Mortgages and Property News

People trapped on expensive mortgages could soon be able to switch to cheaper deals following a proposal by the Financial Conduct Authority to change the rules. The FCA has announced plans to loosen...

House prices in the UK are expected to fall by the end of the year, according to the Office for Budget Responsibility. The OBR downgraded their official forecasts, predicting that in the final quarter...

An extra £3bn in funding towards affordable homes has been announced by the Chancellor of the Exchequer. In his annual Spring Statement, Philip Hammond said that the scheme will help to deliver around...

The first time buyer mortgage completion rate through intermediaries in the last quarter of 2018 was at its highest rate for three years. According to the Intermediary Mortgage Lenders Association,...

Countywide, the largest property group in the UK, have announced increasing losses for 2018 claiming Brexit uncertainty is affecting their trade. The leading provider of estate agency and mortgage...

The average house price in the UK dropped 0.1% in February, according to the latest figures from Nationwide. The data revealed that the average price of a home in the UK is now £211,304, down from...

494,108 properties in the UK have been bought using one or more of the government’s Help to Buy schemes since 2013, according to new data. According to the statistics from the Ministry of Housing,...

The number of homes repossessed by mortgage lenders in the UK fell to its lowest level in almost 40 years in 2018, according to the latest figures from UK Finance. A total of 4,580 homes were...

For the first time in a decade, the total amount paid by private tenants to landlords in the UK has fallen. New research carried out by Hamptons International showed a drop of almost £2 billion in the...

House prices in the UK fell by 2.9% last month, according to Halifax’ latest report. The January decrease comes after 2.5% growth in December 2018. House prices grew by 0.8% in the year to January,...