Latest mortgage news - Re-mortgage Buyer

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.

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.

29 Aug 2015

London among UK major cities with strong house price growth this year

Data from Hometrack show the top 20 UK cities with strong house price rise this year exceeding the national average.

27 Aug 2015

Remortgage buyers secure fixed rate loans ahead of rise in interest rates

The number of remortgage buyers increased by 30% in June as homeowners change to cheap fixed rate loans before interest rates rise.

12 Aug 2015

First time buyers boost mortgage lending in June with 24% more buyers

Mortgage lending by value to first time buyers increased 24% over the month following a poor first half of the year, says CML.

08 Jun 2015

Average house price are now over £195,000 as cash purchases reach record levels

Data from the Nationwide building society show a slight fall in house prices in May while cash buyers represent four out of ten purchases.

05 Jun 2015

Mortgage approvals in April rise to highest level since 2009

The number of mortgages approved in April increased 9.9%, the highest monthly rise for six years according to the Bank of England.

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.

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.

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.

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.

    2020 © London City Mortgages.
    Website designed & developed by Spyre Media