Latest mortgage news


02 Jul 2015

Buy-to-let market may pose a threat to financial stability, says BoE

The booming buy-to-let market and ease investors can secure mortgage loans could undermine the UK economy when interest rates rise.

30 Jun 2015

House price gains for Eastern England although London leads over a year

The Land Registry data shows house prices for homes in east of England up 1.6% with London gains of 9.1% in the last year.

26 Jun 2015

London property values up to 16 times higher than cheapest UK homes

Prices of homes in Kensington and Chelsea are 1,500% more than Blaenau Gwent in Wales emphasising the divide across the country.

18 Jun 2015

Help to Buy schemes not as effective as house price rise slows

Annual house price rise in April is 5.5% down from 9.6% in March, says ONS, while the number of Help to Buy completions have decreased.

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.

03 Jun 2015

UK house price growth up and set to surge, says Land Registry

Property prices have continued to grow since the election with annual growth at 5.1% and set for a surge for the rest of the year.

31 May 2015

Buy-to-let market gains £14 billion in tax breaks to boost landlord income

Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.

30 May 2015

Buy-to-let landlord rental income at £112 billion from booming sector

The value of landlord property near the £1 trillion level with income of £112 billion as the buy-to-let sector continues to grow.

28 May 2015

London mortgage lending to first time buyers is lower in the first quarter

Mortgage lending to first time buyers in Greater London is 16% lower to the previous quarter according to the latest CML report.

19 May 2015

First time buyers in London need £77,000 salary to buy a home

The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.

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.

25 Apr 2015

Buy-to-let mortgage rates fall as pension freedoms drive rise in cheap deals

New pension freedoms have increased the number of buy-to-let mortgages reducing the cost with new cheap deals.

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.

21 Apr 2015

Half of parents fear their children will never be able to buy their own property

A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.

20 Apr 2015

Average property asking price reaches £286,000 in April, a new record high

Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.

14 Apr 2015

Conservative manifesto to extend Right to Buy scheme for housing association families

David Cameron is to allow 1.3 million families the dream of owning their own home by extending the Right to Buy scheme first started in the 1980s.

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.

31 Mar 2015

Mortgage approvals increase as house price growth continues to slow

Mortgages taken out by home buyers increase says Bank of England although house prices slowed for the seventh month in a row.

Call for your free quote 0800 955 0058

  • 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

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

    Phone:
    0800 955 0058

    Email:
    info@londoncitymortgages.co.uk

    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.

    2025 © London City Mortgages.