Mortgages and Property News

Although Homes Under the Hammer is still dominating British daytime TV, fewer and fewer Britons are playing the property lottery themselves. The number of homes in England and Wales sold twice within...

Property sales plummeted to a six-year low in June, as buyers and sellers, wary of Brexit turmoil, put plans on hold. Property transactions were down 16.5% from the previous year, as just 84,490 homes...

The number of mortgages issued with 40-year terms soared last year by more than 20-fold, according to data obtained by estate agent Ludlow Thompson. A Freedom of Information Act (FOIA) request,...

There are more highly leveraged mortgages—those with high loan to value (LTV) ratios—being issued than at any time since before the financial crisis. Data from the Bank of England, released last week,...

More than half of all residential mortgages on the market now offer maximum terms of 40 years, research shows. A study from Moneyfacts found that the number of mortgage products with a 40-year term...

First time buyers in the UK need to be earning £54,400 on average to purchase their first home, according to Zoopla. The latest research from Zoopla analysed house prices in 20 of the UK’s largest...

The falling house prices that have been affecting London in recent months are spreading across Southern England, according to Zoopla. The latest figures from the property website revealed that 36% of...

The number of British adults who own a second home, buy-to-let or overseas property has more than doubled in the last two decades, according to new research. A report from think tank the Resolution...

The majority of people that have used the government’s Help to Buy scheme could have bought a home without it, according to the National Audit Office. The report from the NAO found that of the 211,000...

Housing and communities secretary James Brokenshire has been criticised by officials for suggesting first-time buyers be allowed to use their pension funds to get on the property ladder.Officials from...