Latest mortgage news


19 Mar 2015

First time buyers to benefit from £3,000 Help to Buy Isa from the government

The Chancellor is to give all first time buyers up to £3,000 when they save towards their deposit into a Help to Buy Isa to buy a home.

14 Mar 2015

UK property market is slowing ahead of the election as house prices fall

UK house prices have reduced by 0.3% in the last month while surveyors have reported a fall in the housing stock coming to the market.

06 Mar 2015

Almost half of all first time buyers do not need help to raise funds for a deposit, says CML

Data from the CML shows that 52% of first time buyers received financial help from the ‘bank of mum and dad in 2014 to buy their first home.

06 Mar 2015

Help to Buy scheme should be replaced to give more choice to first time buyers

The government’s Help to Buy scheme finishes at the end of 2016 and should be replaced to ensure competition in the housing market.

04 Mar 2015

Buy-to-let landlords have large deposits as first time buyers struggle to compete

Deposits from buy-to-let landlords have increased by 15% to an average £100,000 compared to struggling first time buyers.

04 Mar 2015

UK annual house price growth falls for the first time, says Nationwide

Annual house prices in the UK have slowed from 6.8% to 5.7% in February for the first time in five months decreasing by 0.1% during the month.

25 Feb 2015

Outright homeowners now exceed mortgage buyers for the first time

New data from the English Housing Survey shows the number of outright homeowners is greater than those buying with a mortgage.

20 Feb 2015

Mortgage lending declines in January says CML

According to the Council for Mortgage Lending (CML) gross mortgage lending decreased by 14% in January to £14.3 billion.

19 Feb 2015

Buy-to-let mortgages to landlords soar 26% higher as rates at record lows

Data from the CML shows lending to buy-to-let landlords has increased by 26% in the last quarter of 2014 compared to the previous year.

16 Feb 2015

Fixed rate mortgages at new lows as lenders target borrowers with small deposits

With interest rates remaining low lenders are lowering fixed rate mortgages even for homebuyers with only small deposits.

14 Feb 2015

Home repossessions and mortgage arrears at lowest level since 2006

The Council of Mortgage Lenders (CML) have released data showing the number of homeowners losing their house is down 26% in the last year.

06 Feb 2015

House prices bounce back for the first time in six months, says Halifax

Over the three months to January house prices were 1.9% higher than the previous period across the UK despite uncertainty over the election.

30 Jan 2015

Mortgage approvals increase to help the property market recover

Bank of England data shows a rise in the number of mortgage approvals to 60,275 as lenders bring back low cost mortgages.

30 Jan 2015

House price growth slows as homebuyers are uncertain about the future

Data from the Nationwide and Land Registry shows house prices grow is the lowest since 2013 and reduced in January.

28 Jan 2015

Mortgages to first time buyers start to rise after a decade of decline

First time buyers have struggled to buy their first home with numbers declining for more than a decade according to the ONS.

24 Jan 2015

Mortgage lending reaches a six-year high but numbers are slowing

Data from the Council of Mortgage Lending shows mortgage lending has reached a six-year high although lending has now slowed.

15 Jan 2015

First time buyers pay more for a home as house prices rise, says ONS

Data released from the ONS shows the cost of buying a home for first time buyers has increased by 11% over the year.

08 Jan 2015

First time buyers at highest level since 2007 according to Halifax

The number of first time buyers is 22% up and a seven year high, says the Halifax and helped by high loan to value mortgages.

31 Dec 2014

London borough of Greenwich is the UK top house price performer

The latest report from the Halifax shows the Greenwich as the top house price performer rising 24.6% this year.

19 Dec 2014

Mortgage lending continues to slow - latest data from CML

The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.

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