News

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Homebuyers 'wary' of Green Deal

Prospective home buyers are 'wary' of buying a property that has a Green Deal loan attached to it.

London-underground

London asking prices up £10,000+ in Q1

The average asking price for homes in Greater London has risen by over £10,000 to £368,357 in just three months, data has revealed.

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Mortgage applications up 54% year-on-year

As fixed mortgage rates fell for the ninth month in a row, applications for April have risen by over 50% since last year and 10% in April, according to a mortgage advice firm.

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Scottish govt launches £120m response to Help to Buy

The Scottish government has unveiled plans for a new shared equity programme in response to the UK government’s Help to Buy scheme.

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Welsh urged to keep first-time buyer scheme

The Council of Mortgage Lenders has urged the Welsh mortgage industry to keep its first-time buyer scheme despite the arrival of Help to Buy.

bobbuilder

Prisk admits self-build market has far to go; Lloyds to push kit homes

Housing Minister Mark Prisk has admitted the idea the self-build market had grown to maturity in the last three years was "false."

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Mervyn King issues government Help to Buy warning

Outgoing Bank of England governor Mervyn King has issued a warning to government over its flagship Help to Buy scheme.

ireland-flag

Bank of Ireland 'breaching regulations' with rate rise - landlords

The lawyer leading a class action against the Bank of Ireland has urged the regulators to do their job and protect borrowers from the 'unfair' Standard Variable Rate rise.

houseequity

Consumer misconceptions blight equity release

Advisers selling equity release products are still facing significant problems with client misconceptions over about the sector.

buy to let mortgage

TMW opens up BTL range to first-time landlords

The Mortgage Works is targeting first-time landlords by opening up its range of buy-to-let deals.

houses-semidetached

Low interest rates drove April remortgage spurt

Two-thirds of homeowners remortgaging an existing property in April were aiming to take advantage of lower mortgage rates, according to research from LMS.

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Warning for Brits with second homes in Spain

Brits who own second homes in Spain could soon find it difficult to rent them out to holidaymakers.

Map of Scotland

Bleak outlook for Scottish house market

House prices in Scotland have fallen in the last year and risk being left behind the rest of the UK.

obama44

Obama paying 5.625% for mortgage

Barack Obama is paying over the odds for his own mortgage.

taylor-wimpey-house-minus-firstbuy

Developers use Government schemes to downplay asking prices

Property developers are using Government help for buyers to market new build houses at 80% of their actual price.

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