Latest mortgage news - News

13 Dec 2014

Stamp duty changes could help house sales to increase this year

The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.

05 Dec 2014

Stamp duty reform to benefit homebuyers but London homes are the hardest hit

The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.

28 Nov 2014

Homebuyers in their 40s are struggling to secure mortgages with new rules

More homebuyers in their 40s are unable to buy or remortgage their homes with tougher rules and rising house prices.

26 Nov 2014

Mortgage lending falls by 16% as house price growth begins to slow

The number of mortgage approvals have reduced according to the British Bankers' Association (BBA) by 16% over the year.

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.

Call for your free quote 0800 955 0058


    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.


    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.


    9th Floor, 30 Crown Place
    London, EC2A 4EB

    0800 955 0058


    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2021 © London City Mortgages.
    Website designed & developed by Spyre Media