Latest mortgage news


29 Sep 2017

London house prices fall for first time in eight years

House prices in London are at £471,761 and negative for the first time in eights years with the weakest performance in the UK since 2005.

28 Sep 2017

New Build house prices rise 17% with support from Help to Buy, says ONS

Prices of new build properties in England increased over 17% in a year with record loans from the government’s Help to Buy scheme.

23 Sep 2017

House prices in university towns are up by 22% over the course of a degree

Parents could be better off buying a student flat than paying children’s rent as prices in university towns rise £38,666 during a three year course.

18 Sep 2017

Equity release homeowner demand soars unlocking £1.4 billion from property

The amount of wealth accessed by homeowners in 2017 by using equity release has increased 55% over the year helped by more products.

15 Sep 2017

Cost of moving home for London home buyers has risen to £32,000

Higher house prices and stamp duty mean the cost of moving home in London has risen to £32,092 or 47% higher than a decade ago.

12 Sep 2017

Remortgage buyer activity soars as mortgage rates reach all time low

The number of remortgage buyers surge 12% taking advantage of record low mortgage rates to reduce the cost of repayments.

29 Aug 2017

First time buyers can save money with a discount mortgage, says Moneyfacts

For first time buyers a discount mortgage could save them money rather than fixed rate where the interest charged is more expensive.

23 Aug 2017

Mortgage lending to home buyers in London rises by 6% for second quarter

Number of home buyers taking out a mortgage in London is up 6% in the second quarter 2017 with strong demand from first time buyers.

21 Aug 2017

Owning your second property is a reality for one in ten UK homeowners

There are over 5 million people with multiple properties after a 30% increase in their numbers since the start of the century.

21 Aug 2017

Stagnant home mover numbers makes it harder for first time buyers

The number of home movers has reduced by -2% creating a shortage of properties for first time buyers and higher prices.

15 Aug 2017

East of England house prices have strong annual grow with falls in London, says ONS

Properties in the East of England are up 7.2% over the year with the fastest growth while London has falling prices over the month.

01 Aug 2017

London homes near Olympic Park in fast lane as house prices race ahead

Homeowners living close to Olympic Park have gained with property prices up 64% in five years outperforming the London average.

29 Jul 2017

Hackney house prices per square metre soar eight-fold in 20 years

The London borough of Hackney is the fastest growing region in the last 20-years based on square metres with house prices up eight-fold.

21 Jul 2017

London house price growth slows to lowest rate for over 5 years, says Hometrack

House price growth in London has dropped to 2.6% matching inflation while other cities are resilient with over 5% increase for the year.

18 Jul 2017

UK house prices rise almost 5% as London struggles to make gains, says ONS

Property values in the UK continue to rise 4.7% in the year despite economic uncertainty while London growth rate reduces noticeably.

17 Jul 2017

London Mayor slams council decision to cut affordable homes at Battersea

Mayor Sadiq Khan has criticised Wandsworth Council for allowing the Battersea development to cut the number of affordable homes.

01 Jul 2017

First-time buyers pay record prices to get on the property ladder

Strong demand from first time buyers continues as the price paid for homes reaches record highs in London across the country.

01 Jul 2017

UK house price growth regain momentum up 1.1% for June

After recent falls house prices have rebounded with the smallest gap between best and worst performing regions on record.

29 Jun 2017

Bank of England new mortgage affordability rules fearing higher debts

Homebuyers can expect tougher affordability tests from lenders when applying for mortgages as Bank of England acts over easy borrowing.

27 Jun 2017

Second steppers need support from family to move up the property ladder

Nearly one in three second steppers require over £20,000 in financial support from the bank of Mum and Dad to buy their next home.

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IMPORTANT

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.

WARNING

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.

CONTACT

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Phone:
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Email:
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