Mortgages and Property News

The UK housing market had its busiest month in over a decade in July, according to Rightmove.According to the property website, a burst of activity from buyers and sellers replaced the traditional...

HSBC is limiting the amount it will lend to borrowers purchasing flats, in another blow to first-time buyers.The bank, the country’s sixth-largest mortgage lender, is one of the few still lending to...

HSBC is toughening mortgage lending criteria and will no longer count income from furloughed staff who have no fixed return to work date or whose return is more than three months away, the bank...

As expected, Chancellor Rishi Sunak has announced a stamp duty holiday to stimulate a housing market hamstrung by coronavirus.From this past Wednesday until 31 March 2021, homebuyers purchasing...

Homeowners who improve the energy efficiency of their homes will see their monthly mortgage payments fall, with a new green mortgage from Saffron Building Society.The lender’s new “retro fit” mortgage...

Brits purchasing a new home over the next six month or year will be spared stamp duty charges, as Chancellor Rishi Sunak tries to stimulate the flatlining housing market.The mini budget being...

Annual House Prices in UK Fall for First Time in 8 YearsThe annual growth of average UK house prices came to a stop last month, according to Nationwide building society.Annual house price growth...

Just 9,300 home loans were approved in May in the UK, as the housing market remained paralysed by social distancing restrictions and buyers, sellers and mortgage lenders stayed wary.The figures,...

New figures show that average rent prices in the private-sector hit a record high of £700 per month in England just before the country went into lockdown.According to the latest data from the Office...

Nationwide Building Society will triple the minimum deposit required for first-time buyers, over fears an erosion of house prices could leave homeowners in negative equity.Nationwide, the UK’s...