Latest mortgage news


22 May 2019

London home mover mortgages fall as Brexit remains uncertain

Home movers completing mortgages in London have reduced by -3.7% as homeowners wait to see the outcome of Brexit uncertainty.

21 May 2019

Borrowers enticed with mortgage incentives from lenders

Lenders have additional perks with residential mortgages to attract borrowers with thousands of incentive deals on offer.

20 May 2019

House prices in London boroughs struggle as regions defy Brexit

London boroughs record falls in house prices with Wales leading with 4.1% annual growth that defies Brexit uncertainty.

06 May 2019

Demand in seaside towns sends house prices higher over decade

Holiday homes in Sandbanks rise 26% in the last year is the most expensive seaside town as prices rise over a decade.

20 Apr 2019

House prices in central London recover thanks to extension of Brexit

With more certainty as Brexit is extended seller asking prices are 2.7% higher reflecting stronger demand in central London.

20 Apr 2019

Top ten regions where property made more money than their owners

Over the past two years property has made more money than homeowners although the gap is closing as price growth slows.

17 Apr 2019

UK house price growth is the slowest rate since 2012, says ONS

As property market sentiment weakens in the UK, house price growth was only 0.6% and the slowest rise since September 2012.

17 Apr 2019

More first time buyers are getting on the property ladder

The first time buyer market remains buoyant with over 4% more purchasing their new homes compared to this time last year.

04 Apr 2019

Docklands in London attracts most demand as rental hotspot

Zoopla reveals the highest rental demand in London are for homes in Docklands which can benefit buy-to-let investors owners.

02 Apr 2019

Demand for equity release doubles across many UK regions

The number of homeowners are releasing equity from their homes has doubled for many UK regions in the last five years.

27 Mar 2019

Mortgage prisoners could switch to cheaper deals with new rules

Changes to mortgage affordability rules by the regulator would allow homeowners to switch to cheaper deals.

27 Mar 2019

City house prices rise for first time in three-and-a-half years

Average house prices have increased 2.8% annually and are positive across all regions for the first time in three-and-a-half years.

21 Mar 2019

Top buy-to-let hotspots with the highest yields revealed

Falling house prices in the north has increased yields with Rochdale the best town for buy-to-let landlords.

19 Mar 2019

MPs call for reform to protect leaseholders from ground rent abuse

A committee of MPs have called for wide ranging legal reform protecting leaseholders from unfair charges and ground rents.

11 Mar 2019

Mortgage rates reduce by half since financial crisis

The cost of borrowing has reduced by half in the last decade with competition encouraging more on the housing ladder.

04 Mar 2019

Buying a property is better value than renting but gap is closing

Home buyers are paying more for their mortgages closing the monthly cost gap with renting, but homeowners are still better off.

27 Feb 2019

London remortgage buyers reach the highest level for a decade

With low interest rates from lenders remortgage buyers in London are locking competitive deals to reduce monthly repayment costs.

23 Feb 2019

First time buyers are majority of purchases and highest since 1995

Numbers of first time buyers have reached 372,000 accounting for the majority of home purchases since 1995, says Halifax.

21 Feb 2019

London borough hotspots with the most million-pound homes

The number of property millionaires in London have decreased by 35,000 as house prices in the capital reduce in 2018.

14 Feb 2019

Most affordable London boroughs for single home buyers

If you are single and looking to step on the property ladder the most affordable homes can be found in outer London boroughs.

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.

    2024 © London City Mortgages.