Archive

Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023.   Rightmove’s weekly...

Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...

Zoopla’s latest House Price index shows a housing market steadily recovering from the impacts of higher mortgage rates with prices rising...

Hamptons analysis of Countrywide estate agency data shows that in the first half of 2024, Londoners purchased 33,130 homes outside the...

Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

The Bank of England has been sharply rebuked by a think tank which claims rate cuts should have come faster. The free-market...

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

April Mortgages has rolled out its range of longer-term fixed rate mortgages to all brokers at SPF Private Clients.   SPF Private Clients...

The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...

There’s speculation that there could be two more base rate cuts announced before the end of the year, following last week’s...

Speculation continues to mount about the likely decision by the Bank of England’s monetary policy committee when it debates base rate...

Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

Lloyds Bank says it expects mortgage rates to remain broadly stable for the short term after the volatility of the past...

Rightmove says the scale of rate cuts being announced by lenders - including the first sub-4% mortgage in many months -...

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

April Mortgages has launched its new unique house purchase mortgage range. Now all registered firms will be able to offer the entire...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...

The latest RICS UK Residential Survey results shows the recent recovery in buyer demand has mellowed slightly, with the market impacted...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...