Bank of England says more than 71,000 mortgages were approved in August as housing market shows no sign of summer slowdown Mortgage lending has leapt by the largest amount since 2008, official figures showed on Tuesday, providing further evidence that the housing market is continuing to heat up. The Bank of England said a total [...]
Some 45 per cent of those surveyed for Post Office Money Mortgages doubt their ability to ever climb on to the property ladder. Of those who expect to be able to buy at some stage, the average age at which they hope to do so is 36 years old, up from 35 when similar research [...]
Research suggests potential buyers are not savvy about UK mortgage rules Two thirds of potential house buyers in the UK do not understand the new mortgage rules which were introduced last year, new research has found. Some 31% of people who plan to buy a property within the next two years are unaware that mortgage [...]
Rents were up 4.6% in July on the year before, figures show, with median rent for one-bedroom flat in London now more than £1,000 a month Average rents in the UK reached £937 per month in July as the pace of increases took a significant step up amid a shortage in the supply of housing. [...]
High street crackdown means you'll require a bigger deposit and face tighter checks for a buy-to-let mortgage.
By 2025 there may be slightly more people renting privately in the UK than owning with a mortgage, according to new research, with average prices rising to £360,000 by 2020.
Bank of England credit conditions survey for Q2 found rate for £10,000 loan is just above 4%, with greater competition among lenders cited.
House prices dipped by 0.2% in June, bringing the annual rate of growth to its lowest level in two years, figures from Nationwide show.
Tenants in the UK spend on average 39.1% of their income on rent compared with a European average of 28%, figures from the National Housing Federation suggest.
New research by SunLife shows that the UK’s famous ‘protection gap’ is caused by under-insurance as much as it is by no insurance.