affordable mortgages
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Latest property news
Chancellor ‘ditches’ 1% mortgages ahead of Budget after backlash
Reports suggest Chancellor Jeremy Hunt has scrapped plans to introduce a 1% mortgage to help first-time buyers.
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Latest property news
Property expert slams 1% mortgages as ‘unworkable’
Charlie Davidson of law firm Bishop & Sewell says 1% mortgages will leave first time buyers with huge debts.
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Latest property news
Treasury warns mortgages ‘would jump £2K under Labour’
Officials have done some number crunching of Labour's spending plans and claim they would add nearly £2,000 to mortgage bills.
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Latest property news
Mortgage arrears set to balloon as cost of living bites, warns Nationwide
The building society says many more homeowners are unable to afford their mortage repayments.
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Latest property news
Rogue spray foam firms STILL ‘making homes impossible to sell’
Vulnerable homeowners are still being duped by door-to-door spray foam salesmen, it is reported, even though the foam can make homes impossible to put on the market.
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Latest property news
Stock levels surge as sellers buoyed by better mortgage market
Estate agency comparison site GetAgent says new for sale homes have shot up 128% since the start of the year.
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Latest property news
REACTION: Housing market slump drives 30% activity drop says Nationwide
New figures from Nationwide show a 30% fall in mortgages granted in August compared to pre-Covid pandemic levels.
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Latest property news
REACTION: Bank of England maintains interest rate at 5.25%
The Bank of England has decided to keep the base interest rate at 5.25% in a close vote of the Monetary Policy Committee.
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Latest property news
Housing market ‘poised to pick up’ in next few months – claim
Jonathan Samuels at property lenders Octane Capital is predicting a recovery in the market this autumn as mortgage rates drop.
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Latest property news
Private landlords downsize in record numbers, NRLA reveals
The NRLA says 12% of landlords sold properties in a three month period this year.
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