In the UK first time buyers have a rare opportunity to take advantage of cheap mortgage rates at a time when property price growth has slowed, according to new research.
A £9 million cash injection to speed up the locally led building of new garden towns in England and villages across the country has been announced.
Brexit has had a negative impact on rents in London’s prime residential markets which are now showing early signs of bottoming out, with the annual rate of decline now at its slowest since the June 2016 referendum.
There were 4,580 homeowner possessions in 2018, the lowest since 1980 when there were 3,480 possessions, UK Finance’s Mortgage Arrears and Possessions Update has found.
There’s been more growth in the equity release sector, suggesting that fewer older owners are downsizing and are instead using their existing homes to release money for later life.
Average asking prices in England and Wales fell by 0.2% in the 12 months to February 2019, the first fall on the national figure for over seven years, according to the latest index data.
Mortgage lending figures in January were positive, particularly for those buyers with small deposits, typically first time buyers, according to the latest data to be published in the sector.
The ban on letting fees in England and a cap on tenancy deposits is set to save renters at least £240 million a year, or up to £70 per household, according to the Ministry of Housing.
Interest rates have been falling for 95% LTV mortgages despite interest rates increasing overall, financial information business Defaqto has found.
More than a quarter (27.1%) of all mortgage approvals in January were to borrowers with a small deposit, up from 25.2% in December, e.surv’s Mortgage Monitor has found.
Newport, South Wales saw the biggest jump in house prices of any UK town or city in 2018, Land Registry data revealed this morning.
Tesco Bank has reduced rates across its purchase and remortgage ranges.
There has been a significant rise in demand from people looking to rent property amid political and economic uncertainty and this is placing upward pressure on rental values, the latest figures show.
Buying a home in England near a top rated secondary school costs on average £331,605 but falls to £292,933 for schools rated as good, new research has found.
The government has launched a consultation detailing how its proposed 1% stamp duty surcharge on overseas buyers will work.
Saffron Building Society has launched a ‘lending into retirement downsizing mortgage’.
Millions of Brits are still waiting for the chance to own their own home for the first time in the flat mortgage market, an IMLA report said.
First time buyers ended up paying proportionately more than buyers already on the housing ladder for a home over the last year, new research has found.
Investing in property in England as a short term measure is no longer better than savings rates due to prices falling, according to new research.
Rental growth in the private rented sector in Britain slowed in the 12 months to January 2019, overall up by just 0.6%, according to the latest index.