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Mortgages News Stories

Beware: homeowners losing safety nets

Updated: 11th December 2017 - First Published: 11th December 2017 The financial crisis of 2008 saw certain safety nets put in place to help homeowners who struggle to make their mortgage repayments. Unfortunately, a report by UK Finance published today has revealed that most of this support is being withdrawn. Read More...

SVR borrowers get a reprieve from rate rises

Updated: 11th December 2017 - First Published: 11th December 2017 Customers on their provider’s SVR will be delighted to hear that they might be spared from the full base rate rise. Figures from the upcoming Moneyfacts Mortgage Trends Report show that the average SVR has only increased by 0.14% since 1 November. Read More...

Bank of Mum and Dad – the UK’s 9th largest lender

Updated: 08th December 2017 - First Published: 08th December 2017 Despite the removal of stamp duty for (most) FTBs, affording that crucial first home remains tough. This is why parents are set to lend a staggering £6.5bn in 2017 – effectively making the Bank of Mum and Dad the UK’s 9th largest mortgage lender. Read More...

Have things improved for first-time buyers?

Updated: 29th November 2017 - First Published: 29th November 2017 It’s been a tumultuous few weeks for first-time buyers. First, base rate rose and the stamp duty cut was announced, and that’s before discussions progressed on making rental payments proof of mortgage affordability. So how has it all panned out? Read More...

Cashback mortgage deals rise by 27% in a year

Updated: 27th November 2017 - First Published: 27th November 2017 We all like getting something for nothing, and cashback on something you were going to get anyway can be the Holy Grail. The best offers can often be found when taking out a mortgage – and the number of such deals has soared by 27% in the last year. Read More...

Is Bank of Mum & Dad closing to first-time buyers?

Updated: 21st November 2017 - First Published: 21st November 2017 The Bank of Mum and Dad has long been drawn upon when the time comes to buy that all-important first home, but it looks as though it may be starting to wind down, with 34% of people saying they have not and do not intend to offer financial support. Read More...

Base rate expectation caused remortgage boost

Updated: 15th November 2017 - First Published: 15th November 2017 We know now that the base rate rise happened, but expectation of that had a significant impact on all kinds of financial markets leading up to it, none more so than the mortgage market, with remortgaging activity seeing a particular jump. Read More...

Borrowers say goodbye to sub-1% tracker rates

Updated: 13th November 2017 - First Published: 13th November 2017 Mortgage providers have reacted quickly to the base rate announcement, with the majority having already increased their variable tracker mortgage rates - so not only has the average increased, but the sub-1% deal is now no longer on offer. Read More...

Two-year mortgage rate sees record rise

Updated: 06th November 2017 - First Published: 06th November 2017 Unsurprisingly following last week’s base rate decision, mortgage rates have seen quite a rise this month. Indeed, the average two-year fixed mortgage rate has risen by a whopping 0.12%, marking the highest monthly rise recorded since August 2009. Read More...

Base rate rise could cost variable borrowers £83m

Updated: 24th October 2017 - First Published: 24th October 2017 A base rate rise is becoming an increasingly expected possibility, but what would it mean for your mortgage repayments? Well, variable rate borrowers could be hit within the month, potentially shelling out £82.8m more as a result. Read More...

First-time buyers facing mortgage rate shock

Updated: 23rd October 2017 - First Published: 23rd October 2017 Thoughts of a base rate rise are already impacting the mortgage market, with the average two-year fixed mortgage rate seeing an increase at all loan-to-values (LTVs) in the last month – yet it’s rates at 95% LTV that have been hardest hit. Read More...

Remortgage and beat the base rate rise

Updated: 18th October 2017 - First Published: 18th October 2017 Yesterday’s revelation that inflation has hit a five-year high has got everyone talking about the possibility of a base rate rise, which means it’s time to get prepared - and sorting out your mortgage should be at the top of the list. Read More...

Remortgaging activity hits 9-month high

Updated: 10th October 2017 - First Published: 10th October 2017 The remortgage market continues to surge ahead, as remortgaging activity has just hit a nine-month high. Thanks to record low mortgage rates, it’s little wonder things are progressing so well. Is it time you got in on the action? Read More...

Base rate rumours cause fixed mortgage rate rises

Updated: 09th October 2017 - First Published: 09th October 2017 We’ve got further confirmation that the end of record low mortgage rates could be upon us, with data showing that, as SWAP rates have jumped up, the average two-year fixed mortgage rate is starting to follow suit. Read More...

Help to Buy could get a £10bn boost

Updated: 04th October 2017 - First Published: 04th October 2017 The Help to Buy equity loan scheme has already helped over 130,000 people buy a brand-new home, and the Government’s recent pledge to plough a further £10 billion into the scheme could more than double that figure. Could you benefit? Read More...

Guilt-ridden borrowing from the Bank of Mum & Dad

Updated: 04th October 2017 - First Published: 04th October 2017 Many people turn to their parents for help getting on the ladder these days, yet it may not be the Holy Grail it’s often touted as, with research showing that tapping into the Bank of Mum and Dad often leaves borrowers feeling guilty. Read More...

Beware: lenders putting up mortgage rates

Updated: 03rd October 2017 - First Published: 03rd October 2017 As of this writing, there are 16 individual lenders who have upped their mortgage rates in the last few weeks, and more are expected to do so in the near future. So if you've gotten used to record low mortgage rates, you may be in for quite a shock. Read More...

Remortgaging activity hits record levels

Updated: 27th September 2017 - First Published: 27th September 2017 The remortgage market has enjoyed a resurgence in recent months, with record low mortgage rates encouraging homeowners to switch to a better deal and save money - and new figures show that remortgaging activity has just hit record levels. Read More...

Record number of two-year 90% LTV mortgages

Updated: 25th September 2017 - First Published: 25th September 2017 Our latest research shows that the higher loan-to-value (LTV) market is going from strength to strength, seeing not only a significant drop in rate but also the number of two-year fixed rate deals on offer hitting an all-time high. Read More...

Remortgage activity ramps up as rates hit new lows

Updated: 13th September 2017 - First Published: 13th September 2017 The Holy Grail of remortgaging is to be able to lower your LTV and reduce your mortgage payments in the process, and with record low mortgage rates almost guaranteeing the latter, a rising number of homeowners are now remortgaging. Read More...

90% LTV mortgage availability at post-crisis high

Updated: 12th September 2017 - First Published: 12th September 2017 The high loan-to-value market has been going from strength to strength in recent years, and the 90% LTV market in particular has seen a definite boost this month, with a huge jump in products and lower mortgage rates. Read More...

Clear shift towards five-year remortgage deals

Updated: 05th September 2017 - First Published: 05th September 2017 There’s ongoing uncertainty around base rate at the moment, but whether it rises sooner or later, one thing’s for sure – mortgage rates won't stay this low forever, which is probably why so many people are looking to longer-term remortgage deals. Read More...

Base rate rise won’t cripple homeowners

Updated: 04th September 2017 - First Published: 04th September 2017 There’s a lot of uncertainty around whether the Bank of England will increase base rate in the near future, and borrowers are understandably concerned about the impact on their repayments - but our research shows that they needn’t panic. Read More...

Remortgaging surge to continue – get the best rate

Updated: 30th August 2017 - First Published: 30th August 2017 Remortgaging has been surging ahead in recent months, with yet more figures highlighting the strength of this sector of the market – so if you’re thinking of getting in on the action, make sure you’ve got the best remortgaging rates possible. Read More...

Second-stepping tougher than buying a first home

Updated: 29th August 2017 - First Published: 29th August 2017 We all know the struggles of buying a first home, yet the struggle isn’t always over once we’ve got that first set of keys, as research shows that taking the second step up the ladder can be just as difficult. Read More...

Discounted mortgages best for first-time buyers

Updated: 29th August 2017 - First Published: 29th August 2017 First-time buyers seeking a mortgage may instinctively opt for a fixed rate to give them the peace of mind that their repayments won’t change, yet this may not be the most cost-effective choice, as rates can often be higher for this type of deal. Read More...

Bank of Gran and Grandad open for business

Updated: 22nd August 2017 - First Published: 22nd August 2017 While the bank of Mum and Dad has long been known as the go-to place for first-time buyers, it seems that the bank of Gran and Grandad is becoming increasingly popular, too, with generous grandparents giving thousands to the younger generation. Read More...

One in 10 adults own more than one property

Updated: 21st August 2017 - First Published: 21st August 2017 There has been a 30% increase in the number of adults who own multiple properties, up from 1.6 million in the period between 2000 and 2002 to 5.2 million people in 2012-2014. This means that one in 10 Brits now owns more than one house. Read More...

Equity release helps first-time buyers

Updated: 16th August 2017 - First Published: 16th August 2017 Equity release can be a great way for retirees to free up some of the cash from their home, but did you know that it can help first-time buyers, too? Figures show that equity release has helped 13 people a week onto the housing ladder so far in 2017. Read More...

House prices fall for a further month

Updated: 14th August 2017 - First Published: 14th August 2017 After years of rapidly rising house prices, the last few months or so have seen a definite slowing in price growth – and there have even been falls in house prices on a monthly basis. Read More...

Remortgage customers: beware of rate rises

Updated: 14th August 2017 - First Published: 14th August 2017 Remortgage customers have recently been able to benefit from some of the lowest rates ever seen, yet that time may be up for these competitive deals – which means if you’ve been thinking about remortgaging, now may be the time to take the plunge. Read More...

First time buyers - High LTV rates are falling

Updated: 09th August 2017 - First Published: 09th August 2017 For the last few months, the high loan-to-value (LTV) market has been on a bit of a downturn, but this month signals a reversal of fortune – not only has the number of high-LTV mortgages available hit a record high, but average rates are falling! Read More...

Where to move for the best first-time buyer deals

Updated: 08th August 2017 - First Published: 08th August 2017 Times haven’t been easy for first-time buyers, with rising house prices resulting in the average price for a first home costing £211,000, compared with £75,000 in 2000. That’s why a new study has looked at the most affordable places in the UK. Read More...

15th month of mortgage product growth

Updated: 07th August 2017 - First Published: 07th August 2017 The number of mortgage products available has increased for yet another month to stand at a whopping 4,657 in August. While more choice means better options, there's also an increased possibility that you might miss the best deal for you. Read More...

Over £35bn worth of mortgages due to mature

Updated: 04th August 2017 - First Published: 04th August 2017 This autumn will see an impressive £35 billion worth of mortgages reach maturity. These lucky homeowners could see their monthly repayments fall substantially, thanks to reduced mortgage rates and increased house prices, if they remortgage. Read More...

Homebuyers pay £8.3bn in stamp duty

Updated: 31st July 2017 - First Published: 31st July 2017 Whether you’re buying your first home, moving up the ladder or downsizing, there’s one tax that always needs to be paid – stamp duty. We’re paying thousands of pounds a time for this extra tax, with it adding up to a collective £8.3 billion in 2016. Read More...

Loyal mortgage customers hit with £400 price hikes

Updated: 28th July 2017 - First Published: 28th July 2017 When it comes to finance, loyalty rarely pays, and mortgage loyalty is no exception - fail to remortgage to a better deal when your fixed term ends, and you could pay an extra £400 every year. Read More...

What would happen to mortgages if base rate rises?

Updated: 26th July 2017 - First Published: 26th July 2017 There’s been a lot of speculation recently that a base rate rise could happen in the not-too-distant future, but just what would happen to your mortgage if it does? We take a closer look. Read More...

Remortgaging becomes most active sector

Updated: 24th July 2017 - First Published: 24th July 2017 Record low mortgage rates have given the mortgage market a serious boost, so it's little wonder that remortgaging continues to go from strength to strength – so much so that remortgaging has become the most active sector of the entire market. Read More...

First-time buyers: say goodbye to record low rates

Updated: 24th July 2017 - First Published: 24th July 2017 Borrowers have been treated to record low mortgage rates recently, but this is starting to change, as while rates are still falling for those with large deposits, for those with a small deposit the trend seems to be reversing. Read More...

Millennials more mortgage-savvy than over-55s

Updated: 10th July 2017 - First Published: 10th July 2017 A survey from London & Country Mortgages has revealed that millennials (those aged 19-34) are generally striving to be much more mortgage-savvy than older generations, with 92% on a repayment mortgage compared with 68% of those aged 55 or over. Read More...

Mortgage rates at new lows despite rising pressure

Updated: 10th July 2017 - First Published: 10th July 2017 Economic pressures are being felt across much of the financial world, yet it appears that the mortgage market is defying those indicators, with our latest research revealing that average mortgage rates have fallen to the lowest point on record. Read More...

First-time buyers paying record prices

Updated: 03rd July 2017 - First Published: 03rd July 2017 Recent figures show that first-time buyers are currently driving housing activity, which makes it all the more disappointing to find that they are now paying a higher price than ever before to take that first step on the property ladder. Read More...

Watch out for high mortgage fees

Updated: 03rd July 2017 - First Published: 03rd July 2017 If you’re on the lookout for a new mortgage, you may be tempted to just pick the lowest rate on the market, but wait! Remember to look at the mortgage fee attached to a deal, as the average fixed fee now stands at its highest point since August 2013. Read More...

One in three second steppers need support

Updated: 27th June 2017 - First Published: 27th June 2017 While there’s a lot of attention on the help that first-time buyers get to boost them onto the property ladder, new research has found that 32% of second steppers require more than £20,000 in financial support to help them move further up the ladder. Read More...

More choice for house hunters with bad credit

Updated: 26th June 2017 - First Published: 26th June 2017 Debt is not something we like to talk about, even if it’s in the past, but nonetheless it’s something that can affect our future. Read More...

What’s your garden worth?

Updated: 27th June 2017 - First Published: 20th June 2017 A garden may be the true sign of luxury when it comes to owning a home, especially if you’ve grown up in a densely populated area. But how much of a difference does it really make when it comes to house prices? The answer is, it depends. Read More...

£3,242: the high street cost of not remortgaging

Updated: 19th June 2017 - First Published: 19th June 2017 Last week we reported that remortgaging could save you £2,000 compared with reverting to your lender’s Standard Variable Rate. Now, research reveals that the cost is even higher with the big six, to the tune of £3,242 per year! Read More...

Key steps to buying your first home

Updated: 19th June 2017 - First Published: 19th June 2017 As figures show the first June drop in the price of properties coming onto the market since 2009, it’s a good time for any would-be buyer to consider jumping onto the property ladder. But how exactly do you go about that? Well, we’re here to help. Read More...

What would you give up to buy your first home?

Updated: 14th June 2017 - First Published: 14th June 2017 Being able to buy that all-important first home is a huge milestone, but it’s also a significant challenge, with many financial sacrifices necessary along the way. But just how far would you be willing to go to realise that dream? Read More...

Remortgage to a new deal and save £2,000 per year

Updated: 12th June 2017 - First Published: 12th June 2017 When you're coming to the end of a fixed mortgage, do you revert to your lender’s SVR, or remortgage to the best possible deal? It should always be the latter, especially as our research shows that doing so could save you over £2,000 each year. Read More...

Housing market slowdown continues

Updated: 08th June 2017 - First Published: 08th June 2017 Another day, another report to highlight the slowdown in the housing market, with the latest RICS UK Residential Market Survey showing that property enquiries, instructions to sell and subsequent sales all declined during May. Read More...

Offset mortgage rates at record lows

Updated: 07th June 2017 - First Published: 07th June 2017 Savings rates remain low, which means many people could be looking for ways to put their cash to better use. What about an offset mortgage? Given that fixed offset mortgage rates have fallen to record lows, now could be a great time to consider it. Read More...

Six-month review of the mortgage market 2017

Updated: 05th June 2017 - First Published: 05th June 2017 The first half of 2017 has seen competition in the mortgage market ramp up yet again, with providers launching record low mortgage rates across the board. As a result, averages continue to fall, with long-term rates seeing the greatest cuts. Read More...

How much can I borrow for a mortgage?

Updated: 01st June 2017 - First Published: 01st June 2017 We can all get carried away when looking for our dream home sometimes, but if you want that house search to be realistic, you need to know how much you can borrow in order to fund your purchase. So just how much could you get? Read More...

Remortgagors flock to long-term mortgage deals

Updated: 02nd June 2017 - First Published: 31st May 2017 Remortgaging activity is surging ahead, with many homeowners taking advantage of record low mortgage rates to secure lower repayments. However, research identifies another trend, with many remortgagors seeking long-term security in the process. Read More...

Supermarket premium on property prices

Updated: 30th May 2017 - First Published: 30th May 2017 Who wouldn’t want to live within walking distance of a supermarket? While it may not be the best for your waistline, living near a supermarket is certainly beneficial for property values. Indeed, the right supermarket could net over £36,000 extra! Read More...

Aspiring first-time buyers’ costly miscalculations

Updated: 26th May 2017 - First Published: 26th May 2017 New research has found that most aspiring first-time buyers are underestimating how much their mortgage repayments will be compared with their current monthly rental costs, which could prove a costly mistake when hunting for a first home. Read More...

Mortgage war ramps up with lowest tracker rate

Updated: 24th May 2017 - First Published: 24th May 2017 Competition in the mortgage market has been intense for some time, with providers continually looking to lower their rates. Things have just stepped up a notch, too, with the launch of the lowest tracker mortgage rate ever seen! Read More...

More first-time buyers are getting on the ladder

Updated: 18th May 2017 - First Published: 18th May 2017 It’s never easy to take that first step on the housing ladder, but happily, more people seem to be doing just that, with new figures revealing that first-time buyer activity jumped up in March, as growing numbers secured that vital first mortgage. Read More...

Can’t afford a house? Shared ownership could help

Updated: 17th May 2017 - First Published: 17th May 2017 Being able to buy that all-important first home is a huge struggle. But what if there was another way to own bricks and mortar, without needing to stump up the whole deposit yourself? Shared ownership could be the solution. Read More...

Mortgage rates hit new low as availability rises

Updated: 09th May 2017 - First Published: 09th May 2017 Borrowers have been enjoying a fantastic mortgage environment in recent years, and we’ve just hit some new milestones: the number of mortgages available has hit a nine-year high, while average rates have fallen to new lows across the board. Read More...

How much stamp duty will you have to pay?

Updated: 04th May 2017 - First Published: 04th May 2017 Stamp duty is one of the least-enjoyed aspects of buying a new home, with it often requiring buyers to stump up thousands of pounds on top of the purchase price and additional mortgage costs. But how much could you have to pay? Let’s take a look. Read More...

Over-65 mortgage debt set to double

Updated: 03rd May 2017 - First Published: 03rd May 2017 The path of homeownership is changing. No longer is it typical to buy a home in your 20s and pay it off by 60 – entering retirement without a mortgage is increasingly unusual, with the mortgage debt of those 65+ set to double in the next few years. Read More...

Raising a deposit still a barrier for first-timers

Updated: 25th April 2017 - First Published: 25th April 2017 First-time buyers have it tough at the moment. Not only are suitable mortgage rates edging up, but raising that all-important deposit is still a significant challenge – so much so that many FTBs have missed out on their dream home. Read More...

Mind the mortgage rate gap

Updated: 24th April 2017 - First Published: 24th April 2017 Average mortgage rates as a whole have been falling fairly consistently in recent years, yet there’s starting to be a divide between lower and higher loan-to-values (LTVs). As a result, the gap between the two has expanded by 0.31% since October. Read More...

Mortgage rate war steps up with lowest ever rate

Updated: 21st April 2017 - First Published: 21st April 2017 Mortgage rates have been hovering at record low territory since last year, with providers still keen to compete and attract new borrowers - and today, Yorkshire Building Society has launched the lowest mortgage rate ever available. Read More...

Sharp rise in remortgaging activity

Updated: 20th April 2017 - First Published: 20th April 2017 Remortgaging activity has been surging ahead in recent months, driven by record low mortgage rates and house price rises, which have helped homeowners save huge amounts on repayments - so it’s little wonder that another report has revealed a boost. Read More...

Happy Mortgage Freedom Day!

Updated: 19th April 2017 - First Published: 19th April 2017 Research from Halifax shows that today, 19 April, is this year’s UK Mortgage Freedom Day – the day when new borrowers will have earned enough to pay off the annual cost of their mortgage. So, are you celebrating? Read More...

First-time buyer mortgage rates jump up 0.25%

Updated: 10th April 2017 - First Published: 10th April 2017 It looks as though the tide of continually falling mortgage rates could be turning, particularly for first-time buyers, with our latest research showing that the average rate at 95% loan-to-value (LTV) has risen by a whopping 0.25% since January. Read More...

Could Generation Rent turn into Generation Buy?

Updated: 05th April 2017 - First Published: 05th April 2017 It may be difficult for first-time buyers to take that first step, but that doesn’t mean they’re giving up hope – indeed, their homeownership ambitions remain heightened, which means today’s Generation Rent could be tomorrow’s Generation Buy. Read More...

Beat inflation by fixing your mortgage for 5 years

Updated: 03rd April 2017 - First Published: 03rd April 2017 As inflation starts to bite and the cost of everyday goods rises, many people are looking for ways to reduce their outgoings – fixing your mortgage rate for five years could be a great place to start, particularly as mortgage rates are falling. Read More...

Bank of Mum and Dad vital to first-time buyers

Updated: 29th March 2017 - First Published: 29th March 2017 It could be tough trying to get on the housing ladder. Being able to save a deposit and secure that vital first mortgage is the biggest hurdle, and it's little wonder that so many first-time buyers rely on the Bank of Mum and Dad to help. Read More...

On your SVR? You’re paying £2,600/year too much

Updated: 22nd March 2017 - First Published: 22nd March 2017 Many of those coming to the end of a fixed mortgage term revert to their lender’s SVR, and in doing so pay thousands of pounds too much - you could find far better rates, and lower repayments, by comparing mortgages instead. Read More...

Is your credit rating good enough for a mortgage?

Updated: 08th June 2017 - First Published: 15th March 2017 After years of saving for a deposit, months of hunting for the dream home and countless hours spent searching for the perfect mortgage, there is still one major hurdle to get over in the quest for homeownership - a good credit history. Read More...

Top 5 mortgages for first-time buyers

Updated: 14th March 2017 - First Published: 14th March 2017 Taking that first step on the housing ladder can be tricky, not least because of the deposit requirements, and that’s before we even get to choosing the right mortgage. We’re here to help, so read on for the top mortgages for first-time buyers... Read More...

Does a larger deposit always equal a better rate?

Updated: 13th March 2017 - First Published: 13th March 2017 Whether you’re trying to get on or move up the housing ladder, saving a suitable deposit is key. Indeed, moving down the loan-to-value (LTV) scale is often touted as the best way to secure a lower mortgage rate, yet it may not be that simple... Read More...

5-year mortgage rate rises – here’s how to beat it

Updated: 09th March 2017 - First Published: 09th March 2017 Years of mortgage rates falling to record lows means borrowers have never had it better, but unfortunately, the average five-year rate has risen for the first time in 18 months - so if you’re thinking of taking the plunge, you may want to be quick. Read More...

Motivation to remortgage hits 8-year high

Updated: 06th March 2017 - First Published: 06th March 2017 When you’re coming to the end of a fixed rate mortgage term, you can either choose to revert to your lender's SVR or remortgage to another fixed (or variable) rate deal. Our latest figures show that the latter is becoming increasingly worthwhile. Read More...

Bank of Gran and Grandad to the rescue for FTBs

Updated: 06th March 2017 - First Published: 06th March 2017 Getting onto the housing ladder is becoming increasingly difficult for would-be buyers. While many have turned to the Bank of Mum and Dad in years gone by, it seems that there’s a new financial institution in town: the Bank of Gran and Grandad. Read More...

Housing market confidence continues

Updated: 02nd March 2017 - First Published: 02nd March 2017 The vast majority of homeowners remain confident in the state of the house market, despite recent uncertainty following the Brexit vote, with positivity being the order of the day. Is it time to take advantage? Read More...

Calls to reform stamp duty to help first-timers

Updated: 02nd March 2017 - First Published: 02nd March 2017 We all know how difficult it can be to take that first step on the ladder, and there are calls for more to be done to help would-be buyers do just that, with rising house prices – and resulting stamp duty costs – making it a whole lot harder. Read More...

Poor credit scores impact homeownership dreams

Updated: 28th February 2017 - First Published: 28th February 2017 If you’re dreaming of buying your home, building up your deposit fund will probably be high on the list of priorities – but what about building your credit score? This is where a lot of would-be homeowners fall down. Read More...

Would-be buyers struggle to get on the ladder

Updated: 24th February 2017 - First Published: 24th February 2017 We all know how difficult it can be to get on the property ladder, but new figures have brought that into sharp focus, with many neighbourhoods across the country completely off-limits to first-time buyers. Read More...

Properties around parks cost 90.4% more

Updated: 22nd February 2017 - First Published: 22nd February 2017 Living near a park is often on the priority list for house hunters in the city, especially those with small children, but those park-side properties can come with a pretty hefty premium, costing an impressive 90.4% more on average. Read More...

First-time buyer market ready for spring

Updated: 22nd February 2017 - First Published: 21st February 2017 Prospective first-time buyers are getting poised to start house-hunting as spring nears. Happily, our latest research shows that the number of available mortgage deals is still going up, and rates remain lower than years gone by. Read More...

People more likely to switch energy than mortgage

Updated: 15th February 2017 - First Published: 15th February 2017 When you come to the end of a fixed mortgage deal, do you revert to an SVR, or remortgage to another fixed rate? Ideally it should be the latter, yet people are far more likely to switch energy provider than mortgage deal, despite the savings. Read More...

Demand from first-time buyers still going strong

Updated: 14th February 2017 - First Published: 14th February 2017 The Help to Buy mortgage guarantee scheme may have come to an end, but that hasn’t dampened activity among first-time buyers. Instead, demand seems to be escalating, with figures revealing a definite spike for high LTV mortgages in January. Read More...

Boost in first-time buyer activity

Updated: 10th February 2017 - First Published: 10th February 2017 January saw a jump in the number of first-time buyers making it onto the housing ladder, so it looks as though the lull in landlord activity – brought about by various tax changes – is paying off for those hoping to take their first step. Read More...

Motivation to remortgage highest since 2008

Updated: 10th February 2017 - First Published: 10th February 2017 Mortgage rates may be showing signs of rising, but that shouldn’t deter borrowers, particularly those coming to the end of a two-year term, as our latest figures show that motivation to remortgage has hit its highest level since 2008. Read More...

Fixed mortgage rates edge up – the end of an era?

Updated: 08th February 2017 - First Published: 08th February 2017 The mortgage market has experienced an unprecedented 12 months, but the tide is definitely turning: not only is the variable sector stagnating, but average fixed rates are edging up, suggesting that we could be reaching the end of the record low era. Read More...

Variable mortgage rates stagnate

Updated: 06th February 2017 - First Published: 06th February 2017 Mortgage rates have been on a clear downward spiral in recent years, but the tables could be starting to turn, with our latest figures revealing that variable mortgage rates have stagnated as competition disappears from this sector of the market. Read More...

Mortgage affordability dramatically improved

Updated: 03rd February 2017 - First Published: 03rd February 2017 Low mortgage rates have been a persistent theme in recent years, and happily, this trend has had a welcome side-effect, with mortgage affordability dramatically improving as a result. Read More...

12 days – the perfect time to sell a home

Updated: 01st February 2017 - First Published: 01st February 2017 We all know that the longer it takes to sell something, the lower the price tends to be. With this in mind, it’s no surprise to find that homes sold after 12 days typically achieve more than their asking price. Read More...

Cashback for first-time buyers decreasing

Updated: 30th January 2017 - First Published: 30th January 2017 When looking for that all-important first mortgage, many borrowers will look to the incentives offered as well as the headline rate. Cash rebates can be a great sweetener, yet unfortunately, this kind of incentive is beginning to lose its shine. Read More...

Why do we move home?

Updated: 27th January 2017 - First Published: 27th January 2017 Whether you find moving home exciting, stressful or a combination of the above, it’s a regular occurrence for many. But why do we do it? eMoov.co.uk has taken a look, and it seems that family factors are by far the biggest influence. Read More...

Building societies winning the mortgage rate war

Updated: 23rd January 2017 - First Published: 23rd January 2017 Competition is fierce in the mortgage market, and borrowers may assume that the rates from banks will be significantly lower than those elsewhere. However, things aren’t as they seem, as building societies are the winners of the mortgage rate war. Read More...

Homemover numbers fall for first time since 2011

Updated: 20th January 2017 - First Published: 20th January 2017 The mortgage market enjoyed a record year in 2016, so it may come as a surprise to hear that the number of people moving home has fallen for the first time in five years, with fewer apparently taking advantage of the market. Read More...

2016: the best year for remortgaging since 2009

Updated: 19th January 2017 - First Published: 19th January 2017 Remortgaging has certainly seen a surge in activity of late, helped in no small part by the dramatic drop in mortgage rates over the last year, so much so that 2016 as a whole proved to be the best year for the sector since 2009. Read More...

Homeowners underestimate remortgaging savings

Updated: 12th January 2017 - First Published: 12th January 2017 Remortgaging has been enjoying a surge in popularity in recent months, and considering how much you could save, it’s a no-brainer! Unfortunately, many fail to realise the extent of potential savings, which could mean too few make the switch. Read More...

Mortgage rates at fresh lows – but it may not last

Updated: 12th January 2017 - First Published: 12th January 2017 Average fixed mortgage rates continued to fall this month, however much of this could be a technical adjustment rather than an indication of ongoing rate cuts – which means it may be worth switching to a new fixed rate deal sooner rather than later. Read More...

10-year fixed mortgage market flourishes

Updated: 11th January 2017 - First Published: 10th January 2017 Given upcoming negotiations on the UK’s relationship with the EU, we are expected to have some uncertain times ahead. As a result, many borrowers will be seeking long-term mortgage repayment security, and happily, the 10-year market is flourishing. Read More...

The true cost of downsizing

Updated: 11th January 2017 - First Published: 06th January 2017 Downsizing may be a way to free up cash once the kids have flown the nest, but it’s easy to forget that it still costs a fair amount to pull off – an average of £17,843, in fact. Read More...

Demand for 95% LTV mortgages remains strong

Updated: 11th January 2017 - First Published: 05th January 2017 The Help to Buy Mortgage Guarantee scheme may have come to an end last week, but that doesn’t mean demand for high loan-to-value (LTV) mortgages is going to disappear anytime soon. Read More...

House price growth expected to slow

Updated: 28th December 2016 - First Published: 28th December 2016 UK house prices will continue to rise in 2017 but at a much slower rate. Read More...

The end of low mortgage rates?

Updated: 15th December 2016 - First Published: 15th December 2016 Base rate may still be at a record low of 0.25% and mortgage rates at equally as low levels, but are the days of cut-price mortgages coming to an end? Unfortunately, it looks as though this could be the case... Read More...

Help to Buy withdrawal won’t doom FTB sector

Updated: 14th December 2016 - First Published: 14th December 2016 The Help to Buy Mortgage Guarantee scheme will soon come to an end, and there had been fears that its withdrawal would impact the first-time buyer mortgage sector. However, our latest figures reveal that this may not be the case... Read More...

Mortgage competition ramped up in 2016

Updated: 12th December 2016 - First Published: 12th December 2016 It’s been a great year for the mortgage market, with average rates consistently hitting record lows while product choice ramped up, offering the ideal combination. We’ve taken a closer look to see just how impressive this competition has been. Read More...

The time is now for remortgaging

Updated: 09th December 2016 - First Published: 09th December 2016 Mortgage borrowers have been urged to review their existing deals after it was revealed that remortgage opportunities continue to flourish in the post-Brexit vote world. Read More...

Goodbye to the Help to Buy Guarantee

Updated: 05th December 2016 - First Published: 05th December 2016 On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market. It’s certainly done wonders for the high loan-to-value sector, so we thought we’d take a closer look at the significance of the scheme and the effect it’s had. Read More...

Remortgaging bounces back

Updated: 30th November 2016 - First Published: 30th November 2016 Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances. Read More...

Bank of Mum and Dad holds the (house) key

Updated: 29th November 2016 - First Published: 29th November 2016 The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one. Read More...

Fee-free mortgages on the rise

Updated: 29th November 2016 - First Published: 29th November 2016 Mortgage rates may be at record lows, but for some people, the extra costs associated can make switching deals a financial impossibility. It’ll come as welcome news, then, that the number of fee-free deals has more than doubled over the past year! Read More...

London property now 14x earnings

Updated: 25th November 2016 - First Published: 25th November 2016 The Autumn Statement may have promised support for more affordable housing, but as it stands we are still confronted by house prices that are 6.5 times the average wage across the UK, with a whopping 14.1 price to earnings ratio in London. Read More...

Brits more likely to switch energy than mortgage

Updated: 24th November 2016 - First Published: 24th November 2016 When was the last time you switched mortgage? Chances are, it was a while ago – consumers are more than twice as likely to switch energy tariff than mortgage deal, despite the fact that savings from the former can add up to thousands of pounds. Read More...

Would you give up luxuries to buy your dream home?

Updated: 23rd November 2016 - First Published: 23rd November 2016 Saving up for your dream home can seem like an impossible task, with many having to make sacrifices to reach their goal. However, some are reluctant, with research revealing the little luxuries that would-be buyers aren’t prepared to give up. Read More...

Top tips for selling your home in winter

Updated: 22nd November 2016 - First Published: 22nd November 2016 The housing market is renowned for being quieter in winter, as the cold and short days encourage many sellers to postpone putting their house on the market until spring. But that doesn’t mean that there aren’t any buyers looking for a home! Read More...

Average five-year mortgage rate falls below 3%

Updated: 14th November 2016 - First Published: 14th November 2016 Homeowners have been able to reap the rewards of falling mortgage rates over the last few years, and it isn’t just the two-year sector that’s benefiting, with figures showing that the average five-year deal has fallen below 3.00% for the first time. Read More...

House price confidence takes a hit

Updated: 14th November 2016 - First Published: 14th November 2016 Many of us have been used to continued house price rises, but it can’t be denied that the pace of growth has been slowing in recent months. As such, some people are questioning whether the price of their home will be higher in a year’s time. Read More...

Save £££ on your mortgage with record low rates

Updated: 09th November 2016 - First Published: 09th November 2016 Fixed mortgage rates have been on a downward spiral for years, but they’ve been falling particularly quickly in recent months and have hit record lows yet again, which means you have the potential to save huge amounts of cash with the right deal. Read More...

Number of 90% LTV mortgages highest since 2008

Updated: 08th November 2016 - First Published: 07th November 2016 First-time buyers depend on having a healthy supply of suitable mortgages available to help them take that all-important first step on the ladder. Happily, our latest figures reveal that they still have plenty of deals to choose from... Read More...

Homeowners flock to fixed rate mortgages

Updated: 02nd November 2016 - First Published: 02nd November 2016 There’s nothing better than being able to reduce your monthly outgoings, and the current low rate environment means now’s a great time to take advantage – and it seems that many homeowners are doing just that. Read More...

Halloween horrors that put people off a home

Updated: 27th October 2016 - First Published: 27th October 2016 Halloween is just around the corner, and many people will be getting their homes ready for a night of spooky fun. However, if you’re trying to sell your home, there are some real-life horrors that could put people off… Read More...

Londoners could be saving for a century to buy

Updated: 26th October 2016 - First Published: 26th October 2016 We all know how expensive property can be in London and how tricky it is to get on the ladder, but the figures could still come as a shock, with a study finding it could take more than a century for the typical Londoner to save a deposit. Read More...

85% of remortgagors benefit from lower rates

Updated: 25th October 2016 - First Published: 25th October 2016 Mortgage rates are among the lowest ever recorded, and in the case of fixed rates, they just keep falling! This means it’s never been cheaper to fix your mortgage rate for the long term, and unsurprisingly, remortgagors are taking advantage. Read More...

Does your mortgage lender owe you money?

Updated: 21st October 2016 - First Published: 21st October 2016 Earlier this week, the financial watchdog revealed that hundreds of thousands of mortgage holders could have been overcharged by their lender. Are you one of the many who could be in line for a windfall? Read More...

Do you think your home will rise in value?

Updated: 20th October 2016 - First Published: 20th October 2016 There’s been a lot of talk recently about the rate of house price growth slowing, but is it affecting your personal expectations? According to research, it could be, with fewer people now expecting the value of their property to increase. Read More...

Confidence among “second steppers” is on the rise

Updated: 19th October 2016 - First Published: 19th October 2016 We all know how difficult it can be taking that first step on the ladder, but what about the second step? In many cases, getting onto the next rung can be just as challenging, but happily, confidence among this cohort appears to be on the rise. Read More...

Mortgage arrears on the rise

Updated: 13th October 2016 - First Published: 13th October 2016 Mortgage arrears had been falling for several years, driven by low mortgage rates and improved affordability – but unfortunately, that’s come to an end, with cases of mortgage arrears having now risen for the second quarter in a row. Read More...

Average house prices are now 8x the average wage

Updated: 13th October 2016 - First Published: 13th October 2016 House price growth may be showing signs of slowing down, but it can’t be denied that they’re still on the up – yet wages aren’t exactly keeping pace. As a result, the average price of a home in the UK is now eight times the average wage. Read More...

Lenders aren’t passing on base rate cuts

Updated: 12th October 2016 - First Published: 12th October 2016 Two months on from the base rate cut on 4 August, many will assume that the full effects should now be visible. However, some lenders have been wholly unresponsive to the base rate change, with many failing to pass on the full cut. Read More...

NEWSFLASH: Variable mortgage rates are rising

Updated: 11th October 2016 - First Published: 11th October 2016 The cut to base rate was expected to herald a dramatic fall in mortgages rates, and while that appeared to be happening for a time, we’ve got some bad news – variable mortgage rates have risen significantly, cancelling out the “base rate effect”. Read More...

House price growth slows to three-year low

Updated: 10th October 2016 - First Published: 10th October 2016 Those who hoped that voting to leave the EU would lead to lower house prices may be getting their wish, with the latest research showing that annual house price growth has fallen to its lowest level in over three years. Read More...

Interest-only mortgages become a ticking time bomb

Updated: 05th October 2016 - First Published: 05th October 2016 Interest-only mortgages can often seem appealing at first glance. You’ll of course have to repay the full mortgage eventually, but that’s years away, right? Well, for many interest-only borrowers, the deadline is closer than they’d like. Read More...

Offset mortgage: a saviour for savers?

Updated: 04th October 2016 - First Published: 04th October 2016 As savings rates continue to fall, savers with a mortgage may find solace in the offset mortgage, which combines their mortgage with their savings and is currently experiencing record low rates. Read More...

What will the end of Help to Buy mean for you?

Updated: 30th September 2016 - First Published: 30th September 2016 The Government has confirmed that the Help to Buy mortgage guarantee scheme will close at the end of the year, bringing an end to three years of Government support for first-time buyers. But will it have an impact on your homeownership aspirations? Read More...

Remortgage surge continues as rates fall further

Updated: 28th September 2016 - First Published: 28th September 2016 Remortgaging activity has seen a definite spike in recent months, so much so that the number of remortgaging transactions has risen to the highest level seen in over seven years! Read More...

Would you team up to buy your dream home?

Updated: 27th September 2016 - First Published: 27th September 2016 It can’t be denied that getting on the housing ladder is a struggle, and as a result, many people are teaming up with friends and family to help make their homeownership dreams a reality. Read More...

Could you save £500/month by remortgaging?

Updated: 26th September 2016 - First Published: 26th September 2016 The drop in mortgage rates has been helping homebuyers of all kinds in recent months, but arguably, it’s remortgagors who could reap the greatest rewards – and research from LMS reveals just how much they’re benefiting. Read More...

Cost of moving on the rise

Updated: 19th September 2016 - First Published: 19th September 2016 We all know that moving home can be an expensive business, and unfortunately, the costs involved are rising at a rapid pace – which means many could delay moving for much longer than they’d initially planned. Read More...

Base rate cut sees mortgage rates plummet

Updated: 15th September 2016 - First Published: 15th September 2016 The base rate cut has had an understandably swift impact on variable mortgage rates, with our latest figures showing that the average plummeted to a fresh low just weeks after the announcement was made. But is everything as it seems? Read More...

Have you had to delay your moving plans?

Updated: 14th September 2016 - First Published: 14th September 2016 Many people will take a few steps on the ladder before they find their “forever home”, yet some may find they need to stay longer on certain rungs than they’d like. Read More...

Momentum to switch mortgages hits six-month low

Updated: 12th September 2016 - First Published: 12th September 2016 Much has been said about the boost in remortgaging, yet at its most basic level, motivation to switch has hit a six-month low – suggesting other factors at play. Read More...

Difficult times ahead for first-time buyers

Updated: 12th September 2016 - First Published: 12th September 2016 Many first-time buyers would have hoped that the prediction of Brexit leading to house prices falling would come to fruition, giving them a better chance of getting a foothold on the housing ladder. Unfortunately, the opposite could be occurring... Read More...

House price growth slows to 3-yr low

Updated: 08th September 2016 - First Published: 08th September 2016 There was widespread concern that a vote for Brexit could see house prices plummet, and while such a downturn hasn’t yet been apparent, there’s a definite softening in the air. Read More...

Parents will pay more to live near a top school

Updated: 05th September 2016 - First Published: 05th September 2016 As the summer holidays draw to a close and a lot of us are returning to the routine of the school run, many parents may be wishing they lived closer to their child’s school. New research from Lloyds Bank, however, has revealed that this has a cost. Read More...

Homeowners are becoming more optimistic

Updated: 05th September 2016 - First Published: 05th September 2016 There’s no denying that getting that first foothold on the housing ladder is a difficult task, but that may only be half the battle - taking the next steps can be just as tricky, yet happily, homeowners are becoming more optimistic. Read More...

The post-Brexit remortgaging rush

Updated: 02nd September 2016 - First Published: 02nd September 2016 Remortgaging has enjoyed a surge of activity of late, helped in no small part by plummeting mortgage rates and a keen desire to avoid uncertainty. In fact, July saw the strongest remortgage lending total for almost eight years! Read More...

Mortgages – a month on from base rate

Updated: 01st September 2016 - First Published: 01st September 2016 We are now one month on from the Bank of England’s decision to cut the base rate. Given that there hasn’t been a cut in many years, it's interesting to see how the mortgage market responded; our research shows that it’s been a very mixed bag. Read More...

Remortgagors benefit from record low rates

Updated: 26th August 2016 - First Published: 26th August 2016 It’s a great time to be a homeowner! Not only can you benefit from rising house prices to boost the value of equity, but thanks to record low rates, it’s never been cheaper to have a mortgage. And remortgagors in particular are taking advantage… Read More...

First-time buyer deals begin to dwindle

Updated: 23rd August 2016 - First Published: 23rd August 2016 Given that some have been predicting a fall in house prices following the EU referendum vote, many potential first-time buyers will be poised to take advantage. However, they may be disappointed, as the number of suitable deals available is falling. Read More...

Would you go over budget for the perfect home?

Updated: 22nd August 2016 - First Published: 22nd August 2016 When you’re looking for that perfect home, it can be easy to be swayed into spending more than you were planning to. After all, it’s often difficult to find a property that ticks all the boxes, but just how far over budget are you prepared to go? Read More...

London property prices set to stay “on track”

Updated: 19th August 2016 - First Published: 19th August 2016 The night tube service is set to start this weekend, with services on the Central and Victoria lines pulling all-nighters. But what kind of impact will this have on property prices in the area? Online estate agent eMoov.co.uk has taken a closer look. Read More...

Average two-year tracker rate breaks 2% barrier

Updated: 16th August 2016 - First Published: 16th August 2016 Over a week has passed since base rate dropped to 0.25%, and it’s had a swift impact on the mortgage market: activity has seen a definite spike, resulting in the average two-year tracker rate breaking through the 2% barrier for the first time. Read More...

FTBs enjoying mortgage boost

Updated: 12th August 2016 - First Published: 12th August 2016 More mortgages were approved for first-time buyers in June than in any month since August 2007, according to the latest data from mortgage lenders. Read More...

House price growth stalls

Updated: 08th August 2016 - First Published: 08th August 2016 There was widespread concern that a vote to leave the EU could lead to a fall in house prices, and the latest figures from Halifax provide the first hint that this could be the case. Read More...

Take advantage of the fee-free mortgage boost

Updated: 13th December 2016 - First Published: 02nd August 2016 With just over 3,500 mortgage deals on the market, it can be confusing for borrowers to work out the right option. However, the number of deals without a fee has increased significantly in recent years, so a cost-effective deal may be easier to find. Read More...

The supermarket bonus on house prices

Updated: 26th July 2016 - First Published: 26th July 2016 We all know there are certain things that can increase the value of a property, and location is definitely one of them. But did you know that this can extend to the location of your local supermarket? Read More...

First-time buyer numbers “remain strong”

Updated: 25th July 2016 - First Published: 25th July 2016 The continued rise of house prices has no doubt made it difficult for first-time buyers to take that all-important first step, but happily, many appear to be taking the plunge. Read More...

Six-month review of the mortgage market

Updated: 25th July 2016 - First Published: 25th July 2016 Following our recent look at the savings market over the last six months, we thought we’d take the opportunity to perform the same analysis on the mortgage market – and unlike the savings sector, it’s all been positive for consumers. Read More...

Property prices are still on track

Updated: 14th July 2016 - First Published: 14th July 2016 There had been concerns that a vote for Brexit would cause house prices to plummet, but it seems that, for the time being at least, prices are still holding their own in the property sector. Read More...

Mortgage rates fall as hint of certainty returns

Updated: 13th July 2016 - First Published: 13th July 2016 The events of recent weeks have had a definite impact on the mortgage market, and it looks like it could be positive for borrowers, as average rates have fallen once again. Read More...

Widening gulf between renting and buying

Updated: 08th July 2016 - First Published: 08th July 2016 It’s been an accepted truth for a while now that buying is cheaper than renting, but new figures from AM Trust International show just how far that gulf is widening. First-time buyers, it could pay to build up that deposit… Read More...

Would you fix your mortgage for 10 years?

Updated: 07th July 2016 - First Published: 07th July 2016 We all like to have a bit of stability when it comes to our outgoings, and having a fixed rate mortgage can be a great way to achieve that. But would you fix your mortgage for 10 years? According to research from HSBC, many people would. Read More...

Growing concerns over interest-only mortgages

Updated: 04th July 2016 - First Published: 04th July 2016 Interest-only mortgages have come under fire in recent years, but those who still have them are facing a particularly difficult time ahead – especially those who are dealing with the prospect of retiring while still in debt. Read More...

Are you mortgage-ready?

Updated: 01st July 2016 - First Published: 01st July 2016 There’s more to applying for a mortgage than finding the right deal and hoping for the best. Not only do you need to have a suitable deposit, but you need a decent credit score, too, and unfortunately, far too few people realise it. Read More...

It costs first-timers more than ever to buy a home

Updated: 01st July 2016 - First Published: 01st July 2016 Taking that first step on the ladder has always been difficult, but it seems that it’s becoming even more of an impossible task at present, with new figures showing that the price of a typical first-time buyer home has hit the highest ever level. Read More...

Remortgaging activity in May surges to 8-yr high

Updated: 30th June 2016 - First Published: 30th June 2016 Last month was the best May for remortgaging since 2008, new figures from LMS show, due to an increasing number of homeowners taking advantage of the competitive mortgage market to secure a brand new deal. Read More...

Housing demand at three-year low

Updated: 29th June 2016 - First Published: 29th June 2016 Demand for housing has been surging ahead in recent years, as buyers look to take the plunge amid a positive market with strong house price growth and record low mortgage rates. But is the tide starting to turn? Read More...

House price growth in major cities surges ahead

Updated: 28th June 2016 - First Published: 28th June 2016 We all know how rapidly house prices have risen in recent years, but some areas experience far greater levels of house price growth than others, and perhaps understandably, the bulk of that growth tends to occur in major UK cities. Read More...

Mortgage cashback in decline

Updated: 27th June 2016 - First Published: 27th June 2016 Cash rebates were once a great way for providers to stand out in the highly competitive mortgage market, but unfortunately, our latest figures show that such deals are now becoming few and far between. Read More...

What does the future hold for the mortgage market?

Updated: 27th June 2016 - First Published: 27th June 2016 The mortgage market has been plunged into a period of intense uncertainty, and while new figures from the CML show that mortgage lending still saw a slight uptick in May, the market’s full of speculation over where it’ll go next… Read More...

Move over banks, mutuals offer borrowers top deals

Updated: 27th November 2017 - First Published: 21st June 2016 Many banks have taken advantage of the Funding for Lending scheme to fund their mortgage books in recent years, and it may be assumed that mortgage rates from these providers would be lower as a result - but in fact mutuals are the clear winners. Read More...

Remortgage and take advantage of low rates

Updated: 20th June 2016 - First Published: 20th June 2016 Are you coming to the end of a fixed rate mortgage term? If so, it’s time to consider your options, and remortgaging to a new low-cost fixed rate deal could be just the thing – which could explain why so many people are taking the plunge. Read More...

One in five London homes worth £1m+

Updated: 17th June 2016 - First Published: 17th June 2016 We all know how difficult it can be to buy property in London. Prices in the capital are far higher than anywhere else in the country, and in fact, new research has found that a fifth of London’s homes are worth more than £1m. Read More...

Remortgaging bucks trend as BTL lending plummets

Updated: 16th June 2016 - First Published: 16th June 2016 House purchase lending soared at the beginning of the year, but this level of activity has dramatically fallen now that the stamp duty surcharge is in place. Except in the remortgage sector, that is… Read More...

Mortgage rates surge to seven-month high

Updated: 16th June 2016 - First Published: 15th June 2016 The mortgage market and economy as a whole are undergoing a period of intense uncertainty at present, and this has had a knock-on effect on mortgage rates, with our figures showing that the average two-year fixed rate has risen to a seven-month high. Read More...

Inflation stays put, but savings cuts continue

Updated: 14th June 2016 - First Published: 14th June 2016 Figures from the ONS show that inflation remained at 0.3% in May, unchanged from April, and marking the fifth month of the year so far that the measure of CPI has been at this level. But, this hasn't stopped the onslaught of rate cuts... Read More...

Mortgages – the two-year fixed rate gamble

Updated: 13th June 2016 - First Published: 13th June 2016 Fixed rate mortgages have become increasingly competitive in recent years, but rates cannot stay at their record lows forever - so are buyers right to continue to gamble on a short-term mortgage instead of a five-year fix? Read More...

House price growth remains stable

Updated: 07th June 2016 - First Published: 07th June 2016 If you’re concerned about the ongoing march of house prices, we have a bit of good news – prices are still rising, but the pace of growth remains unchanged from last month, with figures from Halifax showing tentative signs of market stabilisation. Read More...

Is house price growth starting to slow?

Updated: 02nd June 2016 - First Published: 01st June 2016 Rising house prices affect different people in different ways, but the fact that house price growth appears to be slowing will come as welcome news to would-be buyers. Read More...

Would you buy a project property?

Updated: 31st May 2016 - First Published: 31st May 2016 Buying a property that needs a bit of TLC (or a complete overhaul) is a great way to cut down the upfront cost of buying, and it seems as though more and more of us are prepared to get our hands dirty to make a property ‘perfect’. Read More...

Six months to go before the end of Help to Buy 2

Updated: 31st May 2016 - First Published: 31st May 2016 Since the introduction of the Help to Buy Mortgage Guarantee Scheme in October 2013, the market for high loan-to-value mortgages has been well and truly shaken up, with the number of such mortgages increasing considerably and rates notably dropping. Read More...

First-time buyer sales at near two-year high

Updated: 31st May 2016 - First Published: 31st May 2016 It’s notoriously difficult for first-time buyers to take that first step on the ladder, but happily, it looks as though an increasing number are able to get over that first hurdle, with FTB sales in April being the highest seen in almost two years. Read More...

Would you move in with your parents?

Updated: 27th May 2016 - First Published: 27th May 2016 As house prices continue to climb, the pressure to build a deposit is getting even heavier. As a result, first-time buyers are exploring every avenue to make their money work harder - including moving back in with their parents. Read More...

London becoming even more unaffordable

Updated: 26th May 2016 - First Published: 26th May 2016 Being a homeowner is an aspiration that’s becoming increasingly out of reach for many, but those in London could find that the dream is even further away from reality, with the price of an average home in the capital exceeding half a million pounds. Read More...

Quicker mortgage switching could be on the cards

Updated: 26th May 2016 - First Published: 26th May 2016 Would you like to switch mortgages as quickly as you can change bank accounts? Well, that may soon be an option, as the Government is currently consulting on plans to implement seven-day mortgage switching to offer a better service to borrowers. Read More...

Mind the gap! High-LTV mortgages get cheaper

Updated: 25th May 2016 - First Published: 23rd May 2016 Are you looking to buy your first home, or want to move up the ladder but don’t have much equity? Well, you’re in luck! Heightened competition in the market has given those with smaller deposits a boost, as product numbers rise and rates drop. Read More...

Challenges to buying a first home revealed

Updated: 18th May 2016 - First Published: 18th May 2016 We all know how difficult it can be to take that all-important first step on the ladder, but new research has delved a little deeper to highlight the challenges that renters face in their quest to become homeowners. Read More...

The future of house prices – the £0.5m home?

Updated: 17th May 2016 - First Published: 17th May 2016 House prices are showing no signs of slowing down, as evidenced by the latest ONS House Price Index which shows that UK house prices rose by 9.0% in the year to March 2016. The question is, what if prices continue on this path for the long term? Read More...

Repossessions at record low

Updated: 12th May 2016 - First Published: 12th May 2016 Repossessions in the first quarter of this year have hit a record low, revealed the latest report from the Council of Mortgage Lenders (CML), with the total number of repossessions in the first three months of this year standing at just 2,100. Read More...

Slowing competition in the mortgage market

Updated: 11th May 2016 - First Published: 11th May 2016 Over the last few months borrowers have certainly been reaping the rewards of a highly competitive mortgage market. However, new research by Moneyfacts suggests that this intense whirlwind of competition may be losing some of its energy. Read More...

Watch out for mortgage fees!

Updated: 09th May 2016 - First Published: 09th May 2016 Choosing a mortgage can be a complex business, but while it may seem like a sensible idea to opt for the deal with the lowest headline rate, you may end up paying more upfront in mortgage fees. Worse still, these fees are on the rise. Read More...

Annual house prices soften – and discounts rise

Updated: 09th May 2016 - First Published: 09th May 2016 According to the latest figures from the Halifax House Price Index, house price rises have softened year-on-year, while other research from Zoopla has highlighted a noticeable increase in the size of asking price reductions. Read More...

Surge in remortgaging activity

Updated: 09th May 2016 - First Published: 06th May 2016 At this time of year, activity in the mortgage market typically enjoys a seasonal lull, yet latest figures show that this year’s slowdown isn’t as significant as it usually is, with remortgaging activity thought to be the reason. Read More...

Tracker mortgage rates rise as demand falls

Updated: 04th May 2016 - First Published: 04th May 2016 Base rate has now been on hold for seven years, so it would be fair to assume that variable rate tracker mortgages have also remained static. However, this isn't the case, with average tracker rates having risen notably in the last six months. Read More...

The Bank of Mum & Dad lends £5bn each year

Updated: 03rd May 2016 - First Published: 03rd May 2016 Getting onto the property ladder can be difficult, so it’s no wonder that so many would-be buyers turn to their parents for help. As a result, the Bank of Mum & Dad is turning into a significant lender, with parents set to lend £5bn this year. Read More...

Homes becoming unaffordable for FTBs

Updated: 29th April 2016 - First Published: 29th April 2016 While house price rises may be welcome for owners looking to build equity in their home, it won't be such good news for first-time buyers, with homes becoming increasingly unaffordable for this sector of the market. Read More...

Mortgage borrowing soars yr-on-yr

Updated: 26th April 2016 - First Published: 26th April 2016 New figures released by the BBA (British Bankers’ Association) show that gross mortgage borrowing soared to dramatic heights in March following the scramble by buy-to-let and second home purchasers in the run-up to the April stamp duty changes. Read More...

The barriers affecting homeownership revealed

Updated: 26th April 2016 - First Published: 26th April 2016 Getting on the property ladder can be tricky. To that end, a new study by Tiles Direct has taken a closer look at the issues affecting wannabe buyers, and the key barriers they encounter as they struggle to take that first step. Read More...

Future looks bright for first-time buyers

Updated: 25th April 2016 - First Published: 25th April 2016 It’s always a challenge to take that first step on the housing ladder, but happily, it seems that more first-time buyers are able to take the plunge – and thanks to the expected reduction in interest from landlords, things could get even better. Read More...

House sales surged to beat stamp duty hike

Updated: 22nd April 2016 - First Published: 22nd April 2016 The stamp duty hike for additional properties came into force on 1 April, and it had a huge impact in the months beforehand. Landlords were compelled to complete sales before the surcharge came into force, and figures show just how keen they were… Read More...

Homeowners expect house prices to rise further

Updated: 21st April 2016 - First Published: 21st April 2016 Homeowners have been enjoying a surge of house price rises in recent years, and there’s no sign of things slowing down any time soon. As a result, the vast majority of homeowners expect the value of their property to rise further in the months ahead. Read More...

What adds the most value to your home?

Updated: 20th April 2016 - First Published: 20th April 2016 If you’re thinking of selling up, one of the most important aspects to consider will be how to add value to your home. After all, you want to get the best price possible, but how can you do that? Estate agent eMoov.co.uk has taken a look. Read More...

BTL stamp duty triggers price rise chain reaction

Updated: 19th April 2016 - First Published: 19th April 2016 It’s official – according to the latest House Price Index from Rightmove, the average price of a property coming onto the market now stands at a new all-time high of £307,033. But what has propelled this growth? Read More...

London deposits grow as house prices soar

Updated: 18th April 2016 - First Published: 18th April 2016 Buying a home in the capital was always going to be a costly affair, but thanks to prices rising by a staggering 27% in the last three years alone, those looking to buy a home in London are facing a massive deposit-saving challenge. Read More...

Variable mortgage rates continue to rise

Updated: 15th April 2016 - First Published: 15th April 2016 It’s been a turbulent time for the mortgage market, and as such our figures reveal a mixed picture in terms of rates. However, the variable sector is continuing on its upward path, which suggests that the run of record low rates has come to an end. Read More...

House prices rise as sales soar

Updated: 14th April 2016 - First Published: 14th April 2016 Take a look at any estate agent’s website and you’ll no doubt see how high house prices are at the moment. They seem to be on a continual upward spiral, something that’s been confirmed today by figures which show that prices have hit a new record… Read More...

Could a 3-yr mortgage be ‘just right’ for you?

Updated: 05th April 2016 - First Published: 05th April 2016 Deciding how long to fix your mortgage for can be tricky. For this reason, the popularity of three-year, mid-term mortgages is growing. Read More...

North/South house price gap widens

Updated: 01st April 2016 - First Published: 01st April 2016 Average house prices have been rising at a rapid pace in recent years, but sometimes, the national outlook can be misleading, with new research from Nationwide highlighting the extent of variations across the country. Read More...

Do you know the true cost of homeownership?

Updated: 29th March 2016 - First Published: 29th March 2016 Building up that all-important deposit to buy your first home will always be a challenge, but do you know the additional costs you need to think about? They can quickly add up and could mean you’ll need to save far more than you initially thought... Read More...

Flat prices go through the roof

Updated: 29th March 2016 - First Published: 29th March 2016 We all know that house prices have risen rapidly in recent years, but new research from Halifax shows that some property types have seen much faster price rises than others – and flats have outperformed everything. Read More...

The “Waitrose effect” on property prices

Updated: 22nd March 2016 - First Published: 22nd March 2016 There’s something about a Waitrose store that can give the area a definite status boost; a middle class seal of approval, if you will. However, there could be more to it than that, as having a local Waitrose can dramatically improve house prices… Read More...

The rise of the mortgage freebie

Updated: 15th March 2016 - First Published: 15th March 2016 In recent years the mortgage market has become an arena for fierce competition, with providers vying to have the lowest-priced deals on the market - and many have begun to look beyond the headline rate and focus on incentive packages, too. Read More...

Almost half of home-movers plan to downsize

Updated: 15th March 2016 - First Published: 14th March 2016 Are you thinking about moving in the near future? If so, why? It may be assumed that the majority will want to take the next step up the ladder, but research shows that this isn’t actually the case, with the largest proportion wanting to downsize. Read More...

MORTGAGE ALERT: average rates are rising

Updated: 15th March 2016 - First Published: 09th March 2016 Borrowers, we have a bit of unwelcome news for you. The recent period of certainty in the mortgage market appears to have been short-lived, with our latest figures showing that volatility has returned – and it’s pushed average rates up as a result. Read More...

House prices fall month-on-month

Updated: 15th March 2016 - First Published: 04th March 2016 House prices seem to only ever be on the rise, which means that new figures showing that there’s been a slight blip of late could come as welcome news. But how reliable is this kind of measure, and what does it mean for the future of house prices? Read More...

Rising demand from first-time buyers

Updated: 15th March 2016 - First Published: 03rd March 2016 Demand from first-time buyers shows no sign of slowing down, and instead has seen a significant rise year-on-year, with the latest First-Time Buyer Barometer showing that the number of completed first-time buyer sales stood at 27,900 in January. Read More...

Remortgagors aren’t expecting a rate rise

Updated: 15th March 2016 - First Published: 01st March 2016 The threat of a rate rise seems to have been pushed back until at least next year, and it looks as though homeowners are in agreement, with few expecting base rate to head upwards in the foreseeable future. Read More...

Supply of available housing at 14-year low

Updated: 29th February 2016 - First Published: 29th February 2016 If you’re thinking of buying your first home or even moving up the ladder, you may have noticed a distinct lack of houses available for sale, with new research showing that the supply of available housing has hit its lowest level in 14 years. Read More...

Does your home earn more than you?

Updated: 24th February 2016 - First Published: 24th February 2016 House prices have been on a continual upwards spiral in recent years, and research from Halifax has revealed just how much these houses have earned for their owners – and the results may surprise you. Read More...

First-time buyer deals near pre-crash levels

Updated: 15th March 2016 - First Published: 23rd February 2016 In the aftermath of the economic downturn, mortgage availability at 90% and 95% loan-to-value (LTV) became woefully limited, but happily, the tide is turning... Read More...

Home-ownership out of reach for many millennials

Updated: 22nd February 2016 - First Published: 22nd February 2016 Do you have dreams of owning your own home? While it’s the ultimate goal for many, some fear they’ll never be able to achieve it, with a growing number of people expecting to remain off the ladder. Read More...

First-timers are better off buying than renting

Updated: 15th March 2016 - First Published: 19th February 2016 If you’re in rented accommodation, you’ll probably know how difficult it is to save up a deposit to buy your first home. However, a bit of sacrifice could be worth it in the long run, as first-timers could be 10% better off per year by buying... Read More...

Could you become a property millionaire?

Updated: 18th February 2016 - First Published: 18th February 2016 The pace of house price growth means that homeowners are pretty much guaranteed to make money on their properties if they stay there long enough, and even though the pace of growth has slowed slightly, prices are still only going one way – up. Read More...

Mortgage lending rises as price growth slows!

Updated: 15th March 2016 - First Published: 17th February 2016 It’s a great time for the mortgage market at the moment. Not only have average mortgage rates fallen further this month, but new figures reveal positivity in terms of lending growth and price rises, too, so it’s a great time to be a borrower! Read More...

Offset mortgage products at five-year low

Updated: 15th February 2016 - First Published: 15th February 2016 Offset mortgages can be a great way to reduce the size of an outstanding mortgage, particularly for those with a healthy savings pot. However, those hoping to take advantage may be disappointed, as availability has dwindled to a five-year low. Read More...

Stamp duty change doesn’t fuel home moves

Updated: 15th March 2016 - First Published: 12th February 2016 At the end of 2014, stamp duty land tax was reformed in order to make it fairer for those looking to buy a home, and it certainly seems that many have been able to pocket savings. However, it doesn’t appear to have fuelled home moving. Read More...

Confusion over the home buying process

Updated: 10th February 2016 - First Published: 10th February 2016 Do you fully understand the home buying process? According to research from estate agent Tepilo, many people are confused by it, and some even find the whole thing completely unfair. Read More...

Certainty leads to fresh mortgage rate cuts

Updated: 15th March 2016 - First Published: 10th February 2016 Borrowers have been able to enjoy some truly great conditions over the last year or so, and our latest research shows that average mortgage rates have fallen further this month – and much of it is due to certainty in the mortgage market. Read More...

Average mortgage fees at 21-month high

Updated: 08th February 2016 - First Published: 08th February 2016 Competition in the mortgage market has sent the number of products available to new heights, but it's had a similar effect on mortgage fees, with the average now at a 21-month high. Read More...

Boost in valuations activity

Updated: 08th February 2016 - First Published: 05th February 2016 Getting a valuation is a key part of buying a home, and as with just about all other measures of market activity, it appears that things are looking up, with the number of valuations recorded in December seeing a definite boost. Read More...

Boost in house price growth

Updated: 04th February 2016 - First Published: 04th February 2016 House prices only ever seem to be on the rise at the moment, and although last year saw tentative signs that house price growth was slowing slightly, it appears that 2016 has given it a new lease of life, with annual growth seeing a definite boost. Read More...

Remortgage approvals at 7-year high

Updated: 01st November 2017 - First Published: 01st February 2016 The number of mortgages approved saw a definite uptick in December, official figures from the Bank of England reveal, but there’s one clear sector that’s driving the increase – remortgaging. Read More...

A positive property market

Updated: 29th January 2016 - First Published: 29th January 2016 New research from Clydesdale and Yorkshire Banks has highlighted the continued confidence in the UK property market, with half of homeowners surveyed predicting that the value of their property will increase over the next 12 months. Read More...

Boost in first-time buyers

Updated: 28th January 2016 - First Published: 28th January 2016 Last year was incredibly positive for the mortgage market as a whole, and happily, it seems that a key sector was able to benefit – first-time buyers. Read More...

Does the name of your road affect property values?

Updated: 17th May 2017 - First Published: 27th January 2016 We all know the importance of location when choosing a home. Not only do prices vary according to the region, but different parts of the same city can have drastically different prices - and even the street name can have an impact. Read More...

Mortgage rates are falling – so take advantage!

Updated: 25th January 2016 - First Published: 25th January 2016 At the end of last year, rumours about a base rate rise in the near-future reached boiling point, but instead of mortgage rates rising in response, the opposite happened, with rates continuing to fall across LTVs! Read More...

UK homeowners made £524/week last year

Updated: 22nd January 2016 - First Published: 22nd January 2016 We’re all aware of how rapidly house prices are increasing at the moment, but did you know just how much the typical homeowner is earning from their property as a result? Well, it may surprise you… Read More...

Boost in mortgage lending

Updated: 14th January 2016 - First Published: 14th January 2016 The housing market is in pretty good shape with the number of people taking advantage of record low mortgage rates on the rise, and while November’s figures show a dip on a monthly basis, all sectors have seen considerable annual improvements. Read More...

High-LTV mortgage rates continue to fall!

Updated: 12th January 2016 - First Published: 12th January 2016 Taking that first step onto the housing ladder has always been difficult, but the figures suggest that the landscape may have improved slightly in recent months, as high loan-to-value (LTV) mortgage rates have fallen further still! Read More...

First-time buyer sales remain above 300,000

Updated: 11th January 2016 - First Published: 11th January 2016 2015 proved to be a great year for first-time buyers, with the combination of record low mortgage rates, wage growth and rising employment meaning that a huge number of people were able to take that first step, and the future looks just as bright. Read More...

Signs of softening house price growth?

Updated: 07th January 2016 - First Published: 07th January 2016 House prices seem to be on a permanent upwards spiral at present, but there are times when the pace of that growth appears to soften. Halifax’s latest research suggests this very thing, but it doesn't mean that prices will be falling anytime soon... Read More...

First-time buyer sales get a winter boost

Updated: 06th January 2016 - First Published: 06th January 2016 If you’re a first-time buyer, you’ll hopefully be finding the market a little easier at the moment. Not only is there a boost in the number of mortgages available, but affordability is improving, and as a result, sales to new buyers are on the rise. Read More...

The countdown to the end of H2B

Updated: 18th April 2017 - First Published: 05th January 2016 The Help to Buy scheme has been a godsend for many first-time buyers, with the second phase having a profound effect on the mortgage market as a whole. But, with the scheme set to end this year, just what does it mean for borrowers? Read More...

Remortgaging doubled in second half of 2015

Updated: 04th January 2016 - First Published: 04th January 2016 Have you taken the plunge and remortgaged your home in the last six months? If so, you’re not alone, with research showing that remortgaging activity has almost doubled, as borrowers rush to renew their mortgage while rates stay at historic lows. Read More...

North/South divide in house sales

Updated: 31st December 2015 - First Published: 31st December 2015 The south has often asserted itself as the more powerful market in terms of housing, but as sales began to soften over the year a clear north/south divide opened up, with house markets in the north of the country proving to be more resilient. Read More...

House price growth “picks up” in December

Updated: 30th December 2015 - First Published: 30th December 2015 If you thought house prices were continuing to rise, you’d be right – and new figures show that price growth is starting to pick up even further, surging ahead towards the end of the year. Read More...

Mortgage recap of 2015

Updated: 22nd December 2015 - First Published: 22nd December 2015 The year of 2015 will been seen by many as the year of the mortgage: competition increased until it reached boiling point, and as a result, rates plummeted until they reached new all-time lows, so 2015 has certainly been a boom time for borrowers! Read More...

City level house price inflation jumps up

Updated: 21st December 2015 - First Published: 21st December 2015 House price inflation in UK cities has leapt to 10.1% per annum thanks to scarcity of homes and rising demand, according to Hometrack’s latest UK Cities House Price Index, after the second half of 2015 witnessed accelerating house price rises. Read More...

The ultimate Christmas gift – a house deposit

Updated: 18th December 2015 - First Published: 18th December 2015 For many would-be homeowners, the most difficult part of the process is amassing a suitable deposit. However, some will find that their stress will soon be at an end, with their Christmas stocking set to be stuffed full with the ultimate gift. Read More...

Boost your home’s selling potential over Christmas

Updated: 17th December 2015 - First Published: 17th December 2015 At this time of year, selling your home will probably be the last thing on your mind – but if you’ll be looking for a sale in January, now could be a great time to get the ball rolling… Read More...

Are you a property millionaire?

Updated: 17th December 2015 - First Published: 17th December 2015 The rapid pace of house price growth may be unwelcome news to those trying to get on the housing ladder, but at the other end of the scale, it could be having a surprising benefit – namely, that a growing number of people are “property millionaires”. Read More...

Barriers to home ownership are shrinking

Updated: 13th July 2017 - First Published: 09th December 2015 If you’ve been thinking of taking that first step onto the housing ladder, you’ll be pleased to know that barriers to home ownership are actually shrinking! Read More...

Mortgage rates fall – but not all is as it seems

Updated: 20th October 2017 - First Published: 09th December 2015 Competition in the mortgage market is fierce, and our latest figures show that the average two-year fixed mortgage rate has fallen yet again! But, all may not be as it seems, as the market has been skewed by the actions of a single provider... Read More...

Sitting uncomfortably on your SVR? Then remortgage

Updated: 06th June 2017 - First Published: 08th December 2015 Back in 2013, the Funding for Lending Scheme (FLS) caused mortgage rates to drop dramatically and led to a rush in borrowers seeking to fix. But, many are now coming to the end of their fixed terms, which means it could be time to look elsewhere... Read More...

Homeowners save £1.9bn in stamp duty

Updated: 03rd December 2015 - First Published: 03rd December 2015 Last December, a major reform of stamp duty took place which abolished the “slab” style system and made it far more proportional. It was predicted that huge numbers of homebuyers would benefit, and by the looks of things, it’s had the desired effect! Read More...

Mortgage market shows continued growth

Updated: 27th November 2015 - First Published: 27th November 2015 The mortgage market has been recovering nicely for some time, and if recent figures from the British Bankers’ Association are anything to go by, it’s still surging ahead, with mortgage borrowing now at the highest level seen in seven years. Read More...

Remortgaging activity at 6-year high

Updated: 25th November 2015 - First Published: 25th November 2015 It’s been a great few months for the mortgage market, and it would make sense that homeowners currently on their lender’s standard variable rate or approaching the end of a fixed rate deal would consider remortgaging – and it seems to be the case. Read More...

Homeowners could be paying £4K/year too much

Updated: 30th May 2017 - First Published: 19th November 2015 If you’re coming to the end of a fixed term on your mortgage, you may be wondering what to do next. Do you remortgage, or revert to your lender’s SVR? Well, remortgaging will be the way to go, as SVR borrowers pay thousands more than they need... Read More...

Property availability has hit a four-year low

Updated: 13th November 2015 - First Published: 13th November 2015 The lack of affordable homes coming onto the market has not only meant that it’s harder for many to get onto the ladder, but it’s also led to property availability hitting a four-year low – which is why it’s vital to get your finances in check. Read More...

What matters most when selling a property?

Updated: 22nd May 2017 - First Published: 13th November 2015 When you decide to sell your home, it goes without saying that you’ll want to achieve the best price possible. But just how can you achieve that? Well, research has identified the factors that matter most when selling a property... Read More...

MORTGAGE ALERT: Average tracker falls below 2%!

Updated: 11th November 2015 - First Published: 11th November 2015 Average mortgage rates have been hovering around record low levels for some time, but recently, there have been signs that they're starting to rise. Well, things are reversing again, as the average tracker rate has fallen below 2% for the first time! Read More...

The 10-year fixed mortgage gamble

Updated: 23rd August 2017 - First Published: 10th November 2015 We’re facing increasingly uncertain times with regards to base rate, so it’s unsurprising that many are looking for repayment security. Choosing a long-term mortgage could be a great way to achieve that, but it's important to consider the risks, too. Read More...

How will a base rate rise affect you?

Updated: 06th November 2015 - First Published: 06th November 2015 Minutes from the Monetary Policy Committee (MPC) may have put off a rise to the Bank of England base rate for now, but it seems that many UK homeowners are blissfully unaware of what a base rate rise could mean for them and their mortgage payments. Read More...

Housing market remains “volatile”

Updated: 05th November 2015 - First Published: 05th November 2015 In terms of month-on-month price change, the UK housing market has seen a great deal of fluctuation this year. However, according to the latest House Price Index from Halifax, house price growth strengthened once again in October. Read More...

Looking for a mortgage?You could pick up a freebie

Updated: 16th November 2015 - First Published: 03rd November 2015 Over the past couple of years mortgage rates have fallen, which has been great news for borrowers. But now that rates have reached rock bottom, providers have had to come up with more creative ways of being competitive. Read More...

Boost in remortgage lending

Updated: 16th November 2015 - First Published: 28th October 2015 Remortgaging activity is enjoying a significant boost at the moment, with many homeowners looking to capitalise on the hugely competitive mortgage rates available to cut their monthly repayments. Given the benefits, it’s little wonder… Read More...

The frightening true cost of the lowest mortgages

Updated: 16th November 2015 - First Published: 27th October 2015 Think that opting for the lowest rate mortgage is always the cheapest option? You may want to think again, as our latest research shows that you could end up paying far more than you bargained for. Read More...

Do you need help up the housing ladder?

Updated: 16th November 2015 - First Published: 19th October 2015 Getting one foot on the property ladder is often tricky, but once you’ve climbed the first rung moving up the ladder is comparatively easy. Or is it? Read More...

Mortgage rates fall – and it’s driven by high-LTVs

Updated: 16th November 2015 - First Published: 13th October 2015 Following last month’s increase in mortgage rates, it was widely expected that the run of low rates had come to an end. However, the average two-year fixed rate has now fallen back to the level recorded in August, but all may not be as it seems. Read More...

Lending to small deposit holders picks up

Updated: 09th October 2015 - First Published: 09th October 2015 Would-be buyers who have only managed to build up a modest deposit can sometimes find it tricky to secure lending thanks to their higher risk profile. However, things finally seem to be looking up for small deposit holders. Read More...

House price growth “eases”

Updated: 06th October 2015 - First Published: 06th October 2015 House prices only seem to be going one way, but happily, it doesn’t look as though things are unsustainable. Prices may be rising but the pace of growth is easing, with the rate of annual inflation slowing and prices falling on a monthly basis. Read More...

How to attract house buyers

Updated: 18th July 2017 - First Published: 05th October 2015 If you're about to put your home on the market, you'll want to do everything you can to attract buyers – and garner the highest price possible. But just what can you do to achieve that goal? We take a look at the latest research. Read More...

Where do you think house prices will be next year?

Updated: 09th October 2017 - First Published: 05th October 2015 House prices may have shown signs of moderating in recent months, but the question is, where do see them in a year’s time? Halifax has looked into this very question, and most people seem to think there’s still only one way for them to go – up. Read More...

Consumers rush to remortgage

Updated: 30th September 2015 - First Published: 30th September 2015 Remortgaging activity has garnered a huge amount of media coverage recently, and with good reason – the sector is finally experiencing the resurgence it needs, and figures from Yorkshire Building Society provide yet more confirmation of that fact. Read More...

Help to Buy two years on

Updated: 30th September 2015 - First Published: 30th September 2015 The Help to Buy Mortgage Guarantee scheme will soon be celebrating its second birthday, having first launched on 8 October 2013. But just how has the market changed in that time, and have borrowers been able to benefit? We take a closer look. Read More...

Remortgagors: do you fear an interest rate rise?

Updated: 29th September 2015 - First Published: 29th September 2015 The remortgage market has experienced a definite revival of late, with lending in the sector at a four-year high. It seems that people are finally taking advantage and are remortgaging to a low-cost deal, and many are doing so to avoid a rate rise. Read More...

Mortgage borrowing continues to rise

Updated: 25th September 2015 - First Published: 25th September 2015 The mortgage market is enjoying a definite period of recovery at present, with consumer confidence returning and borrowing increasing as a result, and in fact, mortgage lending has just recorded the highest annual increase in seven years! Read More...

Flat price rises have outstripped houses

Updated: 24th September 2015 - First Published: 24th September 2015 Do you own a flat? If so, you could be onto a winner, because research from Halifax has revealed that flat prices have increased in value faster than all other property types over the last decade. Read More...

House prices leap to new national record

Updated: 23rd September 2015 - First Published: 21st September 2015 According to Rightmove’s House Price Index, the average house price in England and Wales in September has shot upwards to hit a new national record of £294,834. Read More...

Remortgagors reap the benefits

Updated: 24th September 2015 - First Published: 21st September 2015 Thinking of remortgaging? You’re picking a great time to do it, because not only can you benefit from more products on the market, but rates are lower than they have been in years. Read More...

Homeownership is out of reach for many

Updated: 18th September 2015 - First Published: 18th September 2015 If you’re currently renting, do you have aspirations to own your own home one day? If so, how long do you think you’ll have to wait? Unfortunately, it could be some time. Read More...

Will you be paying your mortgage in your 70s?

Updated: 12th April 2017 - First Published: 16th September 2015 Do you long for the day you’ll be able to pay off your mortgage? Unfortunately, some people could find that it takes longer than they think, with many finding that their dreams of a debt-free retirement don’t quite match up to reality. Read More...

How will you raise a house deposit?

Updated: 28th June 2017 - First Published: 14th September 2015 If you’re trying to raise a deposit, just how are you going about it? You’ll hopefully be saving religiously, but it’s only by having the right savings vehicle – not to mention the right mindset – that you can be confident about reaching your goal. Read More...

Remortgagors – it’s time to take the plunge!

Updated: 14th September 2015 - First Published: 11th September 2015 Are you coming to the end of a fixed rate mortgage term, or have you been comfortably sitting on your lender’s SVR for a while? Either way, it’s time to take action, because our research shows that there’s now huge incentive to remortgage! Read More...

Borrowers are in the dark about affordability

Updated: 14th September 2015 - First Published: 10th September 2015 If you’re thinking of buying your first home, do you know all the hurdles you need to get over in order to prove you can afford the mortgage? It’s proving to be a difficult task for many, which is why it’s so important to know what to expect. Read More...

Mortgage rates rise for first time in 13 months

Updated: 09th September 2015 - First Published: 09th September 2015 Borrowers, we’ve got some bad news – the run of record low mortgage rates has officially come to an end, as our latest research shows that the average two and five-year fixed rates have increased for the first time in 13 months. Read More...

The average UK homebuyer revealed

Updated: 08th September 2015 - First Published: 08th September 2015 Just what is the average UK homebuyer really like? According to research, the average UK homebuyer in 2015 has a budget of £205,221, has owned two properties and is most likely to buy a three-bed semi-detached home in the suburbs – do you match up? Read More...

Wave goodbye to the lowest five-yr mortgage rates

Updated: 04th September 2017 - First Published: 07th September 2015 Over the past year borrowers have been treated to record low mortgage rates, but those days may be coming to an end, with research from Moneyfacts showing that the lowest five-year fixed mortgage rates may already be a thing of the past. Read More...

How will you repay your interest-only mortgage?

Updated: 31st July 2017 - First Published: 07th September 2015 If you’ve got an interest-only mortgage, do you have a specific plan to repay it? Hopefully you’ll have some kind of idea, but some people have no plans in place whatsoever, and that’s led to growing fears of repossession. Read More...

HOMEOWNERS: Today is the best time to sell

Updated: 02nd September 2015 - First Published: 02nd September 2015 Have you been thinking about selling your home? Well, today could be the best time to start the process, as doing so could give you the best possible chance of selling your home before the festive period while achieving the highest price. Read More...

How will you repay your mortgage?

Updated: 27th August 2015 - First Published: 27th August 2015 You repay your mortgage diligently every month in the hope that you’ll comfortably pay it off by the time you retire. But are you confident that you’ll actually be able to achieve that? Read More...

NEWSFLASH: It’s £672/yr cheaper to buy than rent

Updated: 25th August 2015 - First Published: 24th August 2015 If you’re hoping to get on the housing ladder in the near future, we’ve got some great news – research from Halifax has revealed that it’s actually £672 cheaper per year to buy a home than to rent one! So, is it time to get in on the action? Read More...

First-time buyers are £2,000 better off

Updated: 11th August 2015 - First Published: 11th August 2015 Lending to first-time buyers almost became non-existent following the financial crisis, but research from Moneyfacts shows that the tide appears to be turning – not only is the number of deals on the rise, but rates have fallen substantially. Read More...

WARNING: The end of cheap mortgage deals is nigh

Updated: 06th August 2015 - First Published: 06th August 2015 We’ve been enjoying several months of record low mortgage rates, meaning borrowers have been able to benefit from the lowest repayments on record. But, it couldn’t last forever, and research from Moneyfacts suggests that the end is nigh. Read More...

Are house prices stabilising?

Updated: 05th August 2015 - First Published: 05th August 2015 Around this time last year, there were growing concerns that house price inflation was reaching unsustainable levels. Since then, however, things seem to have come off the boil, with price rises seeming far less extreme. So, are prices stabilising? Read More...

First-time buyers settle for second-best

Updated: 31st July 2015 - First Published: 31st July 2015 Buying a first home will be a dream come true for just about everyone, but it seems that many prospective buyers are willing to make significant sacrifices in order to make that dream a reality. Read More...

Borrowers get cash injection through remortgaging

Updated: 18th August 2017 - First Published: 30th July 2015 For some borrowers, remortgaging is a way to move down the loan-to-value (LTV) scale and benefit from lower rates, but research suggests that others are taking advantage of the competitive environment to go in the other direction. Read More...

MORTGAGE ALERT: Fixed deals cheaper than variable

Updated: 28th July 2015 - First Published: 28th July 2015 If you’re looking for a mortgage, you generally have one of two options – you can opt for the security of a fixed rate, or the lower cost of a variable deal. But does that still ring true? Perhaps not... Read More...

Could you cope with a mortgage rate rise?

Updated: 20th July 2015 - First Published: 20th July 2015 Last week, Governor of the Bank of England hinted that base rate could start rising around the turn of the year. This would inevitably lead to mortgage rates following suit, but the question is, could you cope with it? Read More...

Mortgage rates hit ANOTHER new record!

Updated: 17th July 2017 - First Published: 09th July 2015 It’s official – average mortgage rates have fallen even further! It’s a seriously good time to be a homebuyer at the moment (and arguably, an even better time to be a remortgagor), because it’s never been cheaper to finance that new home. Read More...

How to choose an estate agent

Updated: 06th January 2017 - First Published: 08th July 2015 If you’re thinking of moving home, one of the most important things you’ll have to do is find an estate agent. But that can be easier said than done – estate agents often get a bad rep, but there are some good ones out there. Here’s how to find them… Read More...

MORTGAGE ALERT: Rocketing number of FTB deals

Updated: 06th July 2015 - First Published: 06th July 2015 It’s a great time to be a homebuyer at the moment. Not only are mortgage rates falling, but there's great news for first-time buyers – the number of mortgages available to them has hit the highest level since 2007! Read More...

Nearly half of buyers are FTBs

Updated: 23rd November 2017 - First Published: 03rd July 2015 After years of frustrated efforts to get one foot on the housing ladder, first-time buyers (FTBs) are finally starting to find their place in the housing market. Read More...

Number of fee-free mortgages quadruples!

Updated: 29th June 2015 - First Published: 29th June 2015 First mortgage rates descended to reach new lows, and now providers are upping the ante on fees in a bid to boost their all-round competitiveness. Read More...

Demand for housing rises

Updated: 29th June 2015 - First Published: 29th June 2015 Now that the uncertainty of the general election has been put behind us, more and more people are clamouring for a new home, with May witnessing the highest year-on-year demand for 10 years. Read More...

UK rents highest in Europe

Updated: 26th June 2015 - First Published: 26th June 2015 Over the last few years, more and more people in the UK have resorted to renting a home in place of buying. However, while this is certainly good news for landlords, the situation is less rosy for the UK’s renting population. Read More...

FTBs dream of buying a house rather than a flat

Updated: 22nd June 2015 - First Published: 22nd June 2015 A flat used to be the perfect vehicle for first-time buyers (FTBs) to make that first step on to the housing ladder, but it now seems that more and more are forgoing this route to skip straight on to buying a house. Read More...

Will you need a mortgage into retirement?

Updated: 21st July 2017 - First Published: 16th June 2015 As the population gets older and the average age of first-time buyers increases, the probability of needing a mortgage that goes beyond traditional retirement age is increasing. Read More...

Homebuyers spend an extra £1.5bn on stamp duty

Updated: 12th June 2015 - First Published: 12th June 2015 Buying a home has always been expensive, but despite recent reforms, it seems as though stamp duty is still taking a heavy toll on homebuyers’ wallets. Read More...

Falling rates = time to remortgage!

Updated: 11th June 2015 - First Published: 11th June 2015 It’s a great time to be a borrower at the moment. Mortgage rates are at record lows while product choice is rising, and if you’re approaching the end of a fixed rate deal, there’s now extra motivation to remortgage… Read More...

Building societies are winning the mortgage war

Updated: 10th June 2015 - First Published: 10th June 2015 The mortgage war is raging, with average rates falling to fresh lows and competition intensifying. It’s great news for borrowers, but who should they look to if they want to secure the best deal? Well, building societies could be the best bet… Read More...

Average mortgage rates at fresh low

Updated: 10th June 2015 - First Published: 10th June 2015 Well, it’s happened again – average mortgage rates have fallen for a further month to reach the lowest on record! This has been fuelled by intense competition, and happily, this intensity is apparent across the board. Read More...

Generation Rent becoming more optimistic

Updated: 08th June 2015 - First Published: 08th June 2015 If you’re in rented accommodation, how confident do you feel about owning your own home one day? According to research, you could be feeling slightly more optimistic, with respondents believing that it’s becoming easier to secure a mortgage. Read More...

Location still key for homebuyers

Updated: 05th June 2015 - First Published: 05th June 2015 It may be a cliché, but ‘location, location, location’ really does matter when it comes to buying a new home, despite the changes that have impacted the market in recent years. Read More...

Could you cope with an interest rate rise?

Updated: 05th June 2015 - First Published: 05th June 2015 What would happen if interest rates were to rise? Could you afford to keep up with your mortgage repayments? According to research, a worrying proportion of mortgage payers would find it difficult, with many only ever knowing a low-rate environment. Read More...

Help to Buy helps 94,000 buyers

Updated: 04th June 2015 - First Published: 04th June 2015 Have you benefited from Help to Buy? According to the latest update from HM Treasury, almost 94,000 people have bought a new home with the support of the scheme, with the vast majority being first-time buyers. Read More...

Homebuyers save £701m in stamp duty

Updated: 04th June 2015 - First Published: 04th June 2015 The stamp duty reforms that came into effect in December were welcomed by the vast majority of UK homebuyers, most of whom have seriously benefited from the changes – figures show that they've saved an impressive £701m in six months! Read More...

Number of mortgages offering cashback doubles!

Updated: 04th June 2015 - First Published: 03rd June 2015 Homebuyers, we’ve got some good news – the number of mortgages that offer a cashback incentive has more than doubled in the last four years! Read More...

House price growth slowing – but approvals soar!

Updated: 03rd June 2015 - First Published: 03rd June 2015 It’s good news for those looking to get on the ladder – house price growth is slowing! This, combined with the fact that mortgage rates are at record lows, perhaps explains why mortgage approvals have ramped up. Read More...

Borrowers with low deposits see biggest rate cuts!

Updated: 01st June 2015 - First Published: 01st June 2015 If you’re a first-time buyer, your deposit probably won’t be that large – but that doesn’t mean you don’t want to benefit from low mortgage rates. Well, you’re in luck, because those with low deposits are actually benefiting from bigger rate cuts! Read More...

Fall in housing market confidence

Updated: 01st June 2015 - First Published: 01st June 2015 How confident are you in the state of the housing market? According to research from Halifax, you may not be as optimistic as you once were, with their Housing Market Confidence Tracker falling slightly during April. Read More...

Home buyers disappointed after MMR

Updated: 28th May 2015 - First Published: 28th May 2015 The introduction of the Mortgage Market Review (MMR) last year heralded a sea of changes to the way in which borrowers’ affordability is assessed for buying property. However, it seems as though many borrowers are still confused. Read More...

Offset mortgage rates fall to an all-time low

Updated: 16th October 2017 - First Published: 27th May 2015 Rates on offset mortgages have plunged to an all-time low and could offer an alternative to savers frustrated by the low rates of return currently on offer on savings accounts. Read More...

Get a five-year mortgage for a two-year rate!

Updated: 14th May 2015 - First Published: 14th May 2015 Are you thinking about remortgaging, moving home or getting on the ladder? If so, it could be time to consider longer-term fixed rates, because the average five-year deal will now cost you LESS than a two-year mortgage at this time last year! Read More...

House extensions growing in popularity

Updated: 18th April 2017 - First Published: 12th May 2015 In the past few years, extending living space has become increasingly popular among homeowners. It allows you to upgrade your home and get extra space for a growing family without needing to move, and in the long run, it could be well worth it. Read More...

Fears over unaffordable housing

Updated: 06th May 2015 - First Published: 06th May 2015 Are you a prospective first-time buyer? Are you finding it tough to find a house you can afford? If so, you’re not alone, as research has found that many first-time buyers are locked out of the housing market because of affordability issues. Read More...

After a cheap mortgage? Don’t forget about fees

Updated: 05th May 2015 - First Published: 05th May 2015 Have you heard? Mortgage rates are at record lows! This means it’s a great time to consider your options, but before you get too excited, you still need to exercise caution, because some people could be caught out by the fees… Read More...

Older homeowners pay more for mortgages

Updated: 29th April 2015 - First Published: 29th April 2015 When you’re approaching later life there’s always the hope that mortgages will become cheaper, but unfortunately, it doesn’t always pan out that way, as research has revealed that older homeowners are actually being charged more. Read More...

How difficult is it to buy a home?

Updated: 22nd April 2015 - First Published: 22nd April 2015 It’s never easy getting on the housing ladder, but research has revealed that it’s now even harder than it was a year ago, thanks in no small part to rising house prices and living costs. But, are improvements on the horizon? Read More...

Did you celebrate Mortgage Freedom Day?

Updated: 27th November 2017 - First Published: 20th April 2015 Mortgage Freedom Day, touted as being the day when new homeowners have earned enough to pay the annual cost of their mortgage, was officially with us on 18 April, according to analysis from Halifax. Did you celebrate? Read More...

The cost of moving home is on the rise

Updated: 17th April 2015 - First Published: 17th April 2015 Moving home is said to be one of the most stressful experiences anyone can go through, but it can also be one of the most expensive. And we’re not just talking about the cost of the house itself – what about the additional costs involved? Read More...

Housing market in slowdown mode

Updated: 16th April 2015 - First Published: 16th April 2015 Activity in the housing market has been storming ahead in the last year or two, but several reports published so far this year show that this pace of growth is beginning to moderate, and now, the market is well and truly in slowdown mode. Read More...

At the end of a fix? Don’t revert – remortgage!

Updated: 14th December 2016 - First Published: 10th April 2015 It’s a great time to be a mortgage-seeker at the moment, so why not take advantage? If you’re nearing the end of a fixed rate mortgage deal, don’t stand idly by and revert to your lender’s standard variable rate – consider remortgaging instead! Read More...

More than half of FTBs try before they buy

Updated: 07th April 2015 - First Published: 02nd April 2015 Getting the keys to that first home is a major milestone in anyone’s life, but now it seems as though more and more would-be first-time buyers have to test out the waters by renting first. Read More...

MORTGAGE ALERT: Average 2-yr rate falls below 3%

Updated: 31st March 2015 - First Published: 31st March 2015 Mortgage rates have been consistently falling for the past few months, but Moneyfacts can reveal that another milestone has now been reached, with the average two-year fixed rate deal falling below 3% for the first time ever! Read More...

How many steps will you take on the ladder?

Updated: 07th June 2017 - First Published: 30th March 2015 How many homes do you plan on owning in your lifetime? Chances are, the figure will be smaller than that of your parents’, with the typical Brit now taking far fewer steps on the ladder. Read More...

Do you feel optimistic about the housing market?

Updated: 27th March 2015 - First Published: 27th March 2015 There’s plenty of great news doing the rounds about the housing market at the moment, from record low mortgage rates to slower house price growth and higher employment. But, has that translated into optimism about the market as a whole? Read More...

Mortgage lending drops off in January

Updated: 17th March 2015 - First Published: 17th March 2015 Whereas the start of 2014 witnessed a flurry of mortgage lending to house purchasers and remortgagors, January 2015 has been more muted... Read More...

Does your home earn more than you do?

Updated: 17th March 2015 - First Published: 17th March 2015 It can’t be denied that property prices have risen extortionately in the last few years, but has the rising cost of your home outstripped... Read More...

Are you behind with your housing dream?

Updated: 17th March 2015 - First Published: 16th March 2015 Getting onto the housing ladder may be a big step, but it is often only the first on the road to securing the home of your dreams... Read More...

Good news – the cost of a mortgage is reducing!

Updated: 13th March 2015 - First Published: 12th March 2015 Thinking of remortgaging, moving home or getting on the ladder? Well, you’ve picked a great time... Read More...

First-time buyers have more mortgage choice!

Updated: 13th March 2015 - First Published: 11th March 2015 Where it would once have been almost impossible to get a mortgage if you didn’t have a sizeable... Read More...

First-time buyers rely less on Bank of Mum & Dad

Updated: 11th March 2015 - First Published: 09th March 2015 Once upon a time, securing a loan from the Bank of Mum & Dad was the only way prospective homeowners could buy that first home. But, this kind of financial reliance is waning, with more buyers now stepping onto the ladder with their own two feet. Read More...

Are you prepared for an interest rate rise?

Updated: 06th March 2015 - First Published: 06th March 2015 It's been announced that base rate will remain at 0.5% for a further month, marking the sixth anniversary of being at its record low – but it won’t last forever. The rate will rise eventually and mortgage rates will follow suit, but are you ready? Read More...

Housing market confidence reaches three-year high

Updated: 26th February 2015 - First Published: 26th February 2015 How confident are you about the state of the housing market? Chances are, you’re feeling pretty optimistic about the whole thing, with research finding that consumer confidence is at its highest level for three years. Read More...

Stamp duty changes could benefit 71% of buyers

Updated: 24th February 2015 - First Published: 24th February 2015 Have you heard about the stamp duty reforms? If not, it’s time to familiarise yourself with them, because they could mean you’ll save thousands when buying your next home – and research suggests that 71% of homebuyers could benefit. Read More...

House sales hit highest level since 2007

Updated: 20th February 2015 - First Published: 20th February 2015 2014 was the year in which the housing market continued to claw its way back to prosperity; and as a result, it recorded the highest number of sales seen since the boom of 2007. Read More...

The “new norm” for the housing market

Updated: 18th February 2015 - First Published: 18th February 2015 There’s been a raft of house price statistics published in the last few days, but the overall trend remains clear – house price growth is set to continue, and it’s the supply/demand imbalance that’s the driving force. Read More...

First-time buyers better off buying than renting

Updated: 16th February 2015 - First Published: 16th February 2015 Are you thinking about getting on the property ladder? If so, it could be a very financially astute decision. Not only will you own a home rather than renting one, but it could actually be cheaper! Read More...

Mortgage rates at record lows

Updated: 12th February 2015 - First Published: 12th February 2015 The mortgage market is enjoying a period of intense competition at the moment, and that can only be a good thing for borrowers, because mortgage rates are falling as a result! Read More...

House prices show signs of recovery

Updated: 06th February 2015 - First Published: 06th February 2015 It may not seem that house prices have had much to worry about in the last few years, but recently the pace of growth has definitely slowed. Well, latest figures show that the pace quickened again in January, but should buyers be worried? Read More...

House prices continue to moderate

Updated: 30th January 2015 - First Published: 30th January 2015 Latest figures on the UK housing market have revealed that moderation is still the watchword in the New Year, with annual house prices continuing to stabilise after flattening out towards the end of 2014. Read More...

Cost of living a key driver of remortgaging

Updated: 29th January 2015 - First Published: 29th January 2015 Are you thinking about remortgaging? If so, why? Many people look to take advantage of record low mortgage rates, and some find they’re able to ease cost of living pressures as a result – but others are increasing their loan size in order to cope. Read More...

Downsizing could free up over £100k

Updated: 21st April 2017 - First Published: 26th January 2015 If you’ve been considering downsizing your property, the time may be ripe to make the move. According to the latest Downsizers Report from Lloyds Bank, switching a detached house for a bungalow could now release an average of £103,715. Read More...

Are interest rates still a barrier to buying?

Updated: 23rd January 2015 - First Published: 23rd January 2015 Over the last 12 months, speculation of an imminent change in base rate meant fears of interest rate rises became a big barrier to would-be house purchasers. However, it now seems that fewer buyers see interest rates as such an obstacle. Read More...

House prices up 10% as mortgage rates fall further

Updated: 14th January 2015 - First Published: 14th January 2015 Yet more figures have been released this week to indicate that house price growth is moderating, with official figures from the ONS showing that house prices rose by 10% in the year to November 2014, down from 10.4% in October and 12.1% in September. Read More...

House prices continue to moderate

Updated: 08th January 2015 - First Published: 08th January 2015 Since the summer of 2014 reports have revealed a gradual slowdown in the rate of house price growth in the UK market. This price moderation is now expected to continue throughout 2015, thanks to a better balance between supply and demand. Read More...

Increase in 10-year fixed rate mortgage deals

Updated: 20th September 2017 - First Published: 07th January 2015 Competition is fierce in the mortgage market, leading to a combination of falling rates and an increase in product choice. But, it isn’t only the usual sectors that are seeing this kind of change, as longer-term deals are coming into the foreground. Read More...

Number of first-time buyers at 7-year high

Updated: 06th January 2015 - First Published: 06th January 2015 Last year proved to be a great one for the mortgage market, with rates falling to record lows and significant growth in sales volumes. More people are able to get on the ladder, too, with the number of first-time buyers reaching a seven-year high. Read More...

Are you a ‘frustrated middle mover’?

Updated: 09th December 2014 - First Published: 09th December 2014 The news has long been full of the woes of the first-time buyer, but they are not the only ones who are being thwarted in their dreams of homeownership. Read More...

First-time buyer lending hits seven-year high

Updated: 09th December 2014 - First Published: 09th December 2014 Mortgage loans for first-time buyers have reached their highest level for seven years, as borrowers increasingly opt to fix their mortgage rate in preparation for a rise in interest rates. Read More...

How much could you save with new stamp duty rates?

Updated: 07th June 2017 - First Published: 05th December 2014 One of the biggest announcements in this week’s Autumn Statement was the reform to stamp duty thresholds – and it could make a huge amount of difference to your future house purchases. But just how much could you save? Read More...

The seasonal slowdown in housing activity

Updated: 03rd May 2017 - First Published: 04th December 2014 There’s often a lull in housing market activity during the winter months, and this year is no exception. After the rise activity during the first half of the year, things have definitely tailed off – and seasonal factors have a lot to answer for. Read More...

Could you find it difficult to get a mortgage?

Updated: 27th November 2014 - First Published: 27th November 2014 Are you hoping to get a mortgage? Well, it’s not that easy. Regulatory changes have made it increasingly difficult, and there’s one area that’s come under stark criticism as a result – the rising incidence of older borrowers being refused a mortgage. Read More...

The rise of 10-year mortgages

Updated: 26th November 2014 - First Published: 26th November 2014 Fixed rate mortgages have long been the format of choice for borrowers seeking to keep their budgets in check, and now, 10-year deals are growing in popularity. But would you fix for that long? Read More...

Annual house prices rocket

Updated: 18th November 2014 - First Published: 18th November 2014 Latest figures from the Office for National Statistics (ONS) have revealed that UK house prices increased by 12.1% in the year to September 2014, which marks the highest annual increase since July 2007 and puts the typical UK home at £273,000. Read More...

House price growth continues to slow

Updated: 07th November 2014 - First Published: 07th November 2014 UK house price growth is continuing its new downward trend, with the latest figures showing that the housing market witnessed slowing annual and quarterly growth, as well as a month-on-month fall. Read More...

A third of over-50s face having to sell their home

Updated: 05th November 2014 - First Published: 05th November 2014 Interest-only mortgages with endowments have long been thought of as a disaster waiting to happen, and it now emerges that a third of over-50s could be facing the prospect of selling their home in order to pay off their mortgage debt. Read More...

6 of the best mortgages for first-time buyers

Updated: 12th April 2017 - First Published: 05th November 2014 Are you looking to get on the property ladder? Then you’ll need the right mortgage to suit! Here we’ve outlined the top six mortgages for first-time buyers to help you take that first step towards homeownership. Read More...

Variable mortgages sidelined in favour of fixed

Updated: 29th October 2014 - First Published: 29th October 2014 There’s been a huge amount of competition in the mortgage market of late. This is down to the market undergoing a period of intense preparation, with providers looking to improve their offerings ahead of a base rate change. Read More...

House prices drop from last month

Updated: 28th October 2014 - First Published: 28th October 2014 It may have seemed as though house prices would spiral up forever, but today the Land Registry reported that house prices in England & Wales are beginning to fall, potentially indicating a cooling of the once smoking UK housing market. Read More...

Rising first-time buyers defy market slowdown

Updated: 24th October 2014 - First Published: 24th October 2014 The number of first-time buyers finally getting their foot on the property ladder increased year-on-year in September, defying trends of a slowdown in the market. Read More...

0.99% mortgage launched as rate war continues

Updated: 27th October 2017 - First Published: 23rd October 2014 Mortgage holders are all set to be the winners of recent attempts from major lenders to charm borrowers with some extremely eye-catching rate cuts. Read More...

£60K to move up the ladder

Updated: 20th October 2014 - First Published: 20th October 2014 Are you thinking of moving up the housing ladder? If so, you’ll need a hefty chunk to add to your deposit, after new research revealed it costs homeowners an average of £60,000 to take the next step. Read More...

Drop in housing market sentiment

Updated: 15th October 2014 - First Published: 15th October 2014 Consumer confidence in the housing market has fallen to its lowest level in 12 months, the latest Halifax Housing Market Confidence Tracker has revealed, with householders becoming increasingly unconcerned about the possibility of price rises. Read More...

Is the housing market stabilising?

Updated: 10th October 2014 - First Published: 10th October 2014 It’s a murky picture for the housing market at present. While some reports herald a recovery, others suggest it’s heading for a slowdown. Brought together, it would appear that it's on course to become more stable, but why not decide for yourself… Read More...

What would you do to get on the housing ladder?

Updated: 09th October 2014 - First Published: 09th October 2014 What would you do to get on the housing ladder? It’s a question that a lot of would-be homeowners need to ask themselves, particularly with house prices rising so rapidly, and it seems that some will go to extreme lengths to realise their dream. Read More...

Take advantage of falling mortgage rates

Updated: 08th October 2014 - First Published: 08th October 2014 In a surprising turn of events for the mortgage market, Moneyfacts can reveal that average fixed rates have fallen dramatically in the last month – so now’s the time to take advantage of them! Read More...

Further signs of a slowing housing market

Updated: 30th September 2014 - First Published: 30th September 2014 Given the rampant pace of house price growth over the last year, it’s always encouraging to see signs of things slowing down. Well, Nationwide has provided further proof – even though prices are still rising, the growth rate has slowed considerably. Read More...

Fears over mortgage rate rises – how to cope

Updated: 26th September 2014 - First Published: 26th September 2014 There’s no getting away from it – mortgage rates are going to rise. It’ll be a huge shock for many borrowers, and there are fears that some could be in financial difficulty when rates start to creep up. Read More...

Average price of a UK flat has rocketed

Updated: 19th April 2017 - First Published: 22nd September 2014 A flat used to be the perfect option for first-time buyers and the first rung on the property ladder. However, according to the latest research from Halifax, the price of the average flat in the UK has risen by an eye-watering £51,000 since 2004. Read More...

“Normality” returning to the property market

Updated: 19th September 2014 - First Published: 19th September 2014 The property market hasn’t exactly been on an even keel over the last few years, but latest figures suggest that the market could be returning to some form of normality, with a more stable outlook being predicted for the months to come. Read More...

Securing a mortgage is the biggest barrier to FTBs

Updated: 16th September 2014 - First Published: 16th September 2014 Once upon a time, the biggest barrier to becoming a homeowner was building up a suitable deposit. Arguably this has become even tougher in the last few years, but it seems there’s a new kid providing a major block – accessing a mortgage. Read More...

London and the South East skew house prices

Updated: 15th September 2014 - First Published: 15th September 2014 House prices always seem to be rising, but according to the latest England & Wales House Price Index from LSL Property Services, it’s the housing hotbeds of London and the South East that are causing national averages to soar. Read More...

Could shared ownership be the future?

Updated: 15th September 2014 - First Published: 15th September 2014 There’s no denying the fact that house prices have soared over the last year or so. First-time buyers (FTBs) have found things particularly tough, and that’s why people are asking whether shared ownership could have more of a role to play in future. Read More...

Over half of homeowners fear mortgage rate rise

Updated: 28th September 2017 - First Published: 04th September 2014 Over half of UK homeowners believe an interest rate rise of just 1% would have a negative effect on their finances as mortgage payments start to rise. Read More...

48,000 new homeowners thanks to Help to Buy

Updated: 03rd September 2014 - First Published: 03rd September 2014 The Help to Buy scheme may not have been around for that long, but it has certainly had a positive impact on the prospects of first-time buyers (FTBs). Read More...

Save £1,300 a year by buying instead of renting

Updated: 28th August 2014 - First Published: 27th August 2014 Is it cheaper to buy instead of rent? It’s a question that’s often on the minds of renters and would-be homeowners, but at the moment, it’s one that can quite easily be answered – yes, it’s cheaper to buy, and by a fairly large margin. Read More...

Mortgage holders reveal rate rise concerns

Updated: 01st November 2017 - First Published: 22nd August 2014 Two in five mortgage holders have admitted to being concerned about the impact a rise in the base rate of interest could have on their monthly mortgage repayments as an increase looms ever larger on the horizon. Read More...

House prices are up – but growth is moderating

Updated: 20th August 2014 - First Published: 20th August 2014 There’s no denying the fact that house prices are increasing, but latest figures from the Office for National Statistics (ONS) provide more evidence that the market is starting to moderate. Read More...

Mortgage lending up by 6% as market recovers

Updated: 12th August 2014 - First Published: 12th August 2014 The value of mortgage lending, and the number of mortgages advanced, is a clear indicator of the health of the sector. Things had been slightly affected by the MMR earlier this year, but it looks as though the market is getting back on track. Read More...

House sales hit seven-year high

Updated: 08th August 2014 - First Published: 08th August 2014 First-time buyers and landlords helped push house sales to a seven-year high last month. Read More...

Fixed mortgage rates on the rise – but not all

Updated: 06th August 2014 - First Published: 06th August 2014 The last few years have proved incredibly beneficial for homeowners, many of whom have been able to take advantage of record low mortgage rates. But, it couldn’t last forever, and mortgage rates have started to creep back up. Read More...

Mortgage approvals bounce back

Updated: 29th July 2014 - First Published: 29th July 2014 After several months of mortgage approval volumes declining, arguably as a result of the market adjusting to the new lending landscape, it looks like things are starting to bounce back. Read More...

House prices remained stable in June

Updated: 28th July 2014 - First Published: 28th July 2014 House prices may be rising on an annual basis, but there are signs that they could be stabilising in the short-term. Official figures show that, in June, prices grew by 6.4% year-on-year – but there was no monthly price change whatsoever. Read More...

Split in housing market confidence

Updated: 28th July 2014 - First Published: 28th July 2014 Is it a good time to sell your home? What about if you’re looking to buy? Well, it seems that opinions could be divided, with latest figures revealing a clear split in housing market sentiment between buyers and sellers. Read More...

More first-time buyers on the ladder

Updated: 25th July 2014 - First Published: 25th July 2014 There’s been a lot of good news for first-time buyers over the last few months, from Help to Buy schemes to more high loan-to-value mortgages. And it looks like it’s paying off. Read More...

House sales dip as consumers fear a rate rise

Updated: 24th July 2014 - First Published: 24th July 2014 Speculation is rife about an impending change to base rate. There’s no denying that it’s coming but no-one really knows when, and this uncertainty is understandably taking its toll on the mortgage market. Read More...

First-time buyer numbers at seven-year high

Updated: 22nd July 2014 - First Published: 21st July 2014 First-time buyer numbers hit a seven-year high in the first six months of the year with the economic recovery and the Government’s Help to Buy scheme both playing a key role. Read More...

Remortgaging activity on the rise

Updated: 17th July 2014 - First Published: 17th July 2014 The housing market may be coming under pressure from a variety of sources, but this hasn’t curbed the appetite of those seeking to improve their mortgage deal. Read More...

House price growth hits 10.5%

Updated: 15th July 2014 - First Published: 15th July 2014 According to figures from the Office for National Statistics (ONS), house price inflation is continuing to edge up. In fact, UK house prices increased by 10.5% in the 12 months to May 2014, the highest rate of annual growth seen in four years. Read More...

Are you thinking about remortgaging?

Updated: 14th July 2014 - First Published: 14th July 2014 There’s a lot going on in the mortgage market at the moment. Speculation about an impending change to base rate is only increasing, and it’s leading a lot of people to reconsider their current situation. Read More...

Has the Mortgage Market Review had an impact?

Updated: 25th April 2017 - First Published: 11th July 2014 The Mortgage Market Review (or MMR) was implemented in April as a way to make sure borrowers could really afford their mortgage – both now and when rates rise. There was much speculation, but has it really had that much of an effect? Read More...

Do you know about Help to Buy?

Updated: 29th December 2014 - First Published: 10th July 2014 The Government’s Help to Buy scheme has enjoyed a wealth of media coverage since its launch, but a surprising proportion of homeowners and prospective buyers haven’t actually heard of it, even though it could prove beneficial. Read More...

House prices up 8.8%, but are moderating

Updated: 09th July 2014 - First Published: 09th July 2014 House price growth continues to remain strong, according to the latest Halifax House Price Index, with the typical UK property standing at £183,462 – 8.8% higher than June 2013 when the average price of a UK home was £167,668. Read More...

Mortgage rates are rising – fast

Updated: 02nd June 2017 - First Published: 02nd July 2014 Mortgage rates have been at record low levels for the last few years, but unfortunately that’s about to change – the run of low rates is well and truly over. Read More...

House prices up 11.8% and surpass 2007 peak

Updated: 02nd July 2014 - First Published: 02nd July 2014 Prices of the typical UK home are continuing to edge up, with figures from Nationwide showing that they’ve increased by 11.8% year-on-year to reach £188,903 – surpassing the previous peak recorded in 2007. Read More...

25 years of fixed rate mortgages

Updated: 12th June 2017 - First Published: 01st July 2014 Fixed rate mortgages are so commonplace now that it’s hard to imagine a time when they weren’t around. But, there was – this year marks the 25th anniversary of their launch, and Moneyfacts has taken a look at how far they've come. Read More...

New caps on mortgage lending revealed

Updated: 30th May 2017 - First Published: 26th June 2014 The Financial Policy Committee (FPC) announced this morning that additional caps would be placed on mortgage lending to “insure against potential risks to financial stability” – in essence, to cool what many are calling an overheating housing market. Read More...

Parents helping out with the deposit

Updated: 18th April 2017 - First Published: 25th June 2014 Trying to build up a deposit can seem like a never-ending task, and in some cases completely unattainable. However, some lucky first-time buyers have the bank of Mum and Dad to fall back on. Read More...

More first-time buyer deals out of Help to Buy

Updated: 25th June 2014 - First Published: 24th June 2014 Whether you agree with the scheme or not, it can’t be denied that Help to Buy has reinvigorated the mortgage market. But, what might be surprising is that the majority of mortgages available to first-time buyers aren't from participating lenders... Read More...

House prices up 9.9% year-on-year

Updated: 17th June 2014 - First Published: 17th June 2014 House prices only ever seem to be going one way at the moment – up. Although the last couple of months have shown some signs of moderation, latest figures from the Office for National Statistics (ONS) have pushed prices straight back up again. Read More...

Have you been enjoying low mortgage payments?

Updated: 17th June 2014 - First Published: 16th June 2014 Many people who have recently climbed onto that property ladder have been enjoying extremely affordable mortgage repayments compared to years gone by. Read More...

House prices hit £266K – are restrictions needed?

Updated: 13th June 2014 - First Published: 13th June 2014 House prices have come back into the spotlight thanks to the latest House Price Index from LSL/Acadata, with it reporting house price growth for the 11th consecutive month – meaning average prices have reached a new peak of £266,013. Read More...

Good news - more low-deposit mortgages available

Updated: 13th November 2017 - First Published: 12th June 2014 It can’t be denied that it’s a struggle to get on the housing ladder. Building up a deposit is the first hurdle, followed by affordability, getting a decent rate and finding a mortgage in the first place. Luckily, there's now a lot more choice. Read More...

Young homeowners worried about housing debt

Updated: 09th June 2014 - First Published: 09th June 2014 Owning a home is something a lot of people aspire to, however it can be difficult to make that dream a reality. Young people in particular are finding it hard, and it isn’t just the initial cost that’s a barrier – it’s ongoing affordability too. Read More...

Rate rise could squeeze finances – be prepared!

Updated: 06th June 2014 - First Published: 06th June 2014 The threat of rising mortgage rates is constantly looming. Would you be able to afford a dramatic increase? Research suggests that a lot of homeowners would struggle, which is why it’s more important than ever to be prepared. Read More...

Property demand remains strong as prices rise

Updated: 05th June 2014 - First Published: 05th June 2014 The demand for UK housing is still growing, with house prices up 8.7% in the last three months to May compared to a year earlier, according to the Halifax House Price Index. Read More...

Could rising interest rates put you in arrears?

Updated: 03rd June 2014 - First Published: 03rd June 2014 The ongoing threat of rising interest rates means a lot of borrowers could be worried about their future repayments, particularly those on lower incomes. Read More...

Slower price growth hints at a cooling market

Updated: 03rd June 2014 - First Published: 03rd June 2014 Despite widespread concerns that the housing market is heading into bubble territory, several reports released over the last few weeks have indicated that it could actually be starting to stabilise. Read More...

AUDIO: Has Help to Buy caused inflation?

Updated: 03rd June 2014 - First Published: 03rd June 2014 Sylvia Waycot, editor of Moneyfacts.co.uk, speaks to BBC Radio Coventry and Warwickshire’s Phil Upton’s regarding Help to Buy. Read More...

House prices still rising – but not everywhere

Updated: 02nd June 2014 - First Published: 30th May 2014 House prices across England and Wales have increased by 6.7% compared to April last year, according to figures released today by the Land Registry. Read More...

Help to Buy gives lifeline to 7,000 new buyers

Updated: 30th May 2014 - First Published: 29th May 2014 First-time buyers have been given a definite boost recently, largely thanks to the second phase of the Government’s Help to Buy scheme. In fact, it helped over 7,000 buyers in the first six months, with 80% of those being first-time buyers (FTBs). Read More...

London’s home to 29% more FTBs than a year ago

Updated: 28th May 2014 - First Published: 28th May 2014 The London property market may be booming, but it seems it hasn’t put off first-time buyers (FTBs) hoping to get a foothold in the capital. Read More...

Will you improve or move?

Updated: 27th May 2014 - First Published: 27th May 2014 If you’re thinking of taking the plunge and buying your next home, there could be one thing holding you back. Money. But that doesn’t mean you have to keep things as they are – why not improve your current home to make it the house of your dreams? Read More...

Have you fully flown the nest?

Updated: 23rd May 2014 - First Published: 23rd May 2014 The idea of children flying the nest as soon as they get the chance is long gone, as these days a lot of people find themselves staying attached to the family home long into adulthood – with some still not truly cutting ties until at least their 50s. Read More...

Fears of being stuck in “unaffordable” mortgages

Updated: 05th September 2017 - First Published: 22nd May 2014 As mortgage rates are slowly edging upwards, there are increasing fears of borrowers being trapped in a cycle of unaffordable repayments. In fact, according to research, one in ten of today’s mortgage holders are at risk. Read More...

Are there signs of housing market stabilisation?

Updated: 20th May 2014 - First Published: 20th May 2014 The threat of a housing bubble has been an ongoing concern over recent months, but it looks like things could be starting to even out with several sets of figures pointing to signs of stabilisation in the housing market… Read More...

Are you struggling with your mortgage?

Updated: 15th May 2014 - First Published: 15th May 2014 For most people getting a mortgage will be the biggest financial commitment they’ll ever make, but unfortunately that can leave a lot of borrowers struggling. Read More...

Borrowers flock to fixed rate mortgages

Updated: 14th May 2014 - First Published: 14th May 2014 When choosing a mortgage, one of the biggest decisions will be whether you want to opt for a fixed or variable rate. Well, it seems that fixed rates easily win the day, with research revealing a clear preference for this type of product. Read More...

Younger buyers undeterred by new mortgage rules

Updated: 13th May 2014 - First Published: 13th May 2014 New rules following the Mortgage Market Review (MMR), implemented last month, have put affordability at the top of the agenda. Read More...

How does it feel to be rent free?

Updated: 12th May 2014 - First Published: 12th May 2014 Today is UK Rental Freedom Day! This means that if tenants had put everything they earned so far this year into their rental costs, they would have no more rent to pay for the rest of the year. Read More...

Fewer mortgage approvals – but more affordability

Updated: 09th May 2014 - First Published: 09th May 2014 It’s a tale of two halves for those hoping to buy a home. On the one hand, mortgage approvals have dropped – indicating fewer people are being accepted – but on the other, affordability is improving, with arrears and repossessions falling rapidly. Read More...

Lack of homes for sale fuelling price rises

Updated: 08th May 2014 - First Published: 08th May 2014 If you needed more confirmation that house prices are continuing to rise, you’ve got two reports released in as many days to back it up. Read More...

Would you shop online for your mortgage?

Updated: 06th May 2014 - First Published: 06th May 2014 Sometimes it can seem that everything is being taken over by the digital revolution and that dealing with people face-to-face is a thing of the past... Read More...

Parents help with the deposit – but at what cost?

Updated: 04th September 2017 - First Published: 06th May 2014 We all know how difficult it can be to build up a nest egg, and saving for that first deposit can be even harder. That’s why a lot of children turn to their parents, and many are answering that call – even though it could leave them struggling. Read More...

Could you handle a rate rise?

Updated: 06th May 2014 - First Published: 06th May 2014 Borrowers have been enjoying low rates for some time now, but this could be coming to an end as the average two-year fixed rate mortgage rose for over two thirds of April. Read More...

Are you confused by new mortgage rules?

Updated: 28th June 2017 - First Published: 28th April 2014 New mortgage affordability checks came in over the weekend, and that means it could be a whole lot harder to get the mortgage you’re after. Unfortunately there seems to be a lot of confusion surrounding things - do you know what the rules mean? Read More...

Number of first-time buyers soars

Updated: 25th April 2014 - First Published: 25th April 2014 Owning a home is the dream of many, and over the last year there’ve been various incentives aimed at getting people on the ladder. Well, they seem to be working, with figures revealing that first-time buyer numbers soared to a 6½-year high in March. Read More...

Fewer people choosing to remortgage

Updated: 25th April 2014 - First Published: 25th April 2014 The housing market may be enjoying a surge of activity, but it seems that not every sector is going in quite the same direction. Take remortgages, for example, with the number of remortgage loans advanced falling by 19% over the year. Read More...

More homebuyers turning to high-LTV mortgages

Updated: 24th April 2014 - First Published: 24th April 2014 The mortgage market is definitely booming, with more people getting on the ladder as confidence soars. It seems that a lot of this activity is down to those at the start of their property journey, with an increasing number seeking high LTV mortgages. Read More...

Will you pass mortgage affordability checks?

Updated: 22nd May 2017 - First Published: 23rd April 2014 The countdown to new mortgage affordability rules has well and truly begun. Changes will come into full effect on 26 April and as a result it could be harder to get that longed-for mortgage, so will you pass mortgage affordability checks? Read More...

House prices accelerate – but many are struggling

Updated: 16th April 2014 - First Published: 16th April 2014 According to the latest house price index from the Office for National Statistics, house prices are continuing to accelerate – this time posting a rise of 9.1% in the year to February bringing the average UK property to a whopping £253,000. Read More...

Boost for sellers as confidence returns

Updated: 14th April 2014 - First Published: 14th April 2014 The industry might be awash with concerns over the rapid rate of house price inflation, but it isn’t all bad news. The general upturn of the housing market has been met with increased positivity among sellers, with many being far more confident. Read More...

The MMR checklist – are you ready?

Updated: 18th May 2017 - First Published: 14th April 2014 If you’re thinking of applying for a mortgage in the near future, there’s one thing you need to make absolutely certain you know about – the Mortgage Market Review. Read More...

House prices rise £17.5K in 12 months

Updated: 11th April 2014 - First Published: 11th April 2014 If you needed further confirmation that house prices are continuing on their upwards trajectory, you’ve got it – house prices have risen by 7.2% over the last year, reaching an average of £262,291 to post an increase of £17,500 in just 12 months. Read More...

First-time buyer numbers on the up

Updated: 11th April 2014 - First Published: 11th April 2014 The number of first-time buyers (FTBs) coming onto the market has soared over the last year, with figures from the Council of Mortgage Lenders revealing that 22,200 loans were advanced to FTBs in February – a rise of 41% compared to February 2013. Read More...

Are you celebrating Mortgage Freedom Day?

Updated: 10th April 2014 - First Published: 10th April 2014 According to Halifax, today is UK Mortgage Freedom Day – the day when new homeowners have earned enough to pay off the annual cost of their mortgage. Read More...

The north/south divide in mortgage debt

Updated: 17th August 2017 - First Published: 09th April 2014 Figures released from the Council of Mortgage Lenders (CML) have revealed a clear north/south divide in terms of mortgage debt, with those in the north actually having far less in outstanding loans than their southern counterparts. Read More...

More signs of house price moderation

Updated: 04th April 2014 - First Published: 04th April 2014 Earlier this week a report from Nationwide found that house price growth has slowed in the last month, a sentiment which seems to have been confirmed by Halifax, with their latest House Price Index revealing that house prices fell by 1.1% in March. Read More...

House prices still rising – but at a slower pace

Updated: 03rd April 2014 - First Published: 03rd April 2014 There’s been concern for some time that house prices are rising too rapidly, however the latest House Price Index from Nationwide should hopefully allay that to some extent – house prices are still rising, but at a slower pace than before. Read More...

What does the MMR mean for you?

Updated: 24th April 2017 - First Published: 02nd April 2014 The mortgage market is booming, with record-low rates and increased availability of 95% loan-to-value (LTV) mortgages meaning more people are able to get on – or move up – the ladder. Read More...

Are borrowers still cautious of high-LTV mortgages

Updated: 01st April 2014 - First Published: 01st April 2014 Over the last few months the high loan-to-value (LTV) mortgage has definitely come back into the foreground, but it seems that many borrowers are still cautious about taking the plunge. Read More...

A common sense approach to home-buying

Updated: 31st March 2014 - First Published: 31st March 2014 The current headlines are all centred round a booming housing market fuelled by first-time buyers, but there are still many people concerned about their chances of getting on the housing ladder. Read More...

Supply/demand imbalance - cause for concern?

Updated: 20th July 2017 - First Published: 31st March 2014 House prices have been rising rapidly over the last few months, and there’s been concern among the industry that things could be getting out of hand. Read More...

More first-time buyers getting on the ladder

Updated: 28th March 2014 - First Published: 28th March 2014 Most people dream of owning their own home one day, and happily that dream seems to be coming true for an increasing number of them. Read More...

Borrowers choosing fixed rate mortgages

Updated: 26th March 2014 - First Published: 26th March 2014 It’s always nice to have some security when it comes to monthly outgoings, and that could explain why a record number of homeowners – more than 19 out of every 20, in fact – are choosing fixed rate mortgages. Read More...

17,000 homes bought with Help to Buy

Updated: 24th March 2014 - First Published: 24th March 2014 The Government’s Help to Buy scheme was launched with the noble intention of boosting house building, helping first-time buyers and ensuring more people can get on or move up the ladder, and happily it seems to be having the desired effect. Read More...

Paying off your mortgage in retirement

Updated: 18th April 2017 - First Published: 18th March 2014 Your mortgage is likely to be the biggest loan you will ever take out in your life, but most people hope to have paid it off by the time they reach retirement. Read More...

Why do average house prices differ?

Updated: 12th April 2017 - First Published: 18th March 2014 House prices are rising fast, but when it comes to the average price it can get a bit more confusing. Every few days it seems there’s another House Price Index that proclaims the new “average” property price – but why are they different? Read More...

Good news - a two-year mortgage now costs you less

Updated: 18th March 2014 - First Published: 18th March 2014 Despite there being growing fears around rising house prices and potential increases to mortgage rates, research from Moneyfacts.co.uk has revealed that the true cost of the average two-year mortgage has actually fallen over the last two years. Read More...

Cheaper to buy a home than rent one

Updated: 16th October 2017 - First Published: 17th March 2014 Owning a home is the dream of many, but unfortunately rising property prices have meant it's often been out of reach. However, latest research from Halifax should offer hope - it’s now cheaper to buy than rent, potentially by £124 per month. Read More...

Biggest house price hike in 21 months

Updated: 14th March 2014 - First Published: 14th March 2014 House prices have shown another significant boost in February, increasing by £2,500 – the largest monthly rise for 21 months. Read More...

House prices continuing to accelerate

Updated: 06th March 2014 - First Published: 06th March 2014 The latest Halifax House Price Index has confirmed that house prices are continuing to accelerate, with them rising by 2.4% in the last month alone – meaning the average UK property now stands at £179,872. Read More...

Could a poor credit rating affect your mortgage?

Updated: 04th August 2017 - First Published: 04th March 2014 With more first-time buyers able to get on the property ladder, the industry is enjoying a period of rapid expansion. However, it won’t always be that simple, and one area that needs addressing is your credit rating. Read More...

Stamp duty: The extra costs of buying a home

Updated: 04th May 2017 - First Published: 04th March 2014 After struggling for years to save for a deposit to buy their first home, first-time buyers (FTBs) will obviously be keen to get the ball rolling. Read More...

Homeowners benefit from years of low rates

Updated: 04th March 2014 - First Published: 04th March 2014 Thursday’s Bank of England base rate announcement is expected to mark the fifth year of rates being at the historically low 0.5% – something which will leave many homeowners smiling, as they can continue to benefit from record low mortgages rates. Read More...

Housing market strengthens with new mortgages

Updated: 26th February 2014 - First Published: 26th February 2014 The housing market continues to go from strength to strength as approvals of new mortgages for house purchase hit their highest level since September 2007. Read More...

Be prepared for higher mortgage repayments

Updated: 26th February 2014 - First Published: 26th February 2014 Mortgage rates are still in their run of being at record low levels, giving homeowners the chance to benefit from reduced repayments and, potentially, the chance to overpay and clear their debt sooner. Read More...

Calls to scrap stamp duty

Updated: 23rd November 2017 - First Published: 25th February 2014 Two reports released in the last week have shown that average house prices have exceeded the £250,000 mark, meaning the average UK property now sits squarely in the 3% stamp duty bracket. Read More...

More new homes being built thanks to Help to Buy

Updated: 21st February 2014 - First Published: 21st February 2014 With the country crying out for new homes – particularly with house prices only ever seeming to be on the rise – it’s encouraging to see that more new homes are being built. Read More...

Are rent costs holding first-time buyers back?

Updated: 20th February 2014 - First Published: 20th February 2014 With so many young people struggling to save up a deposit to get on the housing ladder, it will come as a shock to hear they may be ploughing nearly a fifth of the average price of a house into landlords’ pockets. Read More...

First-time buyers aiming high

Updated: 19th February 2014 - First Published: 18th February 2014 With more first-time buyers (FTBs) able to get onto the property ladder the market is booming, and it seems those prospective homeowners have increasingly expensive tastes. Read More...

Rising home prices fuel fears of stamp duty crisis

Updated: 17th February 2014 - First Published: 17th February 2014 Rising house prices have been a concern of many in the mortgage industry for some time, but the latest figures could ramp up another concern – that of a stamp duty “crisis” taking hold. Read More...

Banks taking back 95% mortgage market

Updated: 17th February 2014 - First Published: 17th February 2014 Over the last few months the 95% loan-to-value (LTV) mortgage market has come back to the foreground, allowing more people to get onto the property ladder with a minimal deposit. Read More...

First-time buyer activity increases

Updated: 13th February 2014 - First Published: 13th February 2014 The mortgage market has been picking up recently and it seems first-time buyers (FTBs) are at the forefront of this activity. Read More...

House sales rising country-wide

Updated: 10th February 2014 - First Published: 10th February 2014 The housing market in England and Wales is enjoying the largest increase in activity it has seen for over a decade. Read More...

The ongoing property struggle

Updated: 11th February 2014 - First Published: 07th February 2014 Helping their children get on the property ladder may be a long way from people’s minds as they struggle to buy a house themselves, but according to a report form HSBC the two are intrinsically linked. Read More...

House price inflation slowing

Updated: 11th February 2014 - First Published: 06th February 2014 There’s been concern for some time that house prices might be rising too excessively, but the latest Halifax House Price Index has revealed that house price inflation is actually slowing down. Read More...

Young homebuyers willing to make sacrifices

Updated: 11th February 2014 - First Published: 04th February 2014 Trying to get on the property ladder can be a struggle for a lot of prospective homeowners. Saving enough for the deposit as well as the various fees involved can seem like a never-ending battle, with strict budgeting being the only option. Read More...

House prices fuelled by supply/demand imbalance

Updated: 03rd February 2014 - First Published: 03rd February 2014 The latest National Housing Survey from property analysts Hometrack has revealed that house prices rose yet again in January, this time by 0.3%. Read More...

First-time buyers are “lifeblood of market”

Updated: 30th January 2014 - First Published: 30th January 2014 First-time buyers are playing an increasingly important part in the recovery of the housing market, accounting for around 44% of activity. Read More...

House prices continue to be on the up

Updated: 29th January 2014 - First Published: 29th January 2014 Two sets of figures released today show that UK house prices are continuing on their upwards trajectory, although each report reveals slightly different levels of growth. Read More...

£Multi-billion affordable housing scheme launched

Updated: 28th January 2014 - First Published: 28th January 2014 A multi-billion pound housing programme that could result in 165,000 new affordable homes being built between 2015 and 2018 was officially launched yesterday, delivering a welcome boost to the housing sector. Read More...

Homeowner hopefuls ill-prepared for Help to Buy

Updated: 23rd January 2014 - First Published: 23rd January 2014 A report commissioned by Experian CreditExpert has revealed that, even though almost two-fifths (39%) of 20-40 year olds surveyed are planning on making a Help to Buy application over the next year, many of them are woefully ill-prepared. Read More...

Small deposit no barrier to owning a home

Updated: 21st January 2014 - First Published: 21st January 2014 Buyers are finding themselves able to get onto the housing ladder with smaller deposits thanks to the increased availability of high loan-to-value (LTV) mortgages. Read More...

House prices show strongest ever start to a year

Updated: 20th January 2014 - First Published: 20th January 2014 Figures from the latest Rightmove House Price Index reveal that this has been the property market’s strongest ever start to a year, with asking prices rising by 1% over last month. Read More...

UK homeowners confident about property market

Updated: 15th January 2014 - First Published: 15th January 2014 A recent survey published by Zoopla has revealed that confidence surrounding the UK property market has reached a four-year high, with 92% of homeowners expecting house prices to rise over the next six months. Read More...

House price growth increasing

Updated: 14th January 2014 - First Published: 14th January 2014 The latest House Price Index from the Office for National Statistics (ONS) provides yet further confirmation that the rate of house price growth is increasing. Read More...

House hunters fear mortgage rejection

Updated: 06th June 2017 - First Published: 14th January 2014 New research from TSB has revealed that 38% of aspiring homeowners fear having their mortgage application rejected, whether they’re first-time buyers or looking to make their way up the property ladder. Read More...

Rising house prices help homeowners climb ladder

Updated: 13th January 2014 - First Published: 13th January 2014 Rising house prices might be causing concern for those trying to get on the housing ladder, but for homeowners looking to move those increased prices are providing a well-earned boost. Read More...

House prices rise by 7.5% as confidence returns

Updated: 08th January 2014 - First Published: 08th January 2014 The latest House Price Index from Halifax found that, even though prices dipped by a marginal 0.6% during December, overall house prices rose by 7.5% in 2013 to finish the year at an average of £173,467. Read More...

House price growth continues

Updated: 03rd January 2014 - First Published: 03rd January 2014 UK house prices are continuing on their upwards trajectory, with data from Nationwide Building Society finding that house prices rose by 8.4% in the year to December 2013 – with the average price now standing at £175,826. Read More...

750 homes bought with Help to Buy

Updated: 02nd January 2014 - First Published: 02nd January 2014 Latest Government figures have revealed that almost 750 homes have so far been bought under the second phase of Help to Buy, with a further 6,000 people having applied for a mortgage and made an offer on property. Read More...

Calls for Help to Buy to be reconsidered

Updated: 30th December 2013 - First Published: 30th December 2013 Business Secretary Vince Cable has expressed reservations over the Help to Buy scheme, believing it should be reconsidered as it was “conceived under very different circumstances”. Read More...

Mortgage lending to reach £170bn in 2013

Updated: 20th December 2013 - First Published: 20th December 2013 The Council of Mortgage Lenders (CML) has said it expects gross mortgage lending this year to reach £170 billion - higher than the £156 billion it had originally forecast at the beginning of 2013. Read More...

House prices to rise 8% next year, says RICS

Updated: 20th December 2013 - First Published: 20th December 2013 The Royal Institution of Chartered Surveyors (RICS) expects to see the UK’s house prices rise by 8% next year. Read More...

Consumers worried about interest rate rises

Updated: 04th August 2017 - First Published: 16th December 2013 According to the Building Societies Association (BSA), interest rate rises are the biggest risk to the housing market in 2014 with a lot of householders worried about the impact any increased rates could have. Read More...

Housing market continues to strengthen

Updated: 11th December 2013 - First Published: 11th December 2013 The latest Residential Market Survey from RICS has confirmed that house prices are continuing to rise, with a combination of falling stock levels and unprecedented buyer interest resulting in rapidly rising sales figures. Read More...

Will rising house prices be held back?

Updated: 06th December 2013 - First Published: 06th December 2013 Figures released by the Halifax have revealed that house prices are continuing on their upwards trajectory, and they’re rising at a rapid pace. Read More...

If rates rise, could you afford your mortgage?

Updated: 03rd December 2013 - First Published: 03rd December 2013 Interest rates have been at their record low levels since 2009, but what happens when they rise? The base rate of 0.5% could be on the up as soon as 2015, and that could mean mortgage rates rise accordingly. Could you afford to make those repayments? Read More...

Stop press – Top First Time Buyer Mortgages

Updated: 02nd December 2013 - First Published: 02nd December 2013 The launch of the Help to Buy scheme has dramatically opened up the mortgage market to first-time buyers (FTBs). Before April this year it would have been difficult for those with a 5% deposit to get access to a competitive mortgages. Read More...

House prices up 6.5% - says Nationwide

Updated: 29th November 2013 - First Published: 29th November 2013 House prices across the UK are now 6.5% higher than November 2012, according to Nationwide’s latest House Price Index. Read More...

Help to Buy to launch in Wales

Updated: 29th November 2013 - First Published: 29th November 2013 Help to Buy has been operating in England since April, but details of the Welsh version have only just been unveiled. Read More...

Funding for Lending for households to end

Updated: 29th November 2013 - First Published: 28th November 2013 The Treasury and Bank of England (BoE) have just announced plans to change how the Funding for Lending Scheme (FLS) operates, and as of next year, banks will no longer receive subsidised funding to encourage mortgage lending and personal loans. Read More...

Top 5 first-time buyer mortgages

Updated: 05th July 2017 - First Published: 25th November 2013 Recently the number of mortgages available to those hoping to buy their first home with only a 5% deposit has soared. Read More...

Help to Buy fuelling FTB market

Updated: 22nd November 2013 - First Published: 22nd November 2013 Latest figures on the Government’s Help to Buy scheme show that 5,375 new homes were bought in the first six months of the initial phase’s launch, with 92% of them being sold to first-time buyers. Read More...

More Brits overpaying mortgages

Updated: 02nd June 2017 - First Published: 20th November 2013 According to research from Santander, around a third of mortgage holders (34%) make overpayments on their mortgage which amount to an average of £181 per month, with many doing so to take advantage of record low interest rates. Read More...

Asking prices rise year-on-year

Updated: 19th November 2013 - First Published: 19th November 2013 Those looking to sell their home are getting increasingly confident in terms of the price they’ll get, with the latest House Price Index from Rightmove showing that house sellers’ asking prices have risen by a significant 4% since November 2012. Read More...

Homeowners downsizing to help with bills

Updated: 06th December 2017 - First Published: 18th November 2013 A recent report from Lloyds Bank has found that downsizing continues to be a key driver behind property sales, with 45% of homeowners who intend to sell their home in the next three years planning on trading down. Read More...

Video: Help to Buy – clear the confusion

Updated: 14th November 2013 - First Published: 14th November 2013 The latest figures from two lenders enrolled in the Government’s Help to Buy (H2B) scheme show strong uptake in the first four weeks since the mortgage guarantee element was launched Read More...

Housing payments unaffordable for many homeowners

Updated: 12th November 2013 - First Published: 12th November 2013 According to a survey for BBC Panorama, 31% of those paying a mortgage or rent spend more than a third of their disposable monthly income doing so, making such costs “unaffordable” and putting severe pressure on household budgets. Read More...

More Brits renting out their spare rooms

Updated: 08th November 2013 - First Published: 08th November 2013 Research by Santander has revealed that more Brits are choosing to rent out their spare rooms, with around 9% of homeowners now having a lodger compared with just 6% in 2011. Read More...

Interest rates kept at 0.5%

Updated: 07th November 2013 - First Published: 07th November 2013 The Bank of England’s Monetary Policy Committee (MPC) has voted to keep base rate at its record low of 0.5% for another month at least. Read More...

Consumers left confused about Help to Buy

Updated: 21st August 2017 - First Published: 05th November 2013 According to research by the Building Societies Association (BSA) there’s a large amount of confusion surrounding the Government’s Help to Buy scheme, particularly the mortgage guarantee element. Read More...

House prices nearly 6% higher than 2012

Updated: 31st October 2013 - First Published: 31st October 2013 House prices are now 5.8% higher than in October 2012, according to Nationwide Building Society’s latest House Price Index. Read More...

First-time buyers can’t rely on Bank of Mum & Dad

Updated: 28th October 2013 - First Published: 28th October 2013 The Bank of Mum & Dad used to be where prospective homeowners could go to find help with a mortgage deposit, but it seems that the Bank is facing difficulties – around 26% of UK parents can no longer afford to give any financial assistance. Read More...

London house prices hit another record

Updated: 24th October 2013 - First Published: 24th October 2013 According to the latest Asking Price Index from Home.co.uk, London house prices have surpassed the £400,000 mark after another record year. Read More...

Housing recovery spreads cross-country

Updated: 17th October 2013 - First Published: 17th October 2013 According to Home.co.uk’s Asking Price Index house prices in England and Wales have risen a further 1% in the last month, the biggest monthly rise since May 2011, and are up an impressive 5.5% on last year. Read More...

65% of young adults plan to use Help to Buy

Updated: 09th May 2017 - First Published: 17th October 2013 The Government’s Help to Buy scheme is fuelling the homeownership ambitions of young adults, with almost two thirds (65%) of 18-29 year olds planning to buy their first home or move house during the three-year lifetime of the scheme. Read More...

New BTL products help landlords expand portfolios

Updated: 17th October 2013 - First Published: 17th October 2013 Landlords were able to significantly expand their portfolios in the third quarter of 2013, largely thanks to the wider availability and improved choice of buy-to-let mortgage products on the market. Read More...

Could Help to Buy push down rents?

Updated: 16th October 2013 - First Published: 16th October 2013 The early launch of the mortgage guarantee element of Help to Buy could drive down London rents by up to 5%, a leading estate agency has claimed. Read More...

Top 5 cracking first-time buyer mortgages

Updated: 11th October 2013 - First Published: 11th October 2013 Buying your first home and choosing a suitable mortgage is one of life’s most exciting, but nerve-wracking experiences, with a wide range of factors to consider such as rates, deposits, fees and charges. Read More...

Yorkshire’s 95% mortgage beats Help to Buy deals

Updated: 11th October 2013 - First Published: 11th October 2013 Yorkshire Bank has cut the rate on its 95% loan-to-value mortgage, which sees this product now beat similar deals offered under the second phase of the Help to Buy scheme. Read More...

Mortgage lending at five-year high

Updated: 11th October 2013 - First Published: 11th October 2013 Figures from chartered surveyor e.surv reveal that the number of house purchase mortgages granted in September topped 68,000 for the first time since February 2008. Read More...

Nearly 8,000 to benefit from Dunfermline SVR cut

Updated: 19th June 2017 - First Published: 10th October 2013 Nationwide has announced plans to reduce the standard variable rate (SVR) for thousands of Dunfermline Building Society mortgage customers. Read More...

Property market hotspots revealed

Updated: 11th October 2013 - First Published: 10th October 2013 Research conduced by Home.co.uk has revealed the UK locations where homes sell in the shortest time, indicating a welcome boost to the housing market with several property hotspots located across the country. Read More...

Surge in new build reservations thanks to H2B

Updated: 10th October 2013 - First Published: 10th October 2013 Latest official figures reveal that the Help to Buy equity loan scheme is surging ahead, with there being over 15,000 reservations for new build homes in the first 6 months. Read More...

Help to Buy 2 launches

Updated: 08th October 2013 - First Published: 08th October 2013 The second phase of the Government’s Help to Buy scheme launches today. So far, Aldermore, Halifax, HSBC, NatWest, Royal Bank of Scotland and Virgin Money have announced they will be taking part in the scheme. Read More...

Help to Buy 2 deposit falls by over £33K

Updated: 07th October 2013 - First Published: 07th October 2013 Homeownership could become much more affordable under the second phase of the Government’s Help to Buy scheme. Read More...

Help to Buy boosts homebuyer confidence

Updated: 04th October 2013 - First Published: 04th October 2013 New figures show that Brits are becoming increasingly upbeat about the property market, and all signs point to the positive impact the Help to Buy scheme has had on boosting confidence levels. Read More...

House prices rise 6.2%

Updated: 03rd October 2013 - First Published: 03rd October 2013 House prices are rising at their fastest pace for more than three years, according to Halifax. Read More...

Mortgage approvals reach five-year high

Updated: 30th September 2013 - First Published: 30th September 2013 Figures released by the Bank of England show that the number of mortgage approvals rose to 62,226 in August, the highest level recorded since February 2008. Read More...

Controversial Help to Buy phase brought forward

Updated: 30th September 2013 - First Published: 30th September 2013 The controversial second phase of the Government’s Help to Buy scheme is set to launch next week – three months earlier than originally planned. Read More...

House prices climb 5%

Updated: 27th September 2013 - First Published: 27th September 2013 Nationwide Building Society’s latest figures reveal house prices climbed 5% in September when compared to a year previously. Read More...

Clydesdale fined £8.9m over mortgage failings

Updated: 26th September 2013 - First Published: 26th September 2013 Thousands of Clydesdale Bank customers are in line to be compensated after the bank miscalculated the repayments on their mortgages. Read More...

Almost £900 per year cheaper to buy than rent

Updated: 23rd September 2013 - First Published: 23rd September 2013 As the cost of renting continues to soar, it has now been revealed that it’s almost £900 per year cheaper to buy a home than rent one. Read More...

Top 6 variable rate mortgages

Updated: 20th September 2013 - First Published: 20th September 2013 Latest research reveals that more borrowers selected variable rate mortgage products during August than in any other month of this year. Read More...

Many borrowers unaware of joint credit risks

Updated: 05th June 2017 - First Published: 18th September 2013 New research suggests that many borrowers don’t understand the risks involved with joint credit agreements when one partner fails to pay up. Read More...

House prices up 3.3% in July

Updated: 18th September 2013 - First Published: 18th September 2013 The price of the average home in the UK rose by 3.3% to £245,000 in the 12 months to July, according to the latest official statistics. Read More...

Consumers confident house prices will rise

Updated: 16th September 2013 - First Published: 16th September 2013 Most consumers (over 60%) believe that house prices will continue to rise over the coming year – the highest proportion since the Building Societies Association (BSA) began tracking consumer sentiment back in 2008. Read More...

Govt urged to limit house price boom

Updated: 13th September 2013 - First Published: 13th September 2013 One of the UK’s leading surveyors’ groups has urged the Government to stop house prices rising by more than 5%. Read More...

Chelsea slashes 90% LTV mortgage rate

Updated: 13th September 2013 - First Published: 13th September 2013 Chelsea Building Society has cut rates across its fixed mortgage range by up to 0.75%. Read More...

FTBs driving mortgage market growth

Updated: 12th September 2013 - First Published: 12th September 2013 Gross mortgage lending rose 29% year-on-year in July to £14.9 billion, boosted by a surge in first-time buyer (FTB) loans. Read More...

Help to Buy an ‘unqualified success’

Updated: 10th September 2013 - First Published: 10th September 2013 Help to Buy reservations had climbed to 12,500 by the end of August – five months after its launch on 1 April. Read More...

Audio: FLS only helped those with large deposits

Updated: 10th September 2013 - First Published: 10th September 2013 Sylvia points out that while the number of mortgage products for borrowers with large deposits has increased significantly, products targeted at those with only a 5% deposit – usually first-time buyers – have seen only marginal rises. Read More...

Top 6 first-time buyer mortgages

Updated: 06th September 2013 - First Published: 06th September 2013 First-time buyer lending has surged in recent months, with the latest industry figures showing that borrowing to this group has now reached pre-credit crunch levels. Read More...

FTB numbers soar to pre-crisis levels

Updated: 06th September 2013 - First Published: 06th September 2013 First-time buyer (FTB) transactions in July climbed to pre-credit crunch levels, according to the latest report from LSL Property Services. Read More...

HSBC pledges help to first-time buyers

Updated: 03rd September 2013 - First Published: 03rd September 2013 HSBC has promised to offer “unbeatable” high-street mortgage rates to first-time buyers. Read More...

‘MMR won’t stop people getting a mortgage’

Updated: 02nd September 2013 - First Published: 02nd September 2013 Lenders are confident that the new affordability checks, due to be introduced in April next year, won’t prevent aspiring homeowners from getting a mortgage. Read More...

House prices surge 3.5% in August

Updated: 30th August 2013 - First Published: 30th August 2013 House prices in August rose 3.5% when compared to a year ago, according to Nationwide Building Society’s latest House Price Index. Read More...

Big 6 lenders lose market share

Updated: 09th June 2017 - First Published: 28th August 2013 New data reveals that the UK’s top six lenders lost some of their market share during 2012, suggesting that competition is returning to the sector. Read More...

Mortgage lending at 5-year high

Updated: 21st August 2013 - First Published: 21st August 2013 Mortgage lending soared to a five-year high last month, the latest industry figures have revealed. Read More...

Noisy neighbours scare off would-be buyers

Updated: 22nd August 2013 - First Published: 19th August 2013 When it comes to purchasing a new home, prospective buyers are most put off by factors beyond the seller’s control, according to new research. Read More...

Mortgages at most affordable for 14 years

Updated: 19th August 2013 - First Published: 19th August 2013 Mortgages are at their most affordable in 14 years, according to new research by Halifax that examined repayments in proportion to income. Read More...

New build homes up 6%

Updated: 15th August 2013 - First Published: 15th August 2013 Latest figures showing a 6% rise in the number of new build homes being built have confirmed that the housing market has finally turned a corner following the credit crunch, the Government has announced. Read More...

House prices climbing higher

Updated: 13th August 2013 - First Published: 13th August 2013 House prices in June were 3.1% higher compared to a year ago, according to official figures released today by the Office for National Statistics. Read More...

FTBs driving mortgage market growth

Updated: 12th August 2013 - First Published: 12th August 2013 First-time buyers (FTBs) continued to drive the growth in the mortgage market during the second quarter of this year, with lending to those purchasing their first home hitting its highest quarterly total since 2007. Read More...

House prices at all-time high

Updated: 09th August 2013 - First Published: 09th August 2013 House prices climbed to an all-time high in July, surpassing the previous peak reached at the height of the housing boom in February 2008. Read More...

Home repossessions at 6-year low

Updated: 09th August 2013 - First Published: 08th August 2013 The number of homes repossessed in the second quarter of 2013 fell to the lowest level in almost six years. Read More...

OFT to investigate ‘quick house sale’ firms

Updated: 07th August 2013 - First Published: 07th August 2013 Homeowners have been warned about the ‘unscrupulous’ practices of some companies that promise to sell their house quickly. Read More...

Return of the sub-prime mortgage

Updated: 07th August 2013 - First Published: 07th August 2013 A new lender has become the first provider since the credit crunch to launch mortgages for sub-prime borrowers. Read More...

House prices up 4.6%

Updated: 06th August 2013 - First Published: 06th August 2013 House prices increased by a significant 4.6% in the three months to July when compared to a year ago, Halifax’s latest House Price Index reveals. Read More...

Protect your home from fraud

Updated: 06th August 2013 - First Published: 06th August 2013 Homeowners have been urged to protect themselves from fraudsters by making sure their property is registered with the Land Registry. Read More...

FLS impact on the mortgage market, one year on

Updated: 01st August 2013 - First Published: 31st July 2013 Latest research by Moneyfacts.co.uk has found low-risk borrowers with deposits of up to 40%, continue to be the main beneficiaries of cheaper credit under the Government’s Funding for Lending Scheme (FLS). Read More...

First-time buyer levels remain strong

Updated: 30th July 2013 - First Published: 30th July 2013 The number of people buying a home for the first time rose by 19% during the first six months of 2013, compared with the same period last year. Read More...

Gross mortgage borrowing remains strong

Updated: 23rd July 2013 - First Published: 23rd July 2013 Total gross lending to mortgage borrowers remained above the six-month average during June this year, as buyers continued to take advantage of low mortgage rates and wider credit availability. Read More...

Record amount of remortgage equity withdrawn

Updated: 23rd July 2013 - First Published: 23rd July 2013 Figures released today have revealed remortgage borrowers took out a record amount of equity in their homes during June. Read More...

Santander launches Help to Buy mortgages

Updated: 04th August 2017 - First Published: 22nd July 2013 Santander has unveiled its range of mortgage products available as part of the Government’s Help to Buy scheme. Read More...

Housing growth set to improve

Updated: 22nd July 2013 - First Published: 22nd July 2013 Growth in the housing market is expected to increase at a steadier rate than initially predicted, according to a new study by Savills. Read More...

Second charge lending increases to four-year high

Updated: 18th July 2013 - First Published: 18th July 2013 Second charge mortgage lending exceeded £40 million for the third consecutive month during June this year, climbing to over £41 million, latest figures have shown. Read More...

Mortgage lending grows annually by 26%

Updated: 18th July 2013 - First Published: 18th July 2013 Figures released today have suggested that total gross mortgage lending increased to £15 billion during June this year, as market conditions and interest from buyers continued to improve. Read More...

Help to Buy hailed an ‘instant hit’

Updated: 17th July 2013 - First Published: 17th July 2013 The number of new-build properties reserved under the Government's Help to Buy Scheme has hit almost 7,000, three months after its launch, the housing minister announced yesterday. Read More...

House prices up 4.8% yearly

Updated: 15th July 2013 - First Published: 15th July 2013 Rising house prices have added nearly £12,000 to the value of the average home over the last year, according to Rightmove’s latest figures. Read More...

First-time buyer lending up 42%

Updated: 12th July 2013 - First Published: 12th July 2013 Lending to first-time-buyers (FTBs) increased significantly in May, according to data from the Council of Mortgage Lenders (CML). Read More...

House prices expected to rise

Updated: 09th July 2013 - First Published: 09th July 2013 A recent survey reveals surveyors across the country believe house prices will keep on rising over the next 12 months. Read More...

FCA 'concerned' about BOI rate hike

Updated: 08th July 2013 - First Published: 08th July 2013 The Financial Conduct Authority (FCA) has said that it is concerned about the impact the Bank of Ireland (BoI) rate hike is having on consumers. Read More...

Mortgage approvals rise to three-year high

Updated: 04th July 2013 - First Published: 04th July 2013 The latest House Price Index from Halifax has found the number of successfully approved house purchase mortgages rose by 7% between April and May this year, reaching the highest monthly level since September 2009. Read More...

Lending to first-time buyers soars by 50%

Updated: 02nd July 2013 - First Published: 02nd July 2013 Over 32,000 people achieved the dream of purchasing their first home during the first five months of this year, with total lending from building societies rising annually by 50%. Read More...

Eager buyers snap up homes

Updated: 01st July 2013 - First Published: 01st July 2013 New figures have shown demand and interest from prospective house buyers remains strong. Read More...

House prices rise again

Updated: 28th June 2013 - First Published: 28th June 2013 The price of an average property in the UK increased by 0.3% during June, reaching £168,941, the highest level seen since July 2011. Read More...

Second-time buyers trapped by negative equity

Updated: 27th June 2013 - First Published: 27th June 2013 Thousands of prospective second-time buyers are unable to move up the property ladder due to their property being in negative equity and sky high moving costs. Read More...

Mortgage activity remains strong in May

Updated: 25th June 2013 - First Published: 25th June 2013 The mortgage market showed further signs of recovery last month as approval levels and borrowing figures continued to climb. Read More...

Remortgage lending continues to grow

Updated: 25th June 2013 - First Published: 25th June 2013 Remortgage lending continued on its upward trajectory during April this year, increasing by 17% to £3.9 billion, according to new research published today. Read More...

FTBs boosted by affordable housing schemes

Updated: 24th June 2013 - First Published: 24th June 2013 The latest Halifax Affordable Housing Review has revealed first-time buyers accounted for 65% of all house purchases carried out via affordable housing schemes over the past twelve months. Read More...

True cost of mortgages ‘misunderstood’

Updated: 20th November 2017 - First Published: 21st June 2013 The study by Which? found that when asked to rank five two-year fixed rate mortgages in order of total cost over two years, which included monthly repayment costs and arrangement fees, 90% of those questioned struggled to rank the products correctly Read More...

Gross mortgage lending rises by 21%

Updated: 20th June 2013 - First Published: 20th June 2013 Gross mortgage lending increased to the highest level since 2008, according to latest statistics released by the Council of Mortgage Lenders (CML). Read More...

Remortgage lending grows to five-month high

Updated: 14th June 2013 - First Published: 14th June 2013 Figures released by the Council of Mortgage Lenders (CML) have revealed a rise in the volume of remortgage loans approved during April this year. Read More...

First-time buyer choice falls

Updated: 12th June 2013 - First Published: 12th June 2013 It is generally agreed that the housing market is the golden goose that will kick start the economy, but to do that lenders must start lending again. Read More...

Property transactions reach new high

Updated: 11th June 2013 - First Published: 11th June 2013 House buyers returned to the housing market during the three months to May this year, as property sales climbed to the highest level since January 2010. Read More...

Home movers dependent on financial assistance

Updated: 10th June 2013 - First Published: 10th June 2013 Over a quarter (26%) of existing homeowners have claimed they would be unable to move home without the financial support of friends or relatives, according to research commissioned by the Council of Mortgage Lenders (CML). Read More...

High demand for Equity Loan scheme

Updated: 07th June 2013 - First Published: 07th June 2013 The Equity Loan part of the Government’s Help to Buy scheme has got off to a ‘flying start’, according to new figures released by the Home Builders’ Federation (HBF). Read More...

First-time buyer activity improves

Updated: 06th June 2013 - First Published: 06th June 2013 The number of transactions carried out by first-time buyers increased by an impressive 15% between March and April this year, as mortgage product choice improved and rates dropped. Read More...

House prices rise by 2.6%

Updated: 06th June 2013 - First Published: 06th June 2013 The price of an average property in the UK rose by 2.6% between May 2012 and 2013, according to the latest Halifax House Price Index. Read More...

NewBuy completion numbers drop by 17%

Updated: 04th June 2013 - First Published: 04th June 2013 Numbers of house purchases completed under the Government’s NewBuy Guarantee Scheme reduced by 17% during the first three months of 2013, according to figures released today. Read More...

Rise in remortgage approvals

Updated: 03rd June 2013 - First Published: 03rd June 2013 The number of successfully approved remortgage applications rose during April this year, with 30,313 loans advanced compared with 30,183 in January. Read More...

Lending by mutuals continues to rise

Updated: 31st May 2013 - First Published: 31st May 2013 Gross mortgage lending by building societies grew to £3.2 billion during last month, representing an annual increase of 55% since April 2012. Read More...

Rise in house prices during May

Updated: 30th May 2013 - First Published: 30th May 2013 UK house prices have continued their upward trajectory during the course of this month, rising by 0.4% to £167,912. Read More...

Repossession levels fall across UK

Updated: 30th May 2013 - First Published: 30th May 2013 Figures released by the Land Registry today have revealed a 28% annual decline in the number of homes repossessed during February this year. Read More...

Drop in supply fuels house price growth

Updated: 29th May 2013 - First Published: 29th May 2013 The price of a typical home in England and Wales has grown by 0.4% so far this month, the largest monthly increase for six years, according to the latest Housing Market Survey by Hometrack. Read More...

Average asking prices increase

Updated: 23rd May 2013 - First Published: 23rd May 2013 Property prices in England have grown to an average of £235,101, according to new research by the property website, Move with Us. Read More...

Average house price edges up

Updated: 21st May 2013 - First Published: 21st May 2013 The value of an average property in the UK increased annually by 2.7% during March this year, according to new figures released by the Office for National Statistics (ONS). Read More...

Mortgage applications increase by 54%

Updated: 21st May 2013 - First Published: 21st May 2013 The number of mortgage applications submitted by prospective borrowers during April this year grew by 54%, according to figures released by the Mortgage Advice Bureau. Read More...

Mortgage lending up by 21% year-on-year

Updated: 21st May 2013 - First Published: 21st May 2013 Gross mortgage lending has risen since April 2012 by an estimated 21%, according to new data released by the Council of Mortgage Lenders (CML). Read More...

King issues warning on Help to Buy scheme

Updated: 20th May 2013 - First Published: 20th May 2013 The Governor of the Bank of England, Sir Mervyn King, has claimed there is “no place in the long run” for the Government’s Help to Buy scheme. Read More...

Right to Buy property sales on the up

Updated: 17th May 2013 - First Published: 17th May 2013 The number of local authority homes purchased by occupiers increased during the final quarter of 2012 to four times the level seen in the same period twelve months ago. Read More...

First-time buyer lending rises by 20%

Updated: 15th May 2013 - First Published: 15th May 2013 The number of home loans approved to people purchasing their first property climbed by monthly by 20% during March, latest figures from the Council of Mortgage Lenders (CML) have found. Read More...

Valuation activity soars

Updated: 14th May 2013 - First Published: 14th May 2013 The number of surveys carried out on first-time buyer homes rose to its highest level since 2007 during April, according to latest figures. Read More...

Mortgage market criticised for lack of innovation

Updated: 13th May 2013 - First Published: 13th May 2013 Homeowners across the UK have called for the introduction of more innovative mortgage products to assist borrowers. Read More...

Property prices continue to rise

Updated: 08th May 2013 - First Published: 08th May 2013 Figures released by the mortgage lender Halifax have revealed a quarterly increase in UK property prices. Read More...

Interest-only borrowers issued with wake-up call

Updated: 02nd May 2013 - First Published: 02nd May 2013 Hundreds of thousands of homeowners may not be able to afford to pay off the final part of their interest-only mortgage when it matures, the Financial Conduct Authority (FCA) has warned. Read More...

Top 3 ten-year fixed rate mortgages

Updated: 01st May 2013 - First Published: 01st May 2013 At a time of ongoing uncertainty in the mortgage and housing market, ten-year fixed rate mortgages can offer borrowers the reassurance of paying a set monthly amount over a long-term period. Read More...

Little change to average house price

Updated: 01st May 2013 - First Published: 01st May 2013 The average UK house price remained relatively unchanged between March and April this year, rising annually by just 0.9%. Read More...

Mortgage lending from mutuals remains strong

Updated: 30th April 2013 - First Published: 30th April 2013 Gross mortgage lending from building societies grew annually by 8% to over £2.9 billion during March, according to latest data from the Building Societies’ Association (BSA). Read More...

Homeowners confident at price increases

Updated: 30th April 2013 - First Published: 30th April 2013 A much-needed air of optimism appears to be returning to the housing market, as a new study shows over 90% of homeowners believe their home is worth either the same or more than its original purchase value. Read More...

New build values on the rise

Updated: 29th April 2013 - First Published: 29th April 2013 The average value of a new build home has increased over the past five years by 12% to £233,822, according to research by the mortgage lender Halifax. Read More...

Mortgage approval levels rise

Updated: 25th April 2013 - First Published: 25th April 2013 The number of mortgage applications successfully approved increased during March, according to new figures from the British Bankers’ Association (BBA). Read More...

Number of five-year fixed-rate deals up by 73%

Updated: 24th April 2013 - First Published: 24th April 2013 New research by Moneyfacts.co.uk has revealed a 73% surge in the number of five-year fixed-rate mortgage products over the past year. Read More...

Osborne set to extend FLS

Updated: 22nd April 2013 - First Published: 22nd April 2013 The Chancellor, George Osborne, is expected to increase the Funding for Lending Scheme (FLS) over the coming weeks to provide a boost in lending to small businesses. Read More...

Santander to contact 270,000 over SVR changes

Updated: 19th April 2013 - First Published: 19th April 2013 Over 270,000 Santander mortgage customers will receive details of an increase to the lender’s standard variable rate (SVR) cap after being sent “unclear” information at the time of the changes five years ago. Read More...

Gross mortgage lending increases

Updated: 19th April 2013 - First Published: 19th April 2013 Gross mortgage lending is estimated to have risen by 9% during March, according to latest figures from the Council of Mortgage Lenders (CML). Read More...

Concerns about ‘quick house sale’ businesses

Updated: 18th April 2013 - First Published: 18th April 2013 The Office of Fair Trading (OFT) has begun a study into companies offering quick sales on properties, amid concerns that some vendors may receive less for their home than it is actually worth. Read More...

Fixed-rate mortgages remain firm favourite

Updated: 17th April 2013 - First Published: 17th April 2013 New figures have revealed 92% of mortgage borrowers took out a fixed-rate mortgage during March this year, as lenders slashed their mortgage rates to record lows. Read More...

Homeowners support shared equity schemes

Updated: 16th April 2013 - First Published: 16th April 2013 A nationwide survey has revealed 79% of homeowners are frustrated with the lack of choice in the mortgage market and want their mortgage lender to offer more innovative products. Read More...

First-time buyer lending improves in February

Updated: 15th April 2013 - First Published: 15th April 2013 The first-time buyer mortgage sector showed signs of an up-turn during February, with advances issued to those entering the property market accounting for 43% of all home loans taken out. Read More...

Valuation levels rise to six-year high

Updated: 12th April 2013 - First Published: 12th April 2013 The number of valuations made on residential homes rose annually by 24% during March, reaching the highest level since 2007. Read More...

45% believe house prices will rise over next year

Updated: 11th April 2013 - First Published: 11th April 2013 A survey by Halifax has uncovered a renewed sense of optimism in the housing market, with nearly half of people anticipating an increase in house prices over the forthcoming year. Read More...

Interest from house-hunters improves

Updated: 10th April 2013 - First Published: 10th April 2013 The number of people expressing an interest in buying a home rose during March, according to new figures released by the Royal Institution for Chartered Surveyors (RICS). Read More...

Mortgage fees climb to 25-year high

Updated: 09th April 2013 - First Published: 09th April 2013 The average mortgage arrangement fee has risen to £1,522, the highest figure ever recorded by Moneyfacts.co.uk. Read More...

House prices on the up

Updated: 28th June 2017 - First Published: 05th April 2013 The latest House Price Index published by Halifax has indicated some marginal improvements in the UK housing market during March with the value of an average home reaching £163,943. Read More...

Average yearly mortgage payments drop by 21%

Updated: 03rd April 2013 - First Published: 03rd April 2013 Typical annual mortgage costs have fallen by nearly a quarter over the past five years, according to latest research by Halifax. Read More...

Building societies increase mortgage lending

Updated: 03rd April 2013 - First Published: 03rd April 2013 Gross mortgage lending from building societies continued to grow during February, reaching £2,465 million and reflecting an annual rise of 29%, according to latest figures issued by the Building Societies Association (BSA). Read More...

First-time buyer lending rises by 24%

Updated: 15th March 2013 - First Published: 15th March 2013 The number of home loans advanced to people entering the property market for the first time rose annually by 24% during January, despite weeks of bad weather. Read More...

Top 5 cracking two-year fixed rate mortgages

Updated: 13th March 2013 - First Published: 13th March 2013 Two-year fixed rate mortgages offer borrowers the peace of mind of paying a set monthly repayment for a medium-term. Research by Moneyfacts.co.uk has found that the average two-year fixed rate has fallen from 4.82% in February 2010 to 4.11% today. Read More...

First-time buyer activity levels at four-year high

Updated: 11th March 2013 - First Published: 11th March 2013 First-time buyers appear to be dipping their toes back into the waters of the mortgage market, with levels of activity in the sector climbing to the highest level for four years during February 2013. Read More...

House prices rise in February

Updated: 06th March 2013 - First Published: 06th March 2013 The average price of a home in the UK rose monthly by 0.5% during February to £163,600, latest figures from Halifax have revealed. Read More...

HSBC reduces tracker mortgage rate

Updated: 04th March 2013 - First Published: 04th March 2013 HSBC has reduced its variable tracker rate by 0.10%, asserting its position in the variable rate best buy tables. Read More...

House prices remain flat

Updated: 01st March 2013 - First Published: 01st March 2013 The price of the average home in the UK rose by 0.2% during February, according to the latest Nationwide Building Society House Price Index. Read More...

Hinckley & Rugby BS reduces discount rate

Updated: 01st March 2013 - First Published: 01st March 2013 0.29% to its already competitive two-year discounted mortgage sees Hinckley & Rugby Building Society retain its position at the top of the market. Read More...

House repossessions fall, whilst sales rise

Updated: 28th February 2013 - First Published: 28th February 2013 Figures released by the Land Registry have revealed an 11% annual fall in the number of homes repossessed in November last year, down from 1,777 in 2011 to 1,589. Read More...

N&P launches 5 star mortgage

Updated: 20th June 2017 - First Published: 26th February 2013 Norwich & Peterborough Building Society has launched a market-leading two-year fixed rate mortgage, available to purchase and remortgage customers with deposits of 40% and over. Read More...

Mortgage approval and borrowing levels fall

Updated: 26th February 2013 - First Published: 25th February 2013 Weeks of bad weather disrupted the UK’s property market during the first month of this year, pushing down the number of mortgage approvals and gross borrowing, according to latest figures released by the British Bankers’ Association (BBA). Read More...

Remortgage levels drop in 2012

Updated: 25th February 2013 - First Published: 25th February 2013 Levels of activity in the UK’s remortgage market remained in a rather subdued state during last year, according to a new report by Lloyds Banking Group. Read More...

5 star mortgage launched by Leek United BS

Updated: 11th May 2017 - First Published: 20th February 2013 Leek United Building Society has issued a market-leading two-year fixed rate mortgage available directly to borrowers with deposits of 25% and over. Read More...

Mortgage rates in ‘freefall’

Updated: 20th February 2013 - First Published: 20th February 2013 Average mortgage rates have fallen to their lowest levels ever, particularly within the fixed-rate market, bringing some welcome news to thousands of frustrated borrowers who have previously found themselves priced out of the market. Read More...

The Co-op enhances five-year fixed mortgage

Updated: 19th February 2013 - First Published: 19th February 2013 The Co-operative Bank has removed the £999 arrangement fee on its five-year fixed rate mortgage, heightening its appeal to borrowers with deposits of 40% and over. Read More...

House prices soar to five-year high

Updated: 18th February 2013 - First Published: 18th February 2013 New sellers increased their house prices by 2.8% this month, boosting the average property price to £235,741, its highest level recorded during February since the peak of the credit crisis in 2008, according to latest research. Read More...

RBS to offer NewBuy mortgages via brokers

Updated: 18th February 2013 - First Published: 18th February 2013 Royal Bank of Scotland has announced it will offer NewBuy mortgage products through its intermediary channel for the first time, to help first-time buyers achieve a foot-hold on the property ladder. Read More...

Home repossessions fall to five-year low

Updated: 14th February 2013 - First Published: 14th February 2013 The number of properties repossessed by residential mortgage lenders dropped to the lowest level since 2007 during the last quarter of last year, according to latest figures from the Council of Mortgage Lenders (CML). Read More...

Top 3 cracking ten-year fixed rate mortgages

Updated: 15th February 2013 - First Published: 14th February 2013 At a time of ongoing uncertainty in the mortgage and housing market, ten-year fixed rate mortgages can offer borrowers the peace of mind of knowing they will have a set monthly repayment amount over a long-term period. Read More...

N&P launches ten-year best buy mortgage

Updated: 12th February 2013 - First Published: 12th February 2013 Norwich & Peterborough Building Society has issued a highly competitive ten-year mortgage available to borrowers with deposits of 25% and over. Read More...

5 Star mortgage from Furness BS

Updated: 12th February 2013 - First Published: 12th February 2013 Furness Building Society has reviewed its mortgage range, with the market-leading three-year fixed rate entering the Moneyfacts Best Buys. Read More...

Stellar two-year mortgage from ING Direct

Updated: 11th February 2013 - First Published: 11th February 2013 ING Direct has reduced the rate on its two-year fixed rate mortgage, which pushes this product into prime position in the Moneyfacts Best Buy tables. Read More...

Stellar 90% mortgage from Hanley Economic BS

Updated: 09th October 2017 - First Published: 08th February 2013 Hanley Economic Building Society has launched a stellar fixed rate mortgage for those with low deposits of only 10%. Read More...

Mortgage debt grows by 88%

Updated: 05th February 2013 - First Published: 05th February 2013 The value of the UK’s mortgage debt grew by 88% between 2002 and 2012, according to latest research by Halifax. Read More...

Post Office launch 5-star mortgage

Updated: 05th February 2013 - First Published: 01st February 2013 Post Office has launched a highly competitive five-year fixed rate mortgage available to borrowers with deposits of 25% and over. Read More...

HSBC unveils top variable mortgage

Updated: 01st February 2013 - First Published: 01st February 2013 HSBC has launched a market-leading variable tracker rate mortgage available to borrowers with deposits of 40% and over. Read More...

Market Harborough BS launches best buy mortgage

Updated: 28th January 2013 - First Published: 28th January 2013 Market Harborough Building Society has launched a highly competitive two-year fixed rate mortgage for borrowers with deposits of 20% and over. Read More...

N&P issues 5-star fixed-rate mortgage

Updated: 28th January 2013 - First Published: 28th January 2013 Norwich & Peterborough Building Society has launched a two-year fixed rate mortgage to borrowers with deposits of 40% and over. Read More...

First Time Buyer schemes - your options

Updated: 25th January 2013 - First Published: 25th January 2013 Often dubbed the ‘life-blood of the mortgage market’, first-time buyers have experienced a tough time of late. Read More...

Marsden BS launches 5 star mortgage

Updated: 25th January 2013 - First Published: 24th January 2013 Marsden Building Society has amended its discounted variable rate mortgage, asserting its position in the market. Read More...

Chelsea BS triumphs with 5-star mortgage

Updated: 23rd January 2013 - First Published: 23rd January 2013 Chelsea Building Society has launched a highly competitive two-year fixed rate mortgage, available to borrowers with deposits of 40% and over. Read More...

House sales improve during 2012

Updated: 22nd January 2013 - First Published: 22nd January 2013 The percentage of successfully completed property sales in the UK rose by 5% last year, as activity in the housing market improved. Read More...

Halifax exits self-build mortgage market

Updated: 15th May 2017 - First Published: 22nd January 2013 One of the UK’s biggest mortgage lenders, Halifax, has announced it is to withdraw from the self-build mortgage market due to a fall in demand from borrowers. Read More...

Mortgage lending drops in December

Updated: 21st January 2013 - First Published: 21st January 2013 Gross mortgage lending suffered a 7% monthly fall in December last year, according to latest data released by the Council of Mortgage Lenders (CML). Read More...

Loughborough BS launches two-year best buy

Updated: 16th January 2013 - First Published: 16th January 2013 Loughborough Building Society has launched a competitive two-year fixed rate mortgage aimed at borrowers with deposits of 20% or more. Read More...

Mortgage lending boosted by first-time buyers

Updated: 17th January 2013 - First Published: 16th January 2013 Increased lending to people taking their first steps onto the property ladder helped to boost the overall mortgage market during November last year, according to new statistics. Read More...

Yorkshire BS launches 5 star best buy mortgage

Updated: 11th January 2013 - First Published: 10th January 2013 Yorkshire Building Society has launched a stellar two-year fixed rate mortgage for borrowers with at least a 40% deposit. Read More...

Leeds BS revamps two-year mortgage

Updated: 04th January 2013 - First Published: 04th January 2013 A series of enhancements has seen the two-year fixed mortgage from Leeds Building Society jump into the best buy tables. Read More...

Nottingham BS offers 3-year market leader

Updated: 31st December 2012 - First Published: 31st December 2012 Nottingham Building Society has reduced rates across its mortgage range, pushing its three-year discounted variable deal for borrowers with deposits of 10% or more to the top of the market. Read More...

Hanley Economic BS launches 95% LTV deal

Updated: 27th December 2012 - First Published: 27th December 2012 Hanley Economic Building Society has launched an attractive five-year fixed rate mortgage exclusively for first-time buyers. Read More...

first direct launch 5-star mortgage

Updated: 21st December 2012 - First Published: 21st December 2012 A highly competitive variable-rate mortgage has been launched by first direct, available to purchase borrowers. Read More...

Market Harborough BS launches 5-star mortgage

Updated: 19th December 2012 - First Published: 19th December 2012 Market Harborough BS has reduced its already competitive three-year fixed rate mortgage, boosting its position within the best buy tables. Read More...

Nottingham BS launches five-year best buy

Updated: 30th November 2012 - First Published: 30th November 2012 Nottingham Building Society has entered the best buy tables with a new highly competitive five-year mortgage deal. Read More...

HSBC launches top two-year mortgage

Updated: 30th November 2012 - First Published: 30th November 2012 HSBC has launched an extremely competitive two-year fixed rate mortgage, available via direct business only. Read More...

The Co-op Bank serves up top ten-year deal

Updated: 23rd November 2012 - First Published: 23rd November 2012 The Co-operative Bank has reduced its ten-year mortgage by 0.50%, propelling it to the top of the best buy tables. Read More...

Leeds BS reveals winning two-year mortgage

Updated: 22nd November 2012 - First Published: 22nd November 2012 Leeds Building Society has reduced selected rates across its fixed rate range, resulting in its two-year deal leaping to the top of the market. Read More...

I’m a first-time buyer….get me out of here!

Updated: 16th November 2012 - First Published: 16th November 2012 It’s something of an understatement to say that the financial crisis turned the mortgage world on its head. Read More...

Santander reaches out to first-time buyers

Updated: 16th November 2012 - First Published: 16th November 2012 Santander has introduced a competitive variable tracker mortgage to its range, aimed specifically at buyers taking their first steps onto the property ladder. Read More...

Market Harborough BS leaps into discount market

Updated: 16th November 2012 - First Published: 16th November 2012 Market Harborough Building Society has launched a three-year variable discounted mortgage available to borrowers with deposits of 20% and over. Read More...

Skipton BS hits top spot with 5 star deal

Updated: 15th November 2012 - First Published: 15th November 2012 A rate reduction of 0.20% has seen Skipton Building Society’s ten-year fixed mortgage soar into the best buy tables. Read More...

Fly the nest - 14 best first-time buyer mortgages

Updated: 14th August 2017 - First Published: 13th November 2012 Often considered to be the life-blood of the mortgage market, first-time buyers have suffered immensely from high rates, harsh lending criteria and a general lack of choice in the high LTV market. Read More...

Check the small print when it comes to CAMs

Updated: 12th November 2012 - First Published: 09th November 2012 Current account mortgages, or CAMs as they are also known, are a relatively new and niche type of mortgage. Read More...

Market Harborough BS launch winning mortgage

Updated: 29th October 2012 - First Published: 29th October 2012 Market Harborough Building Society has launched a market-leading three-year fixed rate mortgage to borrowers with deposits of 20% and over. Read More...

ING Direct boosts discount tracker rate

Updated: 26th October 2012 - First Published: 26th October 2012 ING Direct has reduced rates across its tracker mortgage range, helping its two-year deal to assert its position in the market. Read More...

Cumberland BS mortgage comes up trumps

Updated: 26th October 2012 - First Published: 26th October 2012 Cumberland Building Society has reduced its three-year discounted variable mortgage rate by 0.20%, pushing it higher into the best buy tables. Read More...

Stellar 5-year mortgage from Nationwide

Updated: 25th October 2012 - First Published: 24th October 2012 Nationwide Building Society has reduced rates across its mortgage range, with the five-year variable tracker option the pick of the bunch. Read More...

Search online for the best mortgage

Updated: 25th October 2012 - First Published: 24th October 2012 Consumers across the country are increasingly going online to search for the best mortgage deals. Read More...

Tesco Bank mortgage tops market

Updated: 19th October 2012 - First Published: 19th October 2012 Rate reductions within its fixed rate range has resulted in Tesco Bank’s two year mortgage deal racing to the top of the best buy tables. Read More...

Best Buy mortgage from Loughborough

Updated: 17th October 2012 - First Published: 17th October 2012 Loughborough Building Society has entered the Moneyfacts Best Buy charts with its competitive three-year fixed rate mortgage. Read More...

House prices rise by 1.8%

Updated: 16th October 2012 - First Published: 16th October 2012 Official figures show that house prices rose by 1.8% in the 12 months to August, down from a 2% increase in July. Read More...

Cracking five-year from Yorkshire BS

Updated: 16th October 2012 - First Published: 16th October 2012 Yorkshire Building Society has reduced selected fixed mortgage rates, with the five-year deal entering the Moneyfacts Best Buy charts. Read More...

Asking prices witness post-Olympic surge

Updated: 15th October 2012 - First Published: 15th October 2012 The housing market witnessed a post-Olympic rebound between September and October, with asking prices jumping by 3.5% from the previous month. Read More...

Awesome offset deal launched by Hinckley & Rugby

Updated: 12th October 2012 - First Published: 12th October 2012 Hinckley & Rugby Building Society has launched an attractive discounted variable mortgage, offering borrowers the opportunity to offset their mortgage against their savings pot. Read More...

Government allocates £40 million for FirstBuy

Updated: 12th October 2012 - First Published: 12th October 2012 The first allocation of the FirstBuy programme has been announced by the Housing Minister Mark Prisk, following an additional £280 million last month. Read More...

Mortgage lending ‘weighed down’ in August

Updated: 12th October 2012 - First Published: 12th October 2012 Overall lending was suppressed by continued poor levels of remortgage lending during August, with just 22% of gross lending during August advanced to remortgage borrowers. Read More...

Home loans nose-dive by 7%

Updated: 12th October 2012 - First Published: 12th October 2012 The Government’s Funding for Lending Scheme struggled to make an impact on the mortgage market last month, as the number of approved home loans fell to 47,603. Read More...

Former cabinet secretary calls for LTV capping

Updated: 12th October 2012 - First Published: 12th October 2012 Mortgage loan-to-values (LTVs) should be capped to control individual lending, according to the former cabinet secretary Lord O’Donnell. Read More...

The Co-operative Bank thrills with three-year rate

Updated: 10th October 2012 - First Published: 10th October 2012 Following a series of rate reductions, The Co-operative Bank’s newly reduced three-year fixed rate mortgage sits comfortably within the market-leaders. Read More...

Surveyors predict sunny outlook for housing market

Updated: 09th October 2012 - First Published: 09th October 2012 Property sales expectations amongst chartered surveyors reached their highest level last month since May 2010, despite September proving to be a rather flat month for house prices and transactions. Read More...

Homeowners confident prices will rise

Updated: 08th October 2012 - First Published: 08th October 2012 Nearly two thirds (63%) of British homeowners expect house prices to rise over the next six months, according to property website Zoopla. Read More...

Yorkshire BS fixed rate hits top spot

Updated: 05th October 2012 - First Published: 05th October 2012 A review of Yorkshire Building Society’s fixed mortgage range has asserted its already market-leading two-year deal into pole position. Read More...

Nationwide BS pulls out of interest-only market

Updated: 05th October 2012 - First Published: 05th October 2012 Nationwide Building Society has confirmed it will no longer offer interest-only mortgages to new customers with effect from 11 October. Read More...

Shortage of high LTV mortgages post FLS

Updated: 05th October 2012 - First Published: 05th October 2012 High loan-to-value (LTV) mortgages are still few and far between, more than two months after the Government’s Funding for Lending Scheme (FLS) was launched. Read More...

Over-priced homes deterring buyers

Updated: 04th October 2012 - First Published: 04th October 2012 House sellers are running the risk of losing viewings and potential sales by pricing their homes too high. Read More...

UK house prices hit three-year low

Updated: 04th October 2012 - First Published: 04th October 2012 Latest statistics have revealed UK property prices dropped for the third consecutive month during September, hitting the lowest level since June 2009. Read More...

“Too early to judge FLS” says CML

Updated: 03rd October 2012 - First Published: 03rd October 2012 The Council of Mortgage Lenders (CML) has claimed it is too early to judge the full potential of the Government’s Funding for Lending Scheme (FLS). Read More...

House prices fall during September

Updated: 02nd October 2012 - First Published: 02nd October 2012 The average value of a UK home fell by 0.4% last month, to £163,964, in what is proving to be a tumultuous year for buyers and sellers alike. Read More...

First-time buyers trapped by high deposits

Updated: 02nd October 2012 - First Published: 02nd October 2012 Activity in the first-time buyer market showed little sign of improving during August, with transactions falling back to the same level as last year. Read More...

N&P shines with high LTV mortgage

Updated: 27th September 2012 - First Published: 27th September 2012 Norwich & Peterborough Building Society has reduced its two-year fixed deal by 0.30%, propelling it into the best buy tables. Read More...

Hanley Economic BS broadens discounted audience

Updated: 26th September 2012 - First Published: 25th September 2012 Hanley Economic Building Society has opened up its discounted variable mortgage at 4.19% to purchase customers as well as those wishing to remortgage. Read More...

Midsummer slump in mortgage lending

Updated: 25th September 2012 - First Published: 25th September 2012 Latest figures released by the British Bankers Association (BBA) reflect a continuingly sombre mortgage market with gross mortgage lending falling to £6.9 billon during August. Read More...

Rural homes more expensive

Updated: 21st September 2012 - First Published: 21st September 2012 Property prices in the country are outperforming those in urban areas, new research by Halifax has revealed. Read More...

NewBuy scheme hindered by high rates

Updated: 20th September 2012 - First Published: 20th September 2012 Unattainably high mortgage rates are restricting interest from borrowers and undermining the Government’s NewBuy scheme, the House Builders Association has claimed. Read More...

Mortgage lending remains stable

Updated: 20th September 2012 - First Published: 20th September 2012 Gross mortgage lending fell to 12.6 billion during August, just 1% lower than in July, according to latest estimates from the Council of Mortgage Lenders (CML). Read More...

First-time buyers suffer as house prices rise

Updated: 18th September 2012 - First Published: 18th September 2012 The average UK house price increased to £234,000 in July, reflecting an overall annual rise of 2%. Read More...

Sellers drop house prices to attract buyers

Updated: 17th September 2012 - First Published: 17th September 2012 UK house prices fell for the third consecutive month between August and September, as the nation was distracted by the London 2012 Olympic Games. Read More...

House prices up 2.6% in August

Updated: 14th September 2012 - First Published: 14th September 2012 House prices rose by 2.6% year-on-year in August, according to the latest LSL Property Services / Acadametrics House Price Index. Read More...

High LTVs return to mortgage market

Updated: 13th September 2012 - First Published: 13th September 2012 In August there was a surge of activity in the high loan-to-value (LTV) mortgage sector, with lenders launching more products aimed at those with smaller deposits, which should provide some much-needed relief for first-time buyers. Read More...

Gross mortgage lending boosted during July

Updated: 12th September 2012 - First Published: 12th September 2012 The housing market received a boost during July as more people moved home, providing an 8.5% increase to gross mortgage lending. Read More...

Lending for new mortgages remains subdued

Updated: 11th September 2012 - First Published: 11th September 2012 Total mortgage lending rose marginally during the second quarter of this year, according to latest figures. Read More...

House sales held firm during August

Updated: 11th September 2012 - First Published: 11th September 2012 Sales of homes remained steady during August, despite much of the nation being distracted by the Olympics. Read More...

Saving for a deposit is the biggest challenge

Updated: 11th September 2012 - First Published: 11th September 2012 First-time buyers need to save hard for up to ten years to afford a deposit for their first home, according to latest research. Read More...

NewBuy housing scheme hailed as a success

Updated: 10th September 2012 - First Published: 10th September 2012 The Government’s NewBuy scheme has helped 1,300 first-time buyers onto the housing ladder over the past six months, according to latest figures released by the Home Builders Federation (HBF). Read More...

Yorkshire BS unveils mortgage gem

Updated: 10th September 2012 - First Published: 07th September 2012 Yorkshire Building Society has launched a market-leading fixed rate mortgage, taking pride of place at the top of the two-year fixed market. Read More...

Regulations ‘stifling’ shared equity market

Updated: 07th September 2012 - First Published: 07th September 2012 Regulatory regimes are holding back buyers, according to Nationwide Building Society’s head of mortgage strategy and policy. Read More...

House prices ‘treading water’

Updated: 06th September 2012 - First Published: 06th September 2012 UK house prices dipped marginally by 0.4% between July and August, as the housing market remained subdued. Read More...

£280 million pumped into FirstBuy scheme

Updated: 10th March 2017 - First Published: 06th September 2012 Struggling first-time buyers have been given a boost with an extra £280 million injected into the FirstBuy scheme. Read More...

Planning permission laws relaxed

Updated: 06th September 2012 - First Published: 06th September 2012 Homeowners will be given more freedom to extend and improve their homes under new Government plans. Read More...

Mortgage fees hit record high

Updated: 05th September 2012 - First Published: 05th September 2012 The average mortgage arrangement fee has increased by a massive 70% since March 2008, according to latest research by Moneyfacts.co.uk. Read More...

Loughborough BS launches attractive mid-term deal

Updated: 04th September 2012 - First Published: 04th September 2012 Loughborough Building Society has revealed its latest three year mortgage, offering a rate of 3.15%. Read More...

First direct launches lowest 3 year mortgage

Updated: 03rd September 2012 - First Published: 03rd September 2012 First direct has launched a highly competitive fixed rate mortgage charging 2.74% for three years. Read More...

FTB mortgage sales up 53%

Updated: 03rd September 2012 - First Published: 03rd September 2012 The number of mortgages sold to first-time buyers (FTBs) increased dramatically between the second quarter of 2011 and the first quarter of 2012. Read More...

Prospective first-time buyer numbers up

Updated: 03rd September 2012 - First Published: 03rd September 2012 The property website Rightmove has revealed that 27% of people planning to buy a home in the next year will be doing so for the first time, up 23% on last year’s figures, but still a long way off the 40% level seen before the credit crunch. Read More...

Generous Halifax offers £500 to homebuyers

Updated: 24th July 2017 - First Published: 31st August 2012 The UK’s largest mortgage lender, Halifax, has announced it will offer homebuyers £500 to assist with the cost of moving home. Read More...

Largest rise in house prices since January 2010

Updated: 31st August 2012 - First Published: 31st August 2012 UK house prices rose by 1.3% during August, the largest increase in over two and a half years, offering some hope to beleaguered house sellers. Read More...

Building society lending on the up

Updated: 30th August 2012 - First Published: 30th August 2012 Building societies are going from strength to strength, as new figures show increases in market share and overall lending last month. Read More...

House prices remained subdued during July

Updated: 29th August 2012 - First Published: 29th August 2012 The average house price in England and Wales rose by just 0.8% between June and July, with the average home standing at £162,900. Read More...

Market remains tough for home movers

Updated: 28th August 2012 - First Published: 28th August 2012 Second-time buyers are experiencing a hard time as affordability and availability remain less than favourable. Read More...

Mortgage approvals fall year-on-year

Updated: 23rd August 2012 - First Published: 23rd August 2012 The number of mortgage applications successfully approved over the past year fell by 17%, despite a growth of 0.8% in net mortgage lending. Read More...

Santander to increase SVR by 0.50%

Updated: 23rd August 2012 - First Published: 23rd August 2012 Santander has announced it will increase its standard variable rate (SVR) by 0.50% to 4.74% with effect from October, impacting on thousands of its customers. Read More...

Fraudulent mortgage applications rise by a quarter

Updated: 22nd August 2012 - First Published: 22nd August 2012 The number of fraudulent mortgage applications has risen over the past year by 23%, as more cash-strapped consumers take drastic steps to gain mortgage approvals. Read More...

Leeds BS enhances mortgage deal

Updated: 23rd August 2012 - First Published: 22nd August 2012 A new rate of 3.00% has propelled Leeds Building Society’s two year discount deal to the top of the discounted buy-to-let market. Read More...

Competition amongst house sellers peaks

Updated: 20th August 2012 - First Published: 20th August 2012 As the nation’s attentions turned to the 2012 Olympic Games, house sellers dropped their asking prices by 2.4% during August in a bid to compete with the event and each other. Read More...

Call for expensive council houses to be sold

Updated: 20th August 2012 - First Published: 20th August 2012 Selling expensive council homes when they become vacant would raise billions of pounds a year and create new jobs, the think tank Policy Exchange has claimed. Read More...

Gross mortgage lending rises by 8%

Updated: 20th August 2012 - First Published: 20th August 2012 Total mortgage lending during July rose by 8% to £12.7 billion, offering some hope to potential borrowers. Read More...

Newcastle BS enters 95% LTV market

Updated: 20th August 2012 - First Published: 20th August 2012 Newcastle Building Society has launched a competitive five year mortgage paying 5.99% to 31.10.17. Read More...

House prices outweigh incomes

Updated: 17th August 2012 - First Published: 17th August 2012 The gaping void between house prices and the average income has grown dramatically over the past ten years, dashing the hopes of potential buyers. Read More...

House prices expected to tumble

Updated: 14th August 2012 - First Published: 14th August 2012 House prices are anticipated to fall rather than increase over the next few months, according to 23% of surveyors. Read More...

House prices grow annually

Updated: 14th August 2012 - First Published: 14th August 2012 House prices rose by 2.3% between June 2011 and 2012, as the UK housing market remained reasonably stable. Read More...

First-time buyer lending rises to July 2010 level

Updated: 13th August 2012 - First Published: 13th August 2012 First-time buyer lending has risen dramatically to its highest level since July 2010, giving some hope to those venturing onto the property ladder. Read More...

Melton Mowbray BS launches fine first-time buyer

Updated: 13th August 2012 - First Published: 13th August 2012 Melton Mowbray Building Society has launched a three-year fixed rate mortgage offering a competitive 5.49% to 31.10.2015 to first-time buyers with deposits of just 5% or over. Read More...

Post Office delivers with five year mortgage

Updated: 10th August 2012 - First Published: 10th August 2012 Post Office has stormed the five year fixed mortgage market with a highly competitive rate of 3.59% to 30.9.17. Read More...

Post Office to sell mortgages in branches

Updated: 09th August 2012 - First Published: 09th August 2012 Customers of the Post Office will be able to apply for mortgages in branches with effect from today, offering a personalised service to customers and increasing competition on the high street. Read More...

Fancy a house for just £1?

Updated: 08th August 2012 - First Published: 08th August 2012 House hunters in the Black Country have been offered the golden opportunity of purchasing a home for just £1! Read More...

Tesco launches mortgage range

Updated: 06th August 2012 - First Published: 06th August 2012 Tesco Bank has extended its personal finance product range by making its debut into the mortgage market. Read More...

House prices fell in July

Updated: 06th August 2012 - First Published: 06th August 2012 UK house prices fell by 0.6% during July, despite consecutive increases during June and May. Read More...

Nationwide BS deal leads four year market

Updated: 01st August 2012 - First Published: 01st August 2012 Nationwide Building Society’s latest four year deal offers a competitive rate of 3.49% to borrowers with deposits of 25% or more. Read More...

West Brom BS dazzles with two year mortgage

Updated: 31st July 2012 - First Published: 31st July 2012 West Brom Building Society has launched a two year fixed rate mortgage offering a market leading rate of 2.95% to 31.8.14. Read More...

First-time buyers forgotten in rate reductions

Updated: 31st July 2012 - First Published: 31st July 2012 Despite a flurry of mortgage rate reductions over the past month, only a handful applied to products that require small deposits. Read More...

London house prices fall

Updated: 30th July 2012 - First Published: 30th July 2012 A growing number of postcodes in London have reported falls in house prices over the past month, despite remaining the most expensive place in the UK to buy a property. Read More...

first direct packs a punch with variable rate

Updated: 27th July 2012 - First Published: 27th July 2012 first direct has increased its variable tracker rate by 0.10%. Read More...

UK house prices creep up

Updated: 27th July 2012 - First Published: 27th July 2012 The average UK house price has increased marginally to £161,777 Read More...

Young people kept off property ladder

Updated: 25th July 2012 - First Published: 25th July 2012 High deposits and strict lending criteria are forcing prospective first-time buyers into rented properties. Read More...

Woolwich wows with new two year fixed deal

Updated: 25th July 2012 - First Published: 25th July 2012 Woolwich from Barclays has launched a very competitive two year fixed rate mortgage. Read More...

Mortgage approvals fall in June

Updated: 24th July 2012 - First Published: 24th July 2012 The number of mortgages approved by banks fell last month by 20.5%, compared to June 2011. Read More...

RBS launches top deal for first-time buyers

Updated: 18th July 2012 - First Published: 18th July 2012 Royal Bank of Scotland has launched a great all-round first-time buyer mortgage deal. Read More...

UK house prices increase by 2.3%

Updated: 17th July 2012 - First Published: 17th July 2012 Good news has emerged for sellers in England and Wales hoping to fetch a good price on their home. Read More...

Homes more affordable for FTBs

Updated: 16th July 2012 - First Published: 16th July 2012 Homes are at their most affordable level in a decade, a new study reveals. Read More...

Sellers slash asking prices in quest for sale

Updated: 16th July 2012 - First Published: 16th July 2012 Home-sellers slashed asking prices by more than £4,000 in July, the largest monthly drop in four years, new figures have revealed. Read More...

Lack of demand hits housing market

Updated: 16th July 2012 - First Published: 13th July 2012 The average house prices for last month have shown a slump, worrying news to people looking to sell their homes. Read More...

Housing recovery at least a decade away

Updated: 16th July 2012 - First Published: 12th July 2012 House prices are not expected to recover fully for at least another decade; sour news to homeowners who are intending to sell their home in the near future. Read More...

Mortgage lending bounced back in May

Updated: 13th July 2012 - First Published: 12th July 2012 House purchase lending increased by 36% during May, particularly to first-time buyers buying their first property. Read More...

Dark cloud hangs over housing market

Updated: 11th July 2012 - First Published: 10th July 2012 Demand and interest from buyers remained low during June, reflecting a subdued property market. Read More...

House prices increase by 1% in June

Updated: 11th July 2012 - First Published: 05th July 2012 Figures released by the mortgage lender Halifax have shown house prices increased by 1% last month. Read More...

Buy-to-let numbers and rates fall

Updated: 04th July 2012 - First Published: 04th July 2012 Latest research by Business Moneyfacts has revealed significant reductions in product numbers and average rates in the buy-to-let mortgage market. Read More...

Mortgage growth at slowest rate in two years

Updated: 04th July 2012 - First Published: 04th July 2012 New research has revealed mortgage growth is at its slowest rate in two years, reflecting a continued sombre mood in the housing market. Read More...

Mortgage lending increases during May

Updated: 03rd July 2012 - First Published: 03rd July 2012 Latest statistics from the Building Societies Association (BSA) have revealed gross mortgage lending increased to £2.8 billion during May this year, highlighting a huge rise of 54% when compared to May 2011. Read More...

House prices edge up in May

Updated: 11th July 2012 - First Published: 02nd July 2012 House prices in England and Wales recovered from their slight fall in April, ending the month 0.5% up in May, figures from the Land Registry show. Read More...

Prospective first-time buyer numbers rising

Updated: 11th July 2012 - First Published: 02nd July 2012 Latest figures from the property website Rightmove have revealed that the number of people intending to purchase their first home over the next 12 months is at its highest level for nearly three years, at 27.9%. Read More...

London house prices at pre-crisis peak

Updated: 28th June 2012 - First Published: 28th June 2012 London continues to see house price growth as most other regions in the UK experience falls, new figures released today show. Read More...

Monmouthshire BS adds five year mortgage

Updated: 17th December 2012 - First Published: 27th June 2012 Monmouthshire BS has added a range of five year fixed rates to its mortgage portfolio. Read More...

Free mortgage perks on the wane

Updated: 30th May 2017 - First Published: 27th June 2012 Research from Moneyfacts.co.uk has revealed the gradual disappearance of free valuations and free legal fees from the remortgage market. Read More...

Halifax makes valuation fee promise

Updated: 27th June 2017 - First Published: 25th June 2012 Halifax has moved to support home buyers by pledging to refund valuation costs if their house purchases fall through. Read More...

May recovery in mortgage lending

Updated: 21st June 2012 - First Published: 21st June 2012 Gross mortgage lending in May increased by 24% from the previous month, figures released today reveal. Read More...

London housing market leaves UK in its wake

Updated: 19th June 2012 - First Published: 19th June 2012 The London housing market is leaving the rest of the UK trailing in its wake, new figures show. Read More...

Price of properties coming to market on the up

Updated: 18th June 2012 - First Published: 18th June 2012 The price of new property coming onto the housing market increased again in June. Read More...

Buying beats renting by £200k over a lifetime

Updated: 18th June 2012 - First Published: 18th June 2012 Stepping onto the property ladder has ‘enormous financial benefits’ over the course of a lifetime, new research has found. Read More...

Lending to first-time buyers plummets

Updated: 14th June 2012 - First Published: 14th June 2012 Following a surge of activity in March, April saw a significant fall in mortgage lending, in particular with first-time buyers. Read More...

Young people face home ownership ‘lockout’

Updated: 13th June 2012 - First Published: 13th June 2012 A new report claims that more than a million young people will find themselves locked out of the mortgage market in the next eight years. Read More...

Desire for home ownership remains strong

Updated: 13th June 2012 - First Published: 13th June 2012 Buying a property has become more and more problematic in recent years, but it seems that Britons still aspire to be homeowners. Read More...

Homeowners look to improve their mortgages

Updated: 12th June 2012 - First Published: 12th June 2012 People in the UK remain focused on their finances with more than one in 10 planning to get to grips with their mortgage over the next 12 months. Read More...

Mortgage activity picks up after stamp duty scheme

Updated: 12th June 2012 - First Published: 12th June 2012 The mortgage market returned to growth in May following the post stamp duty holiday slump. Read More...

Second steppers look to Bank of Mum and Dad

Updated: 11th June 2012 - First Published: 11th June 2012 Home owners hoping to make their second step on the property ladder are increasingly looking to the Bank of Mum and Dad. Read More...

House prices rise

Updated: 07th June 2012 - First Published: 07th June 2012 House prices increased during May, but are slightly down when compared to a year ago, figures released today show. Read More...

House prices edge up in May

Updated: 31st May 2012 - First Published: 31st May 2012 House prices edged up in May, with figures showing that values have remained relatively stable over the last 12 months. Read More...

Mortgage lending up at building societies

Updated: 30th May 2012 - First Published: 30th May 2012 Mortgage lending by mutuals increased again during April, the Building Societies Association (BSA) has announced. Read More...

Northern Rock cuts two-year BTL rates

Updated: 17th December 2012 - First Published: 29th May 2012 Northern Rock has cut the rates on its buy-to-let two-year mortgages by 0.10%. Read More...

Nationwide boosts mortgage lending

Updated: 23rd May 2012 - First Published: 23rd May 2012 Nationwide Building Society has bucked the trend in the mortgage market by increasing its lending and helping more buyers secure their first home. Read More...

Eurozone crisis hitting mortgage market, says CML

Updated: 21st May 2012 - First Published: 21st May 2012 The continuing crisis in the Eurozone is having a negative effect on the housing market, lenders have said. Read More...

Government falling short on housing

Updated: 17th May 2012 - First Published: 17th May 2012 The Government has been accused of falling short on housing, while new figures show the number of new homes being built is falling. Read More...

Appetite from first time buyers rises

Updated: 17th May 2012 - First Published: 17th May 2012 Appetite from potential first time buyers continued to grow in April, despite the end of the stamp duty holiday. Read More...

Stamp duty holiday boosts mortgage lending

Updated: 16th May 2012 - First Published: 16th May 2012 The end of the stamp duty holiday in March brought the expected surge in mortgage activity, lenders have said. Read More...

Average 90% LTV rates take a tumble

Updated: 16th May 2012 - First Published: 16th May 2012 Average rates of 90% loan-to-value (LTV) mortgages have fallen steadily in the last five years, research from Moneyfacts.co.uk has found. Read More...

Shapps targets self-build revolution

Updated: 15th May 2012 - First Published: 14th May 2012 Housing Minister Grant Shapps has reiterated his desire to revolutionise the self-build housing market in the UK and has pledged a £30 million fund to help do so. Read More...

Banks reach ‘tipping point’ on high LTV lending

Updated: 11th May 2012 - First Published: 11th May 2012 Mortgage approvals for first time buyers fell to their lowest level in nine months in April, as banks reached a ‘tipping point’ on high loan-to-value (LTV) lending. Read More...

Number of repossessions steadying

Updated: 10th May 2012 - First Published: 10th May 2012 The number of people suffering from repossessions appears to be steadying, having consistently risen in recent years. Read More...

House market rebound runs out of steam

Updated: 08th May 2012 - First Published: 08th May 2012 The rebound in the housing market appears to have run out of steam, as the effects of the stamp duty holiday come to an end. Read More...

RBS adds another £125m to its PPI provision

Updated: 17th December 2012 - First Published: 04th May 2012 Royal Bank of Scotland (RBS) has become the latest bank to put more money aside to pay customers mis-sold payment protection insurance (PPI). Read More...

House prices ‘fluctuating widely’

Updated: 04th May 2012 - First Published: 04th May 2012 The end of the stamp duty holiday has contributed to wide monthly fluctuations in UK house prices, according to new figures. Read More...

House prices slide in April

Updated: 03rd May 2012 - First Published: 03rd May 2012 House prices fell by 0.2% in April – the fourth decline in five months, new figures have revealed. Read More...

Halifax extends stamp duty help for house buyers

Updated: 02nd May 2012 - First Published: 02nd May 2012 Halifax has announced that it has extended its scheme to help out first time buyers and other homebuyers with their stamp duty. Read More...

Co-op Bank halts interest-only lending

Updated: 02nd May 2012 - First Published: 02nd May 2012 The Co-operative Bank has announced that it is withdrawing interest only mortgages for new customers. Read More...

More than a million face SVR rise

Updated: 01st May 2012 - First Published: 01st May 2012 More than a million people face the prospect of higher mortgage bills, as a number of lenders have increased their standard variable rates (SVRs). Read More...

House prices fall in London

Updated: 01st May 2012 - First Published: 01st May 2012 There was a surprise fall in house prices in London during March, new figures show. Read More...

House prices rise in April

Updated: 30th April 2012 - First Published: 30th April 2012 House prices increased for the second month in a row in April, although there is evidence of a North/South divide. Read More...

Sales of £1 million homes fall

Updated: 27th April 2012 - First Published: 27th April 2012 The number of properties selling for over £1 million declined in 2011; but sales of homes worth more than £2 million continued to grow. Read More...

Five year optimism for first time buyers

Updated: 25th April 2012 - First Published: 25th April 2012 Many potential first time buyers are confident that they can secure a footing on the property ladder in the next five years. Read More...

Rates on long-term mortgages plummet

Updated: 24th April 2012 - First Published: 24th April 2012 Rates on long-term mortgages have fallen over the last 12 months, research conducted by Moneyfacts.co.uk has found. Read More...

Stamp duty deadline boosts mortgage lending

Updated: 23rd April 2012 - First Published: 23rd April 2012 Mortgage lending in March was boosted by first time buyers looking to beat the end of the stamp duty holiday. Read More...

Product focus: 95% LTV mortgages

Updated: 17th December 2012 - First Published: 19th April 2012 The number of mortgage products offering maximum loan-to-values of 95% has more than doubled over the past year, from just 27 to 61 today. Read More...

High LTV mortgage numbers on the rise

Updated: 17th April 2012 - First Published: 17th April 2012 The number of mortgage products offering maximum loan-to-values (LTV) of 95% has more than doubled over the last 12 months, Moneyfacts.co.uk research has found. Read More...

First time buyer numbers on the up

Updated: 16th April 2012 - First Published: 16th April 2012 First time buyer numbers increased during February, with a rush to beat the end of the stamp duty holiday likely to have contributed to the rise. Read More...

First time buyers boost mortgage deals

Updated: 13th April 2012 - First Published: 13th April 2012 First time buyers significantly boosted the number of mortgage deals in March, as they looked to beat the stamp duty holiday deadline. Read More...

Remortgagors eye advice

Updated: 12th April 2012 - First Published: 12th April 2012 In a month when first time buyers made the headlines, the number of remortgagors looking for professional advice hit an all time high. Read More...

Average age of FTBs rises to 30

Updated: 21st August 2017 - First Published: 11th April 2012 The average age of a first time buyer in the UK has increased to 30, although there are widespread differences across the nation. Read More...

Buyer interest edges up

Updated: 10th April 2012 - First Published: 10th April 2012 Interest from potential house buyers increased last month, although it is yet to be seen if the trend can continue. Read More...

House prices bounce in March

Updated: 04th April 2012 - First Published: 04th April 2012 House prices registered a bounce in March, but are not expected to register much further movement over the rest of the year. Read More...

‘Reinvigorated’ Right-to-Buy launched

Updated: 03rd April 2012 - First Published: 03rd April 2012 The Government has launched its Right-to-Buy scheme which it says is ‘revamped’ and ‘reinvigorated’. Read More...

Protect ‘mortgage prisoners’, regulator urged

Updated: 03rd April 2012 - First Published: 03rd April 2012 A group representing consumers is warning that rules must be changed to stop many homeowners becoming ‘mortgage prisoners’. Read More...

City home affordability at nine-year high

Updated: 02nd April 2012 - First Published: 02nd April 2012 Property in the UK’s cities is currently more affordable than at anytime in almost the past decade, new research has revealed. Read More...

Mortgage borrowers benefit from low base rate

Updated: 02nd April 2012 - First Published: 02nd April 2012 Mortgage rates have fallen and product numbers almost doubled in the three years since base rate dropped to 0.5%, new research from Moneyfacts.co.uk has revealed. Read More...

End of stamp duty holiday a ‘tragedy’

Updated: 30th March 2012 - First Published: 30th March 2012 The decision to bring the stamp duty holiday to an end has been labelled a ‘tragedy’ by estate agents. Read More...

House prices fall by 1.0% in March

Updated: 29th March 2012 - First Published: 29th March 2012 House prices fell by 1.0% in March and are predicted to continue to drag over the next 12 months. Read More...

UK facing an interest only crisis

Updated: 24th July 2017 - First Published: 28th March 2012 More than a million and a half UK homeowners could be facing an interest only crisis Read More...

Stamp duty holiday comes to an end

Updated: 27th March 2012 - First Published: 27th March 2012 The stamp duty holiday has come to an end, meaning first time buyers will once again have to pay tax on properties worth between £125,000 and £250,000. Read More...

Get a mortgage tracker cracker with Co-op

Updated: 22nd March 2012 - First Published: 22nd March 2012 The Co-operative Bank has launched a new variable tracker rate mortgage available to first time buyers with a deposit of as little as 10%. Read More...

Halifax lends a hand to FTBs

Updated: 21st March 2012 - First Published: 21st March 2012 Halifax has pledged to help first time buyers with their stamp duty, with the tax set to be introduced in a few days time. Read More...

Property asking prices continue to increase

Updated: 19th March 2012 - First Published: 19th March 2012 The housing market continued to show promise in February and early March, but there are worries that the end of the stamp duty holiday could stifle the recovery. Read More...

FTBs ignoring potential problems when buying

Updated: 16th March 2012 - First Published: 16th March 2012 Many first time buyers are allowing their hearts to lead them on their new homes, meaning they could be missing a number of problems which could hit them in the pocket. Read More...

Loughborough unveils Best Buy three year mortgage

Updated: 14th December 2012 - First Published: 14th March 2012 Loughborough Building Society has launched a highly competitive new three year fixed rate mortgage. Read More...

CML figures show first time buyer increase

Updated: 13th March 2012 - First Published: 13th March 2012 The beginning of the year saw a continuation of first time buyers snapping up homes before the end of the stamp duty holiday on 24 March. Read More...

House prices fell in January

Updated: 13th March 2012 - First Published: 13th March 2012 House prices in the UK registered a fall in January, although they are still improved from 12 months ago. Read More...

Negativity over house prices lifting

Updated: 17th December 2012 - First Published: 13th March 2012 The negativity over the future of house prices in the UK appears to be lifting, new figures have revealed. Read More...

NewBuy scheme ‘open for business’

Updated: 17th December 2012 - First Published: 12th March 2012 People looking to buy a home in England have been handed a boost after the Housing Minister Grant Shapps declared the NewBuy scheme ‘open for business’. Read More...

FTB activity dries up as stamp duty deadline looms

Updated: 20th November 2017 - First Published: 09th March 2012 The relative boom in mortgage activity appears to have come to an end as first time buyer numbers dry up with the end of the stamp duty holiday looming. Read More...

Clydesdale and Yorkshire Banks increase SVRs

Updated: 09th March 2012 - First Published: 09th March 2012 The Clydesdale and Yorkshire Banks have announced increases to their standard variable rates for residential mortgage customers. Read More...

Mixed house price fortunes continue

Updated: 06th March 2012 - First Published: 06th March 2012 The mixed fortunes of house prices in the UK continued during February, new figures have revealed. Read More...

Halifax increases standard variable rate to 3.99%

Updated: 17th October 2017 - First Published: 05th March 2012 Halifax has announced that it is to increase its standard variable rate (SVR) from 3.5% to 3.99% from 1 May. Read More...

Nottingham BS improves five year mortgage

Updated: 17th December 2012 - First Published: 02nd March 2012 Nottingham BS has updated a number of its mortgage products, with one of its five year offerings the pick of the bunch. Read More...

House prices rise by 0.6% in February

Updated: 01st March 2012 - First Published: 01st March 2012 House prices in the UK edged up by 0.6% in February, against a backdrop of increased mortgage lending. Read More...

Mortgage approvals given January boost

Updated: 29th February 2012 - First Published: 29th February 2012 Mortgage approvals hit a two-year high in January, Bank of England figures have revealed. Read More...

Buyers trapped in their first homes

Updated: 27th February 2012 - First Published: 27th February 2012 Second time buyers (STBs) are finding it harder than ever to move up the property ladder, new research has revealed. Read More...

Rush to beat stamp duty holiday in evidence again

Updated: 23rd February 2012 - First Published: 23rd February 2012 New figures from the British Bankers’ Association (BBA) show further evidence of first time buyers racing to beat the stamp duty tax holiday deadline. Read More...

FTBs rush to beat stamp duty deadline

Updated: 22nd February 2012 - First Published: 22nd February 2012 First time buyers are rushing to beat the forthcoming deadline which will signal the end of the stamp duty holiday, according to new research. Read More...

Highest January house sales since 2008

Updated: 21st February 2012 - First Published: 21st February 2012 The new year dip in house sales was in evidence last month, although the number of houses sold was the highest for a January in four years. Read More...

Mortgage boost as stamp duty deadline nears

Updated: 16th February 2012 - First Published: 16th February 2012 A rush of first-time buyers looking to beat the end of the stamp duty holiday bolstered mortgage market activity in January, new data has revealed. Read More...

New homes market enjoys price surge

Updated: 16th February 2012 - First Published: 16th February 2012 The average price placed on new homes enjoyed positive annual growth for the first time since 2006 last year, new data has revealed. Read More...

90% FTBs saved from stamp duty since holiday

Updated: 15th February 2012 - First Published: 15th February 2012 Nine in ten first time buyers have not had to pay any stamp duty since the soon-to-end holiday began, new research has revealed. Read More...

Product focus: 90% LTV five year fixed mortgages

Updated: 17th December 2012 - First Published: 15th February 2012 The number of mortgage products that require a deposit of 10% or more has steadily increased over the past year. Read More...

Home values soar by £70,000 in past decade

Updated: 13th February 2012 - First Published: 13th February 2012 The value of a home in the UK has increased by around £70,000 over the past decade and grown at more than double the rate of inflation, new research has revealed. Read More...

FTB lending rises as stamp duty holiday nears end

Updated: 13th February 2012 - First Published: 13th February 2012 Lending to first-time buyers increased in December as those taking their first step on to the property ladder began to rush through purchases ahead of the end of the stamp duty concession. Read More...

Leek United scores with three year mortgage

Updated: 10th February 2012 - First Published: 10th February 2012 Leek United BS has launched a number of new fixed rate mortgages; one of which has entered the Moneyfacts Best Buy tables. Read More...

2011 repossessions lowest since 2007

Updated: 09th February 2012 - First Published: 09th February 2012 The number of homes repossessed in the UK fell to the lowest level in four years in 2011. Read More...

Homeowners slash prices to entice buyers

Updated: 08th February 2012 - First Published: 08th February 2012 Homeowners looking to sell their properties have resorted to cutting thousands of pounds off their original asking prices. Read More...

House prices increase in January

Updated: 06th February 2012 - First Published: 06th February 2012 House prices increased in January, despite an underlying trend of falling values in the mortgage market. Read More...

Sale and rent back market closed down

Updated: 03rd February 2012 - First Published: 03rd February 2012 The sale and rent back (SRB) market has been temporarily shut down after an almost year-long review by the Financial Services Authority (FSA). Read More...

CML: Match mortgage benefits to borrowers’ rates

Updated: 03rd February 2012 - First Published: 02nd February 2012 Mortgage lenders have urged the Government to pay Support for Mortgage Interest (SMI) to match the rates which borrowers are actually on. Read More...

Product focus: 95% mortgages

Updated: 17th December 2012 - First Published: 01st February 2012 There has been an increase in the number of high loan-to-value mortgages over recent months, which is good news for buyers with small deposits. Read More...

First direct launches five star mortgage

Updated: 01st February 2012 - First Published: 01st February 2012 First direct has added a number of products to its mortgage portfolio. Read More...

House prices fell by 0.2% in January

Updated: 01st February 2012 - First Published: 01st February 2012 House prices fell by 0.2% for the second month in succession during January, but are expected to remain relatively stable in 2012. Read More...

Mortgage lending up at building societies

Updated: 31st January 2012 - First Published: 31st January 2012 Mortgage lending in 2011 by building societies and other mutuals increased significantly compared with 2010, new figures show. Read More...

House prices fell by 1.3% in 2011

Updated: 30th January 2012 - First Published: 30th January 2012 House prices fell by 1.3% in England and Wales in 2011, with only London bucking the national trend. Read More...

Mortgage repayments cheaper than renting

Updated: 30th January 2012 - First Published: 30th January 2012 The cost of mortgage repayments on a typical home is more than £100 cheaper than renting in England and Wales. Read More...

All signs point to housing stagnation in 2012

Updated: 26th January 2012 - First Published: 27th January 2012 All signs are pointing to a stagnant UK mortgage market in 2012, new research suggests. Read More...

Tie up your mortgage for ten years with N&P

Updated: 17th December 2012 - First Published: 25th January 2012 Norwich & Peterborough BS has launched a very competitive ten year fixed rate mortgage that is sure to be popular with buyers looking for long-term peace of mind. Read More...

December strongest month for mortgage lending

Updated: 25th January 2012 - First Published: 25th January 2012 December was the strongest month in the whole of 2011 for mortgage lending, new figures have revealed. Read More...

FTBs urged to beat stamp duty holiday deadline

Updated: 08th February 2017 - First Published: 24th January 2012 First time buyers have been urged to move fast if they want to beat the stamp duty holiday deadline which is fast approaching. Read More...

Low income families face 22 year wait for deposit

Updated: 23rd January 2012 - First Published: 23rd January 2012 Lower income households in the UK would now have to save for an average of 22 years in order to build up a pot big enough for a typical first time buyer deposit, it has been revealed. Read More...

Optimism grows as mortgage lending edges higher

Updated: 23rd January 2012 - First Published: 23rd January 2012 Hopes have been raised that the housing market might soon start moving in the right direction after it was revealed mortgage lending edged slightly higher in 2011. Read More...

Product focus: Five year fixed rate mortgages

Updated: 19th January 2012 - First Published: 19th January 2012 Fixed rate mortgages require borrowers to pay a set monthly repayment. Read More...

Furness BS on fire with new mortgage

Updated: 14th December 2012 - First Published: 19th January 2012 Furness BS has launched a new four year fixed rate mortgage to warm borrowers’ hearts. Read More...

Mortgage borrowers seeking best of both worlds

Updated: 17th December 2012 - First Published: 18th January 2012 Mortgage borrowers are increasingly opting for the best of both worlds when faced with the decision over whether to fix their rate or not. Read More...

Home affordability at its best since 1997

Updated: 17th January 2012 - First Published: 17th January 2012 Mortgage payments for new borrowers in the second half of 2011 were at their lowest as a proportion of disposable earnings for 14 years, according to new research from Halifax. Read More...

FTB numbers rise as mortgage lending climbs higher

Updated: 16th January 2012 - First Published: 16th January 2012 The number of successful first time buyers increased towards the end of last year, according to the latest data supplied by mortgage lenders. Read More...

Homesellers at record low despite soaring demand

Updated: 16th January 2012 - First Published: 16th January 2012 Homeowners are more reluctant to put their property up for sale than at any point in the past decade, new research has revealed. Read More...

House prices ‘remarkably resilient’ in 2011

Updated: 13th January 2012 - First Published: 13th January 2012 House prices fell by 0.5% last year, but showed ‘remarkable resilience’ in the face of a number of challenges. Read More...

Five year fixed to watch from Market Harborough

Updated: 10th January 2012 - First Published: 10th January 2012 Market Harborough BS has added to its mortgage range with a new fixed rate. Read More...

More to look to rental market in 2012

Updated: 10th January 2012 - First Published: 10th January 2012 The seemingly unstoppable ascent of people looking to the rental market shows no sign of easing, with landlords set to enjoy another fruitful year. Read More...

Mortgage costs fall to most affordable level

Updated: 17th December 2012 - First Published: 09th January 2012 Homeowners’ monthly mortgage payments fell to their most affordable level since records began in 2011. Read More...

House prices fall by 1.3% in 2011

Updated: 06th January 2012 - First Published: 06th January 2012 House prices fell by 1.3% in 2011, although experts say that values ‘held up well’ in the face of challenging conditions. Read More...

Mortgage lending on the up at mutuals

Updated: 04th January 2012 - First Published: 04th January 2012 Mortgage lending by building societies and other mutuals increased significantly during November. Read More...

FTB affordability improving

Updated: 28th December 2011 - First Published: 28th December 2011 Affordability for first time buyers is at its most favourable level since 2003, according to new figures. Read More...

Rise in house sales predicted in 2012

Updated: 22nd December 2011 - First Published: 22nd December 2011 Sales of homes in the UK could rise in 2012, but property prices will struggle to follow suit. Read More...

Right to Buy to revitalise home ownership

Updated: 22nd December 2011 - First Published: 22nd December 2011 A revitalised Right to Buy programme will ‘unleash a new generation of home ownership’, the Government has said. Read More...

Property sales jump to 2011-high

Updated: 21st December 2011 - First Published: 21st December 2011 More homes were sold in November than any other month this year, figures from HM Revenue and Customs (HMRC) have revealed. Read More...

Rules to prevent risky mortgage lending revealed

Updated: 19th December 2011 - First Published: 19th December 2011 New proposals aimed at putting a stop to risky mortgage lending practices have been unveiled by the Financial Services Authority (FSA). Read More...

Second-time buyers struggling to move up ladder

Updated: 19th December 2011 - First Published: 19th December 2011 Homeowners have been warned it is now harder to move up the housing ladder than to get on it. Read More...

Cautious optimism over housing market

Updated: 16th December 2011 - First Published: 16th December 2011 Consumers remain quietly confident about the prospects for the housing market despite the troubled economic outlook. Read More...

FTBs warned as stamp duty holiday end nears

Updated: 16th December 2011 - First Published: 16th December 2011 First time buyers have been reminded they will have to act quickly if they want to avoid paying stamp duty. Read More...

FTB numbers forecast to fall

Updated: 15th December 2011 - First Published: 15th December 2011 First time buyers are set to remain in short supply in 2012 as deposit requirements and mortgage availability continue to take their toll. Read More...

Fixed rate mortgage popularity grows

Updated: 15th December 2011 - First Published: 15th December 2011 The popularity of fixed rate mortgages continued to rise in November and climbed to its highest level since March. Read More...

Home buyer interest continues to grow

Updated: 13th December 2011 - First Published: 13th December 2011 Home buyer activity continued to pick up in November, but uncertainty over the state of the economy continues to hold the market back from any meaningful recovery, according to new research. Read More...

House price stability forecast for 2012

Updated: 12th December 2011 - First Published: 12th December 2011 House prices are set to remain relatively unchanged throughout the course of 2012, according to the latest market predictions by Halifax. Read More...

FTB affordability improves, but problems persist

Updated: 09th December 2011 - First Published: 09th December 2011 Persistently low interest rates have seen the cost of mortgage payments for first-time buyers fall to their most affordable level in eight years, although problems remain. Read More...

House prices ‘remarkably stable’

Updated: 06th December 2011 - First Published: 06th December 2011 House prices fell slightly in November, but have proven to be ‘remarkably stable’ in 2011, according to property experts. Read More...

Skipton eyes FTB market with 95% LTV crackers

Updated: 07th December 2011 - First Published: 06th December 2011 Skipton has launched two stand-out mortgages that will have first time buyers licking their lips. Read More...

Support for Mortgage Interest under the microscope

Updated: 23rd June 2017 - First Published: 06th December 2011 A scheme which allows homeowners who have fallen into difficulties to pay the interest off their mortgage is to be reviewed. Read More...

Nationwide improves tracker cracker

Updated: 01st December 2011 - First Published: 01st December 2011 Forget oranges and chocolate coins for Christmas, many of us will receive cold hard cash in our stockings this year. Read More...

CML disappointed over end of stamp duty holiday

Updated: 30th November 2011 - First Published: 30th November 2011 The Council of Mortgage Lenders (CML) has expressed its disappointment at the confirmation that the stamp duty holiday for first time buyers will end next March. Read More...

Demand for housing ‘extremely subdued’

Updated: 29th November 2011 - First Published: 29th November 2011 Demand for housing in the UK remains ‘extremely subdued’ and prices are expected to continue to drift over the next year. Read More...

Mortgage lending and savings up at mutuals

Updated: 29th November 2011 - First Published: 29th November 2011 Both mortgage lending and savings balances increased at building societies in October, new figures have revealed. Read More...

Vernon BS unveils five star fixed rate mortgage

Updated: 28th November 2011 - First Published: 28th November 2011 Vernon BS has made a five star addition to its mortgage range amongst some new fixed, discounted and variable rate deals. Read More...

Housing activity could drop to four-decade low

Updated: 28th November 2011 - First Published: 28th November 2011 The number of house sales in the England and Wales is set to fall to a near 40 year low with the slump likely to extend into 2012. Read More...

Could it pay to overpay your mortgage?

Updated: 28th November 2011 - First Published: 28th November 2011 UK homeowners have been told they could be tens of thousands of pounds better off by overpaying their mortgages instead of saving money separately. Read More...

FTB numbers slip to three-year low

Updated: 25th November 2011 - First Published: 25th November 2011 The number of homes sold to first time buyers dropped to its lowest level in nearly three years during October, according to estate agents. Read More...

HSBC hits discounted mortgage heights

Updated: 24th November 2011 - First Published: 24th November 2011 HSBC has hit new heights with the launch of a five star variable rate discounted mortgage. Read More...

Small rise in house prices expected in 2012

Updated: 24th November 2011 - First Published: 24th November 2011 The property market has been forecast to remain relatively flat in 2012, as the disparity between house prices in different regions continues to widen. Read More...

Product focus: Tracker mortgages

Updated: 24th November 2011 - First Published: 24th November 2011 The Monetary Policy Committee unanimously decided to keep the Bank of England base rate at 0.50% this month. Read More...

Sellers making record reductions to asking prices

Updated: 22nd November 2011 - First Published: 22nd November 2011 House sellers are increasingly slashing their asking prices as they battle to secure a buyer in a struggling housing market. Read More...

Product focus: First-time buyer mortgages

Updated: 22nd November 2011 - First Published: 22nd November 2011 The Government’s recent announcement to create a new build security scheme will help first time buyers get a step on the property ladder. Read More...

Government reveals first time buyer help

Updated: 21st November 2011 - First Published: 21st November 2011 The Government has unveiled a raft of measures aimed at reigniting the housing market and helping first time buyers. Read More...

Property asking prices dive as uncertainty grows

Updated: 21st November 2011 - First Published: 21st November 2011 The price at which properties are being put up for sale tumbled in November as the confidence of sellers was hit by economic uncertainty. Read More...

Holmesdale BS has five star mortgage appeal

Updated: 21st November 2011 - First Published: 21st November 2011 Holmesdale BS has unveiled a new discounted variable rate mortgage which earns our full admiration. Read More...

Mortgage numbers continue ascent

Updated: 17th November 2011 - First Published: 17th November 2011 The number of mortgage products is currently at its highest level since the beginning of the economic crisis, research from Moneyfacts.co.uk has revealed. Read More...

CML calls for extended FTB stamp duty holiday

Updated: 16th November 2011 - First Published: 16th November 2011 The Council of Mortgage Lenders (CML) has called for the stamp duty holiday for first time buyers to be extended. Read More...

House prices continue to fall

Updated: 15th November 2011 - First Published: 15th November 2011 House prices have continued to fall, and are down on a monthly and yearly basis, official Government figures show. Read More...

Mind the gap, second steppers warned

Updated: 14th November 2011 - First Published: 14th November 2011 First time buyers who bought their homes at the pinnacle of the property market could find themselves trapped in their homes for some time, new research has found. Read More...

Fed-up FTBs consider credit cards to fund deposit

Updated: 11th November 2011 - First Published: 11th November 2011 Concern has been voiced that some first time buyers are so desperate to get on the property ladder that they are willing to use a credit card or loan to pay for their deposit. Read More...

House prices edge higher despite gloomy forecast

Updated: 11th November 2011 - First Published: 11th November 2011 House prices climbed 0.2% higher in October as the property market malaise continued. Read More...

The Co-op steps up to mortgage mark

Updated: 09th November 2011 - First Published: 09th November 2011 The Co-operative Bank has stepped up to the mark by re-pricing its five year fixed rate mortgages. Read More...

Product focus: 90% LTV mortgages

Updated: 09th November 2011 - First Published: 09th November 2011 The number of high loan-to-value (LTV) mortgages has increased over recent months, which is good news for house-hunters with small deposits. Read More...

Maximum marks for Market Harborough mortgage

Updated: 07th November 2011 - First Published: 07th November 2011 Market Harborough BS has launched a new fixed rate mortgage that knocks the spots off its competitors. Read More...

House prices climb higher in October

Updated: 07th November 2011 - First Published: 07th November 2011 House prices climbed higher in October compared with September as the ups and downs witnessed over the course of 2011 continued. Read More...

Product focus: Tracker mortgages

Updated: 07th November 2011 - First Published: 07th November 2011 Variable tracker rate mortgages are a popular choice among borrowers at the moment, due to bank base rate remaining at an all time low of 0.50% for the past 31 months. Read More...

Hard-up homeowners ignore remortgaging option

Updated: 07th November 2011 - First Published: 07th November 2011 The majority of homeowners are passing up the chance of cutting the cost of their mortgage, despite making every effort to scrimp and save in other aspects of their life. Read More...

New BTL beauty from Principality

Updated: 03rd November 2011 - First Published: 03rd November 2011 Principality Building Society has launched a new range of mortgages, the pick of which is a new fixed rate product. Read More...

House prices inch up, but activity remains subdued

Updated: 01st November 2011 - First Published: 01st November 2011 House prices inched up in October, but the property market in the UK remains subdued. Read More...

Mortgage lending increases by 33% at mutuals

Updated: 31st October 2011 - First Published: 31st October 2011 Mortgage lending increased significantly at building societies and other mutuals in September, figures from the Building Societies Association (BSA) show. Read More...