Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...
Archive
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...
05 June 2024
From: Breaking News
New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...
22 April 2024
From: Breaking News
The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...
22 November 2023
From: Breaking News
There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...
08 November 2023
From: Breaking News
UK mortgage holders are repaying record amounts of mortgage debt, according to the Equity Release Council. But the ERC claims high levels...
25 October 2023
From: Breaking News
Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...
25 October 2023
From: Breaking News
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...
23 October 2023
From: Breaking News
Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...
18 September 2023
From: Breaking News
Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...
13 September 2023
From: Breaking News
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...
18 March 2021
From: Breaking News
A fifth of current mortgage holders believe they will still be paying off their mortgage beyond the age of 65 –...
28 November 2018
From: Breaking News
Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...
30 August 2018
From: Breaking News
The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...
02 May 2017
From: Breaking News
Mortgage arrears and repossessions hit a new low in the third quarter but brokers have warned against borrower complacency. They fear borrowers...