Equity release is increasingly being used to pay off other mortgage or loan debts, LV= research shows.
There was a record number of super prime tenancies agreed in London in 2017 as price sensitivity in the sales market continued to boost demand, a new report reveals
Some 11,000 new homes are to be built in one of the UK’s largest regeneration projects to create a ‘new town’ in Barking on the banks of the River Thames in London.
Longer fixed rate mortgages, more affordable housing and a less stringent mortgage criteria would help first time buyers get onto the housing ladder, it is suggested.
Over recent months, the government and leading housing charities have put increasing pressure on landlords to improve the quality of rental accommodation and tenancy conditions.
First-time buyers are fixing their mortgage for longer than a year ago, Accord Mortgages found.
Record home hunter activity is fuelling a rise in asking prices in most regions in the UK, led by the Midlands where they are rising three times faster than the national average, the latest index shows.
Buying a home is £900 a year cheaper than renting in the UK which means that a first time buyer can save £27,000 over the typical mortgage term, new research has found.
The question of the next rise in UK interest rates has shifted definitively from if to when.
Millennials are paying a lower proportion of all rent than in 2015 as more in this age group get on the housing ladder, Countrywide said.
There is good news for homeowners looking to use some of the equity that is locked in their home, as the value of equity release increased by £10 billion in the last three months of 2017, reaching a total of £375 billion.
As mortgage rates had already started to rise before the base rate increase was announced last November, you might think they’d still be climbing now, especially given ongoing speculation about further base rate rises.
House prices in Scotland increased by 4.5% over the course of 2017 – outstripping any other region in Britain with the exception of the South West of England.
House prices in the UK grew more slowly in 2017 compared with 2016, up 48% compared with a 7% increase in the previous years, according to an annual review of the data.
Only a quarter of young people with middle incomes now own a home in the UK, down from two thirds 20 years ago, a new report reveals.
While most landlords are in the business by choice, the last three years have seen an increase in the numbers in the UK letting out a property they had previously tried to sell.
The city council in Nottingham claims it has taken action against no fewer than 561 unauthorised To Let boards under powers given to it by the government.
A new survey claims that 42 per cent of private sector tenants are unhappy with paying letting agents’ fees, despite the ban likely to come into effect in 2019.
Crooked landlords and letting agents were convicted of stealing £1,162,037 of tenant’s cash in 2017 – a rise of 14 per cent on the £1,018,100 recorded in 2016.
Readers of a certain age may remember the spoon-bending eccentric Uri Geller, self-proclaimed friend of Michael Jackson and an almost permanent fixture on TV shows in the 1980s.