Latest mortgage news - News

12 May 2014

House prices rise in double figures as supply is slow to respond

Mortgage lender Nationwide released data showing house prices in the UK are 10.9% higher for the year the first double digit rise since April 2010.

07 May 2014

Help to Buy scheme under pressure as OECD gives warning on UK house price rise

The OECD has warned that UK house prices were rising at an alarming rate when compared to rents and household income.

02 May 2014

House price correction possible warns Bank of England

House price surge is the biggest threat to UK financial stability according to the deputy Governor of the bank of England.

30 Apr 2014

London leading rise in UK house prices and mortgage lending

Property values in London are up by over 12% leading the UK which has seen mortgage lending 4% higher in March and 37% higher for the quarter.

30 Apr 2014

New mortgage test to make affordability harder to buy a home

The regulators are introducing tougher tests for home buyers based on affordability to prevent mistakes leading to the financial crisis.

17 Apr 2014

House prices for first time buyers rise of 10.5% is highest in the property market

Figures from the Office of National Statistics (ONS) show the price of homes for first time buyers have increased by 10.5% in the last year.

16 Apr 2014

Property market prices increasing with sales at highest levels for six years

The Office for National Statistics (ONS) have reported UK house prices are up 9.1% in the last year to February 2014.

11 Apr 2014

London mortgage debt grows as the city’s price rise extends around the capital

Mortgage debt in central London now exceeds that of Wales and the rest of the capital is now seeing faster house price rises.

05 Apr 2014

House prices fall back 1.1% in March but remain higher over the year

According to the Halifax UK house prices have risen 8.7% in the last year but month on month fallen by 1.1% suggesting a slowdown.

31 Mar 2014

Mortgage approvals fall for first time in a year according to the Bank of England

Data from the Bank of England shows the number of people taking out mortgages in February has fallen for the first time in the last year.

28 Mar 2014

Fixed rate mortgages are by far the most popular with homeowners

About 95% of all mortgages are fixed rate with the threat of interest rates rising and homeowners want certainty in the future.

26 Mar 2014

House prices are driven higher as UK has shortfall of one million homes

House prices were up 6.8% in January since a year earlier after a lost decade of building leaves the UK with a significant shortfall in homes.

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