UK house prices have fallen unexpectedly in April for a second consecutive month, according to the building society Nationwide, as interest rate uncertainty and more…
View More UK house prices fall unexpectedly for second month in a rowTag: Mortgage lending figures
Nationwide stops lending on some flood-risk properties
Britain’s biggest building society has stopped granting mortgages on some properties where there is a high risk of flooding but said this affected only “a…
View More Nationwide stops lending on some flood-risk propertiesLeading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’
At least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to “market uncertainty”, adding to pressure on homebuyers and…
View More Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’Mortgage reforms have excluded first-time buyers, say UK building societies
Mortgage reforms introduced after the 2008 banking crisis have “tilted too far” in support of financial stability to the point that first-time buyers are being…
View More Mortgage reforms have excluded first-time buyers, say UK building societiesNumber of UK first-time buyers in 2023 was lowest in a decade
The number of first-time buyers who bought a home with a mortgage fell to its lowest level in a decade in 2023, according to a…
View More Number of UK first-time buyers in 2023 was lowest in a decadeBuyer’s market fuels fastest fall in UK house prices in 14 years
UK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth consecutive monthly drop in…
View More Buyer’s market fuels fastest fall in UK house prices in 14 yearsSunak says no extra help with mortgages as fixed rates climb to 6%
Rishi Sunak has ruled out extra help for UK homeowners struggling to pay soaring mortgage costs, as the average two-year fixed-rate loan rose above 6%.…
View More Sunak says no extra help with mortgages as fixed rates climb to 6%UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates
Households looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday’s inflation figures sent the…
View More UK homeowners and first-time buyers warned to brace for 5%-plus mortgage ratesUK mortgage approvals rise for first time in six months
Mortgage approvals rose for the first time in six months in February amid signs that the collapse in demand for property seen last autumn might…
View More UK mortgage approvals rise for first time in six monthsUK’s 13-year housing market boom to end in 2023, surveyors predict
Homeowners will struggle to make mortgage repayments and repossessions will rise next year as soaring interest rates and falling prices mark the end of the…
View More UK’s 13-year housing market boom to end in 2023, surveyors predict