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.
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.
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.
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.
The number of remortgages has risen 41% year-on-year from 28,400 in December 2016 to 39,943 in December 2017, conveyancing service provider LMS has found.
February has already seen strong auction activity across the board, with many lots snapped up and sold at whopping prices well over their guide price. Here, we present an auction roundup for 2018 so far.
A decade on from the global financial crisis property sales in the UK have still not recovered to anywhere close to pre-2008 levels, according to a new analysis of Land Registry data.
Property prices in the UK increased by 5.2% in the 12 months to December 2017, up from 5% the previous month, the latest official index figures show.
Mortgage lending for first time buyers, home movers and buy to let purchases all fell in December 2017 compared to the previous year, the latest trends data shows.
There are now well over 750,000 homes in Britain worth at least £1 million with most of them in London, new figures show.
Almost a third of all ‘Suspicious Activity Reports’ concerning possible anti-money laundering infringements and reported to the National Crime Agency have involved property deals.
House prices fell by 4.3% in Greater London in the year to January 2018 – the steepest drop since August 2009, LSL’s House Price Index has found.