Brokers: MMR teething problems are finally easing off
12 August 2014 | By Devraj Ray Brokers say data revealing continued growth in approvals shows lenders are beginning to overcome the “teething problems” in ... Read more
UK mortgage lending figures at highest for eight months
The amount of money lent to borrowers reached £17.5bn in June, which is 17% higher than same period last year. The figures could tip the ... Read more
PwC: House prices could jump 27% in 6 years
9 July 2014 | By Devraj Ray The average UK house price could rocket to £330,000 by 2020, according to PricewaterhouseCoopers. Office for National Statistics ... Read more
Govt gets £1bn extra in stamp duty from housing boom
20 June 2014 | By Steve Tolley Increasing house prices have seen stamp duty revenue rise by almost £1bn a year. The Times reports research ... Read more
Mortgage rate to rise 'sooner than expected’
By Peter Dominiczak and Anita Singh Mortgage rates are poised to start rising sooner than expected, the outgoing deputy governor of the Bank of England ... Read more
Lloyds limits mortgage to four times your salary
Lloyds limits mortgage to four times your salary: Britain’s biggest lender caps loans over £500,000 Britain’s biggest mortgage lender announced a major clampdown on huge ... Read more
The better option to going direct
14 May 2014 | By Bob Hunt, Chief Executive, Paradigm So here we are – Mortgage Market Review day on 26 April has been and ... Read more
Average house prices surge to a new record
Despite the mortgage slowdown, average prices in England and Wales went up £1,200 in April, setting a new record according to the latest LSL Property ... Read more
Surveyors report surge in house sales
8 May 2014 | By Steve Tolley The average number of houses being sold per chartered surveyor is at its highest since Feburary 2008 despite ... Read more
Lending up 43% year on year
Gross lending was up an estimated 43 per cent year-on-year in February, according to new figures released today by the Council of Mortgage Lenders. Lending ... Read more
Help to Buy 1 completions rocket in Q4 2013!
The number of completions through the Help to Buy equity loan scheme rocketed in the last quarter of 2013 after official figures revealed that more ... Read more
UK inflation at 2% target for first time since November 2009!
UK inflation dropped down to its 2% target at the end of 2013, according to the latest official figures. The Office of National Statistics says the consumer ... Read more