Uncertainty over the effects of Brexit has led to buyers losing confidence and the growth of house prices slowing, figures from Halifax indicate. In May, the rate of annual house price growth in the UK was 9.2 per cent, but Read more…
Official figures show that house prices in London have risen by 14.5 per cent, as prices increased across the whole of the UK. According to the UK House Price Index, the average UK property price now stands at £209,054, after Read more…
Recently, the government has made life for buy to let landlords a little more difficult, to try and help first time buyers onto the property ladder. Despite this, continuing interest rate cuts are making the market more and more attractive. Read more…
A recent study of the housing market has found that a third of borrowers end up paying over £2,000 extra in interest by not remortgaging when their initial mortgage deal runs out. Many lenders have special mortgage deals which give Read more…
Landlords have over taken first time buyers in terms of the amount that is being lent out for mortgages, showing the lay of the land within the housing market. Young people are suffering, unable to get together a deposit to Read more…
Before getting their first mortgage, people will spend thousands and thousands of pounds on renting, a new report has claimed. The problem gets ever worse when in the capital city, where prices for both buying and renting are extraordinarily high. Read more…
Conflicting reports have surfaced, confusing the matter of the first time buyer’s market and starter homes. On the one hand, figures reported by the Council of Mortgage Lenders have said that there has been a large increase in the amount Read more…
Over ten thousand people who long to become home owners have flocked to check out the London Help to Buy scheme, to see if it can boost them onto the property ladder. Reportedly, 15,000 people who are caught in the Read more…
First time buyers face an extended and unprecedented amount of time before they are rendered debt free, according to a new study. Comparing data between a survey of 2,000 people and statistics from the Office of National Statistics (ONS), the Read more…
Quarterly product data from Mortgage Brain have indicated that the cost of mainstream 90 per cent loan-to-value has dropped compared to three months ago. The advent of 90 per cent loan-to-value has reflected the demand in the market of cheaper Read more…