Latest mortgage news


21 Feb 2018

London remortgage buyers at eight year with flat growth in first time buyers

The number of remortgage buyers in the capital has reached an eight year high in 2017 driven by competitive mortgage rates.

17 Feb 2018

First time buyers are £27,000 better off than renters by owning a home

Costs to first time buyers are £900 per year less compared to renters and over their mortgage term buying a home saves them £27,000.

13 Feb 2018

House prices growth in South West is highest in England, says ONS

Properties in the South West of England are rising at 7.5% over the year compared to the slowest region of London with growth of only 2.5%.

02 Feb 2018

Affordability for city homebuyers reaches worst level for ten years

The rapid rise of house prices in cities has outstripped earnings and means affordability levels have reached a ten year low.

27 Jan 2018

First time buyer numbers highest since 2007 despite deposits doubling

The number of first time buyers has risen for the sixth consecutive year to 359,900 with deposits doubling in the past decade.

23 Jan 2018

Equity release homeowner demand hits an all time record of £3bn

Annual growth of equity release lending has reached a 15 year high as homeowners access wealth from their property.

17 Jan 2018

Home mover numbers at the highest level for a decade

The number of home movers reached 370,300 the highest level for 10 years thanks to low mortgage rates and demand for homes.

11 Jan 2018

Britain’s fastest growing commuter hotspots close to major cities

Commuter towns with good transport links and under 40 minutes from major cities have faster house price growth than the UK average.

04 Jan 2018

London weakest region for house price rise and least affordable to buy

House prices rise by a modest 2.6% with London the weakest region and least affordable due to difficulties of raising a deposit.

02 Jan 2018

Cheltenham house price growth is five times higher than the UK average

The spa town of Cheltenham leads the table with 13% annual house price growth almost five times higher than the rest of the country.

23 Dec 2017

London’s Belgravia is home to the most expensive million pound streets

Six streets in London with average house price of over £10 million make the capital the most expensive in England and Wales.

20 Dec 2017

Houses on the market sell for nearly 4% less than the asking price

Homeowners selling their home can expect less cash than the asking price as the gap between asked and sold prices increases.

12 Dec 2017

Remortgage buyers at record levels helped by low rates for loans

The number of remortgage buyers and value of borrowing have reached record levels helped by record low interest rates.

12 Dec 2017

London borough house prices rise even though the capital’s market is subdued

For several boroughs in London house prices are rising although the capital as a whole is struggling to keep pace.

11 Dec 2017

Home movers stay and improve as they struggle to buy a new property

Homeowners struggle to move due to a lack of suitable housing at affordable prices and are opting to improve instead.

01 Dec 2017

House prices stable with low mortgage rates and lack of housing supply

The low mortgage rates, high employment and a shortage of homes are helping to keep house prices at their current levels.

28 Nov 2017

London price affordability reaches 14.5 times earnings, says Hometrack

House price affordability in London has reached a high of 14.5 times earnings and is well above the capitals fifteen-year average.

26 Nov 2017

Home buyers pay an extra £116,500 to buy a home in a national park

Buying a home will cost 46% more in a national park as homeowners can enjoy easy access to the great outdoors and beautiful countryside.

22 Nov 2017

Stamp duty cut for first time buyers will increase house prices, says OBR

Changes in the budget means most first time buyers will not pay stamp duty but the OBR expects house prices to rise instead.

21 Nov 2017

Over a third of parents unable to help children buy their first home

First time buyers are less likely to be supported by the Bank of Mum and Dad as a third of parents are unable to financially support their children.

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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.

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