housing market

Data from the Bank of England points towards a cooling UK housing market as figures show mortgage approvals are lowest since July 2013.

24 Oct 2014

London property market slowdown sends Foxtons share price 20% lower

As property prices in London begin to slow the share price of the capitals best known estate agents falls following a profit warning.

22 Oct 2014

Equity release loans popular with homeowners as property values rise

People borrowing equity in their property has reached the highest levels since records began says the Equity Release Council.

09 Oct 2014

UK house price growth is slowing, says the Halifax

Homeowners can expect a considerable slowdown in house price growth with only a 0.6% rise this month based on Halifax data.

08 Oct 2014

Remortgage buyers fall even though mortgage rates are at their lowest levels

Increased competition between lenders has lowered mortgage rates although 8% fewer homeowners have opted for a remortgage.

03 Oct 2014

Bank of England wants new powers for mortgage lending in the housing market

New powers would allow Bank of England to limit loan-to-value percentages on mortgages to prevent a housing bubble.

30 Sep 2014

Mortgage lending for house purchases slows as UK house prices fall

Data from the Bank of England shows mortgage approval numbers have reduced confirming a slowdown in the housing market.

28 Sep 2014

Mortgage lending limits begin as first time buyers offered discount new build homes

The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.

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    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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