Mortgage lending remains subdued as high rates put off borrowers June 3, 2024 Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced optimism over interest rate cuts from the Bank of England.
What does cooling inflation mean for house prices and mortgage rates? May 24, 2024 Inflation cooled to the lowest level in nearly three years in April, but what exactly does it mean for Britain’s housing market?
Scale of tax and mortgage bombshell on London and south east “eye-watering” May 22, 2024 The government has been criticised for a so-called “mortgage bombshell” hitting workers in the commuter belt after it emerged households are facing almost £9m in extra payments.
Ex-pensions minister: ‘Serious questions’ for lenders as ultra-long mortgages surge May 13, 2024 Young homebuyers are at risk of falling into poverty in older age, a former pensions minister has warned, as fresh data suggests more than one million new mortgages over the last three years were issued with end dates beyond the state pension age.
How long-term mortgages could help solve the UK housing crisis May 10, 2024 Short-term mortgages are great for some, but their prevalence is exacerbating challenges for first-time buyers, writes Elliot Reader.
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs May 1, 2024 Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Impact of Bank of England interest rate hikes wanes as mortgage approvals rise April 30, 2024 Bank of England figures showed that net mortgage approvals climbed again to 61,300 in March, slightly above the 60,500 seen in February and roughly in line with economists' expectations.
London house prices fall on back of rising mortgages and stamp duty April 29, 2024 London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Mortgage and valuation giant LSL Property Services continues strong start to 2024 with share buyback April 25, 2024 LSL Property Services, one of the largest providers of mortgage and valuation services, has continued its strong start to 2024, surpassing analyst expectations.