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April 26, 2015 - Latest:

Strict mortgage checks encouraging borrowers to ‘play’ the system

24 April 2015

Homebuyers are using more cash and reining in their spending to give themselves a better chance of securing a mortgage, but be wary of trying to ‘play’ the system.   [...]

The dream home for many Britons? A four-bed detached property in the South West

23 April 2015

For Britons, the “dream home” is a four bedroom detached property by the sea in South West England, a survey from AA Home Membership has found. The analysis also showed [...]

Mortgage lending rises 21% month-on-month during March to hit £16.5bn

23 April 2015

Gross mortgage lending up jumped a robust 21% month-on-month during March suggesting that the UK housing market is once again starting to gain traction. The new statistics from the Council [...]

Forget period features and en-suite bathrooms. Homebuyers want fast broadband, a clear mobile signal and TV space

20 April 2015

Warmth and security top the list of essentials house-hunters are looking for in a property these days, according to a new survey from Gocompare.com. In contrast good schools, en-suite bathrooms [...]

Asking prices for homes soar to new high of more than £286,000 during April

20 April 2015

Rising demand for property coupled with a dearth of supply has pushed the typical asking price to a new high according to Rightmove. The UK’s largest property website claimed that [...]

The dash to secure a home leaves many a tenant nursing a load of regrets

16 April 2015

The ever-rising demand for rental properties is causing many to rush into tenancy agreements which they end up living to regret new research has revealed. The study from mortgage and [...]

Housing and mortgage markets cool in February

14 April 2015

House price rise slowed across the majority of the UK and mortgage lending fell in February, official figures reveal. UK house prices increased by 7.2% in the year to February [...]

Tories promise extension to Right to Buy

14 April 2015

The Conservatives have pledged to extend the Right to Buy scheme as they launch their general election manifesto today. The party says it will extend the Right to Buy to [...]

£1,000 invested in Buy to let in 1996 worth average £14,897 in 2014 far outstripping equities and bonds says new research

11 April 2015

Buy to let has been the outstanding investment of the past 18 years, providing average returns that easily outstrip those of other major asset classes new research suggests. A report [...]

Property ‘hoarding’ babyboomers stop homes changing hands

10 April 2015

UK property is changing hands less frequently than it did thirty years ago as babyboomers hoard houses and first-time buyers jump onto the ladder later in life.   Analysis by [...]

UK house prices rise 0.4% in March but annual rate of growth eases

9 April 2015

House prices edged ahead by 0.4% on a monthly basis in March but the annual rate of growth slowed according to new figures from Halifax. The lender said that over [...]

Sellers are over-pricing property by an average of £74,000

8 April 2015

Thousands of home sellers are pricing their properties unrealistically as a new survey suggests that the gap between the average asking price and the average sold price is £74,000. The [...]

Have estate agents hijacked your high street?

7 April 2015

The City of Westminster has 179 estate agents, and seven other London boroughs are home to more than 100 estate agents each, a new survey reveals. A report by HouseSimple.co.uk, [...]

Number of first-time buyers reaches highest level for seven years, but pessimism reigns

7 April 2015

In 2014 the number of first-time buyers rose to its highest level for seven years at 311,500. Despite this, the latest Generation Report from Halifax shows that many would-be buyers [...]

Help to Buy Isas will still leave many with a £14,000 shortfall

31 March 2015

The average aspiring first-time buyer will still be nearly £14,000 short of a deposit, despite the Chancellor’s launch of the Help to Buy Isa in the Budget earlier this month. [...]

Mortgages approvals climb for the third successive month to reach a six-month high in February claims Bank of England

30 March 2015

Mortgage approvals ticked-up modestly for third month running in February to hit a six-month high according to new figures from the Bank of England. The data adds to growing evidence [...]

Remortgaging to become harder under new European affordability rules

27 March 2015

Borrowers wanting to switch lenders to remortgage will have to undergo strict affordability assessments, even if they do not wish to borrow more, under new European rules.   The Financial [...]

Housing market ‘moderates’ as prices continue to soften

27 March 2015

The housing market is continuing to soften as annual price growth slowed for the seventh month in a row.   The latest data from Nationwide shows house prices in the [...]

Optimism continues to creep back into the UK housing market

26 March 2015

Sentiment towards property is looking that bit brighter, with over a third of people believing that now is a good time to buy, according to research from the Building Societies [...]

UK pensioner property wealth rockets to £861bn

26 March 2015

Retired homeowners have collectively witnessed their property wealth grow by more than £33bn in the past six months with the housing boom earning the average pensioner nearly £1,200 a month, [...]

House price optimism rebounds as inflation collapses to record low

25 March 2015

As the amount of mortgages granted to homebuyers rises to a five month high, it appears optimism in regards to house prices has also rebounded among Britons. While the amount [...]

Mindful Money’s Mortgage Calculators

25 March 2015

Mindful Money has launched a range of mortgage tools so readers can now search online for the best deals. We’ve teamed up with London & Country, the UK’s leading fee [...]

Housing market enjoys boost as mortgage approvals climb to five-month high

25 March 2015

The amount of mortgages taken out rose for the second consecutive month during February according to the latest statistics from the British Bankers Association (BBA) indicting that UK housing market [...]

Void periods on buy-to-let properties drop to 13-year low claims new research

23 March 2015

The typical annual void period on buy-to-let properties has fallen to its lowest level since 2002 claims new research from Paragon Mortgages. The specialist buy-to-let mortgage lender has surveyed a [...]

Mortgage woes are ‘nail in the coffin’ for would-be homeowners

20 March 2015

First-time buyers may have been givens a boost in the Budget with the introduction of the Help to Buy ISA but would-be homeowners are facing a bigger battle; getting a [...]

House price rises may render Help to Buy Isa boost useless, critics warn

18 March 2015

Experts have cast doubt on how useful the Chancellor’s  Help to Buy Isas will be for struggling first-time buyers. While many welcomed George Osborne’s promise to launch Help to Buy [...]

Help to Buy: ISA to launch this autumn with £50 Government ‘bonus’ for every £200 saved

18 March 2015

The Government is launching a new Help to Buy ISA for first time buyers with the state contributing £50 for every £200 saved towards a deposit on a first home. [...]

Crossrail effect boosts house prices along the route

18 March 2015

Property prices within a 10-minute walk of Bond Street station have risen by 82%, the largest increase along the Crossrail route between the project receiving Royal Assent in July 2008 [...]

Loans to first-time home buyers fall by 27%

17 March 2015

Lending to first-time buyers dropped by 27% from December to January, with only 19,000 loans granted with a total value of £2.8 billion. The figure was 14% down on the [...]

Homes earn more than people in a fifth of the UK

17 March 2015

House prices have increased by more than earnings in a fifth of local authorities across the UK. The study by Halifax found that, over the past two years, houses earned [...]

One in three Britons falling behind on their housing aspirations

16 March 2015

Homeowners across the UK are failing to progress up the housing ladder as quickly as they had hoped according to new research from Lloyds Bank. The lender’s analysis found that [...]

Medical trials and second jobs: how far would you go to buy your first home?

13 March 2015

Young people are being forced to take second jobs and even considering taking part in medical trials in order to get a foot on the UK property ladder.   Research [...]

Average home worth £34,000 more than at 2008 property price peak

13 March 2015

The average home is now worth £34,000 more than it was at the height of the housing boom in February 2008.   Purchasing a property now costs an average of [...]

Pension freedoms: lure of buy-to-let is biggest risk to retirees

13 March 2015

The lure of buy-to-let property could leave pensioners in poverty if the housing bubble bursts, Scottish Friendly has warned.   The new pension freedoms will allow those aged over 55 [...]

London house price fall persists says RICS

12 March 2015

London continued to buck the UK-wide house price growth trend in February, as the capital was the only region where more price declines were reported than increases. According to the [...]

The Government’s takings from stamp duty are up 20% on last year

11 March 2015

Stamp duty revenues raised on residential properties are projected to be up by over 20% in 2014/15 to a record £8 billion. Three quarters of all home buyers are liable [...]

Building Societies Association imploring Chancellor to take swift action to help homebuyers

9 March 2015

Ahead of the Budget on 18 March the Building Societies Association (BSA) has written to Chancellor of the Exchequer urging him to take swift action to help homebuyers – particularly [...]

Are first time buyers starting to rely less on the ‘Bank of Mum & Dad’?

5 March 2015

The amount of first time buyers relying on the so-called Bank of Mum and Dad to help bolster their deposit has dropped significantly according to new research. Clydesdale and Yorkshire [...]

House prices slip by 0.3% in February as activity continues to remain muted

5 March 2015

UK property prices dipped 0.3% month-on-month in February bringing annual rate of increase down to 8.3% according to Halifax as activity continues to be constrained. The statistics follow numbers released [...]

Buying a new build property? Five top tips to think about when buying a brand new home

5 March 2015

Thinking of taking the plunge and purchasing a new build home? Ensure you know what you may or may not be getting into. John Charcol executive mortgage & protection consultant [...]

Government to offer 100,000 first-time buyers new homes at a 20% discount

2 March 2015

The Government has launched a new scheme offering 100,000 first time buyers new homes at a 20% discount in what it has described as “part of a major push to [...]

House price rises drop to 17-month low as activity remains constrained

2 March 2015

February witnessed house prices edge down by 0.1% taking the annual gain to a 17-month low of just 5.7% according to numbers from Nationwide. The latest update from the lender [...]

Mindful Money’s Mortgage Calculators

26 February 2015

Mindful Money has launched a range of mortgage tools so readers can now search online for the best deals. We’ve teamed up with London & Country, the UK’s leading fee [...]

Home ownership drops to lowest level since the mid-1980s

25 February 2015

The number of home owners has dropped to its lowest level since the mid-1980s, government figures today revealed. The proportion of households living in a home of their own dropped [...]

Lending to home movers in London drops by 20%

25 February 2015

Lending to home movers in London dropped by 20% in value and 15% in volume in the fourth quarter of 2014 compared to the three previous months. There were 8,800 [...]

One in five parents to buy a property for student children

20 February 2015

Nearly one in five parents are hoping to buy a property for their student children to give them a nice place to live.   Research by insurer Direct Line shows [...]

Majority of tenants have paid for improvements on the property they rent

19 February 2015

Almost two thirds, at 63% of people renting a home in the UK have splashed out on improving where they live, despite the fact that they do not own it [...]

Mortgage lending falls steeply in January as seasonal slowdown holds back activity

19 February 2015

Mortgage lending dipped markedly in January but hopes are rising that the market slowdown is close to bottoming out. While the start of the year is traditionally a slow period [...]

London house prices are 36% higher than pre-crisis peak

17 February 2015

London house prices are 36.4% higher than the pre-economic downturn peak of January 2008, at £502,000 in December, official figures reveal. However, prices in the capital are below their more [...]

Buy-to-let lending jumped by 32% in 2014

17 February 2015

The value of loans to buy-to-let borrowers increased by 32% in 2014, compared to the previous year, figures from the Council of Mortgage Lenders reveal. Buy-to-let lending for 2014 totalled [...]

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