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July 2, 2015 - Latest:

Landlords upbeat about future tenant demand given stress on housing stock

29 June 2015

Given the need for properties across the private rented sector, nearly half, at 43% of UK landlords, believing demand is either growing or actually booming. The research by specialist buy-to-let [...]

A third of homeowners struggling to progress up the property ladder

29 June 2015

Some 34% of British homeowners aspiring to move up the property ladder in the next five years admit they would struggle to make that move claims new research from MoneySuperMarket. [...]

Bank of England figures show drop in mortgage approvals during May but underlying trend still looks robust

29 June 2015

The latest lending figures from the Bank of England show that mortgage approvals dipped in May but experts believe the housing market is still on the rebound. Statistics from the [...]

Average mortgage at highest point since the recession

26 June 2015

The average borrowers is taking out a bigger loan than at any point since the recession to get on to the property ladder. Although house price growth across and England [...]

Would an offset mortgage be right for you?

25 June 2015

Nick Morrey, mortgage and protection consultant at John Charcol discusses the merits of offset mortgages… Offset mortgages began in Australia in the 1990s and when they first came to the [...]

Mortgage approvals jump to 14-month high in May

25 June 2015

The UK property market appears to be heating up once again as new figures show mortgage approvals jumped to a 14-month high in May. The latest statistics from the British [...]

£11,635 buys 1 sqaure metre of floor space in a home in Kensington & Chelsea

23 June 2015

New research from Halifax shows that boroughs in London continue to dominate the country’s list of most expensive places for property on a per square metre basis. There are, however, [...]

£11,635 buys 1 square metre of a home in Kensington & Chelsea

23 June 2015

New research from Halifax shows that boroughs in London continue to dominate the country’s list of most expensive places for property on a per square metre basis. There are, however, [...]

Help-to-buy gives the ‘bank of mum and dad’ a cash break

22 June 2015

The Government’s Help to Buy scheme is now the route of choice for first-time buyers looking t o jump onto the housing ladder, according to research from Ocean Finance. The [...]

Mortgage lending enjoys only modest gains in May but significant upturn potentially on the way

18 June 2015

Gross mortgage lending in May remained relatively static in comparison to the previous month’s total according to the Council of Mortgage Lenders but the organisation is anticipating “an upturn in lending [...]

Half of young borrowers will need a mortgage lasting into retirement

16 June 2015

More than half of borrowers expect they will be saddled with mortgage debts into their retirement, a new survey reveals. The Building Societies Association found that 52% of 25-34 year [...]

The majority of tenants are actually happy with their landlord claims research from buy-to-let lender

15 June 2015

More than three quarters, at 81%, of tenants living in the Private Rented Sector (PRS) are satisfied with their current landlord according to research from specialist buy-to-let lender, Paragon Mortgages. [...]

General election result drives prices of property hitting the market to all-time high

15 June 2015

The surprise result of May’s general election has helped to drive property asking prices to a new high of £294,351 according to figures from Rightmove. The property website’s latest House [...]

Nearly 66% of UK tenants are suffering higher costs as landlords continue to jack-up rents

11 June 2015

Nearly two-thirds of tenants have endured a rent-hike seen on their current property at the end of each tenancy agreement, with many now forced to pay extra fees to letting [...]

Parents underestimating how hard it is for children to buy their first home

8 June 2015

The parents of ‘Generation Rent’ are underestimating just how hard it is for their children to take their first step on the property ladder. The Generation Rent report by Halifax [...]

Help to Buy new build completions decline for five months in a row

5 June 2015

The government’s Help to Buy scheme for new build properties has seen completions decline over five consecutive months.   The Help to Buy scheme was introduced in two parts; the [...]

Second steppers now climbing the ladder thanks to house price rises

5 June 2015

House price rises mean most ‘second steppers’ are no longer trapped in negative equity but challenges to buying a second home still remain.   Lloyds fifth annual Second Stepper report [...]

Millions set to be pushed into the red if interest rates rise by even 1%

4 June 2015

Almost seven million people will struggle to cover their mortgage repayments if interest rates rise just 1% claims new research from mortgage and loans provider Ocean Finance. The analysis found [...]

Buying a home? It is all still about “location, location, location”

4 June 2015

The old adage of ‘location, location, location’ very much still rings true for Britons looking to buy a new home according to research released by Clydesdale and Yorkshire Banks today. [...]

Annual house prices growth rises to 8.6% in May as the number of properties on the market collapses

4 June 2015

The annual rate of house price growth edged up to 8.6% in May as the number of properties for sale fell to its lowest level for some time according to [...]

Almost half of prospective buyers knocked back since new mortgage rules took effect

3 June 2015

Almost half  of those who planned to buy a property since the introduction of new mortgage affordability rules last year have failed to do so. The findings by Experian, the [...]

House price growth slowed in May as election uncertainty stifled sales

3 June 2015

Annual house price growth slowed to 4.6% in May from 5.2% a month earlier, the latest figures from Nationwide Building Society reveal. Month-on-month growth was 0.3% in May, as the [...]

Mortgage approvals see biggest monthly leap since 2009

2 June 2015

Mortgage approvals have seen the largest monthly  jump since February 2009, Bank of England data shows. There were 68,076 approvals in April, marking a 14-month high, according to the Bank’s [...]

As many as 3,000 families a year forecast to lose Inheritance Tax break

1 June 2015

Up to 3,000 families a year could miss out on proposed inheritance tax (IHT) changes as a result of already selling the family home according to NFU Mutual. Analysis of [...]

First time buyers “have never had it so good” as mortgage rates for aspiring homeowners hit a three-year low

1 June 2015

For would-be homeowners the backdrop has never been better. Not only have the number of first time buyer products available soared but mortgage rates are at their lowest levels in [...]

Annual house price inflation moderates to 14-month low show Land Registry figures

1 June 2015

The Land Registry has reported that house prices in England and Wales rose 0.9% month-on-month in April, causing annual house price inflation to moderate to a 14-month low. This latest [...]

Sentiment towards the UK’s housing market knocked

1 June 2015

Confidence in the property market has taken a hit despite the fact that interest rates were held again and average house prices continued to increase, claims new analysis. The Halifax [...]

TSB offers ‘breathing space mortgages’ with lower rate for first year

29 May 2015

TSB has launched a new range of mortgages that start with a lower interest rate to give new homeowners ‘breathing space’.   In the fierce battle between lenders that has [...]

UK landlords enjoy £112bn return in the last year as the private rented sector soars

28 May 2015

UK landlords have enjoyed total annual returns of £111.5bn in the last year, as the private rented sector (PRS) continued to grow apace, according to the latest edition of Kent [...]

Mortgage approvals rise for the fourth consecutive month to hit 10-month high

28 May 2015

The latest statistics from the British Bankers’ Association (BBA) suggest that housing market activity is once again on the up after slowing down in the latter months of 2014. The [...]

Right to Buy extended to 1.3m housing association tenants, but Shelter warns of trouble ahead

27 May 2015

The Government is extending the Right to Buy scheme to give 1.3 million housing association tenants the chance to buy their homes. The changes come as part of a new [...]

Cheapest ever mortgage launched as loan rates edge toward sub-1%

22 May 2015

Yorkshire Building Society has edged closer to sub-1% mortgage rates with its launch of a new two-year fixed year deal.   The mutual has unveiled the UK’s lowest-ever fixed rate [...]

Mortgage lending dips but house price growth is expected to accelerate

21 May 2015

New figures show gross mortgage lending eased in April but the underlying market trend is beginning to look more robust, with house prices now expected to rise by more than [...]

Rogue landlords rake in £5.6bn a year from unsafe properties which fail to meet legal standards

21 May 2015

Greedy landlords are raking in £5.6bn a year from unsafe homes that fail to meet legal standards, claims a damning new report from Citizens Advice. The study, which is part [...]

Five-year fixed rate mortgages now cheaper than two-year deals were a year ago as price cuts continue

20 May 2015

Mortgage rates have fallen so much that borrowers are able to secure a five-year fixed rate now for the same price as a two-year fixed rate a year ago. Locking [...]

Call for investigation into “anti-competitive” estate agents’ contracts

20 May 2015

The estate agency sector has been reported to the regulator for its use of long exclusivity periods that prevent sellers from instructing other agents. The online estate agency eMoov.co.uk issued [...]

House prices rise by nearly 10% across UK and almost 15% in Scotland

19 May 2015

UK house prices increased by 9.6% in the year to March 2015, up from 7.4% in the year to February 2015. The average UK property price reached £273,000,up from £268,000 [...]

Yorkshire Building Society launches fee-free cashback mortgage range

18 May 2015

Yorkshire Building Society has unveiled 10 new fee-free £1,000 cashback mortgages, with rates starting from 2.19% for a three-year fix. The five-year fixed rate mortgages start at 2.54%, and both [...]

“Brakes removed” from property market as pre-election jitters disappear warns Rightmove

18 May 2015

The fact the Conservatives sealed a majority win in the general election could take the brakes off the housing market, property website Rightmove has warned. It highlighted that this month [...]

First time buyers waiting way longer than originally expected to get onto the property ladder

18 May 2015

While getting onto the property ladder is widely accepted to be an arduous task, it seems first time buyers are now waiting even longer than they originally planned to make [...]

Regions with low unemployment see house prices rise by almost £65,000 since the crisis

18 May 2015

Homeowners in local authorities with the lowest levels of unemployment have witnessed the value of their property jump by almost £65,000 since the trough of the last housing market cycle [...]

Regional rents now rising as fast as in London

15 May 2015

Rents are rising in 11 out of 12 regions in the UK as regional prices catch up to London.   According to figures from tenant reference service HomelLet, the average [...]

Homeowners cashing in on house price rises by taking equity from homes

15 May 2015

Homeowners are hoping to cash in £9,000 of equity on their homes when they remortgage.   Research by broker Mortgage Advice Bureau shows owners are keen to tap into the [...]

General election uncertainty drives new instructions down as house prices jump in April

14 May 2015

House prices rose once again in April as a result of the third consecutive monthly decline in supply, with new instructions falling at their fastest rate since May 2009, according [...]

Arrears and repossessions continue to fall claims trade body

14 May 2015

The number of mortgages in arrears or ending in repossession has fallen markedly during the first three months of the year according to the latest figures from the Council of [...]

One in six borrowers look to remortgage as price war rages

13 May 2015

Nearly one in six  homeowners are considering remortgaging over the next six months as the ongoing  price war continues to deliver rock bottom rates. The study, by Nottingham Building Society [...]

Number of borrowers in negative equity falls by 85% in four years

12 May 2015

The number of homes in negative equity has  shrunk by 85.4% between 2011 and 2015. There are now just over 120,500 properties which are valued at a lesser amount than [...]

2015 witnesses big rise in landlords looking to buy semi-detached properties

11 May 2015

There are been a marked uptick in the number of landlords on the look-out for semi-detached properties according to research from Paragon Mortgages. The specialist lender’s analysis found that the [...]

House price boom expected after Tories win election

8 May 2015

A house price boom is expected in the capital as estate agents and investors breathe a sigh of relief that a mansion tax is not on the horizon.   Following [...]

Mortgages are the hardest financial product to switch since tougher checks have come into force

5 May 2015

New research has highlighted a dramatic reduction in number of consumers saying it was easy to switch their mortgage since new rules came into force under the Mortgage Market Review [...]

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