Mortgages

Inside Mortgages

Mortgage lending slumps to 20-month low

Thursday, 23 December 2010

Mortgage lending rose at its slowest rate for more than a decade during November as the number of loans approved for house purchase also slumped to a 20-month low, figures showed today.

Mayor approves Battersea plans

Thursday, 23 December 2010

The redevelopment of Battersea Power Station moved a step closer yesterday after years of setbacks and frustration, as London Mayor Boris Johnson gave the plan his blessing.

Mortgage lending falls

Tuesday, 21 December 2010

Total mortgage advances fell by 5 per cent to £11.1bn during November, according to the Council of Mortgage Lenders. Lending during November was also 10 per cent down on the £12.3bn that was advanced in the same month of 2009.

Mortgage lending at lowest level for ten years

Monday, 20 December 2010

Mortgage lending fell to its lowest level for November for a decade as demand remained "heavily constrained", figures showed today.

Chill headwinds blast through the housing market

Sunday, 19 December 2010

Cuts, rising unemployment and falling confidence mean the market is still on a knife-edge. Julian Knight reports

British buyers snap up US repossessions

Sunday, 12 December 2010

The collapse of large sections of the American housing market has given property hunters in the UK a lucrative investment opportunity. Chiara Cavaglieri reports

Lenders urged to help military families

Wednesday, 8 December 2010

Lenders are being urged by the Government to help armed forces personnel get mortgages after a review found a "significant percentage" found it hard to secure finance.

Rents soar amid loan drought

Wednesday, 1 December 2010

Rents are rising at their fastest rate for three years as demand for homes to let soars, according to the Royal Institution of Chartered Surveyors (Rics).

Mortgage approvals dip to eight-month low

Tuesday, 30 November 2010

The housing market seems set to remain in the doldrums for some months yet, with the latest Bank of England figures on home loans showing few signs of life. Fresh readings on consumer confidence also suggest a slippage.

Mortgage approvals fall for sixth month running

Monday, 29 November 2010

The number of mortgages approved for house purchase fell for the sixth month in a row during October as buyers continued to stay away from the property market.

October house sales down 10,000 on last year

Thursday, 25 November 2010

Further evidence of the slowdown in the property market has emerged with HM Revenue & Customs reporting that just 79,000 residential properties changed hands in the UK in October.

Turner offers little hope for first-time buyers

Wednesday, 24 November 2010

Sean O'Grady: FSA chairman denies authority is creating a 'mortgage famine'.

Nationwide warns of further house price falls

Wednesday, 24 November 2010

House prices will remain flat at best and could fall further by early next year, Nationwide warned yesterday.

Dip in house sales takes gloss off US growth figures

Wednesday, 24 November 2010

The US economy expanded at a faster pace than previously estimated during the third quarter, official figures showed yesterday, but recovery hopes were tempered by evidence that the housing market remains hamstrung by tight credit conditions.

Home loan approvals slump to 19-month low

Tuesday, 23 November 2010

Mortgage approvals for house purchase slumped to a 19-month low during October as potential buyers continued to stay away from the market, figures showed today.

Low interest rates 'to limit house price falls'

Tuesday, 23 November 2010

Nationwide Building Society today predicted UK house prices would avoid the hefty falls seen in 2008 despite buyer confidence being hit by government spending cuts.

Tenants 'expecting further rent increases'

Monday, 22 November 2010

Four out of 10 tenants expect the cost of renting a home to keep rising in the coming year as property supply fails to keep up with demand, a survey showed.

Strong Cyprus housing market attracts Britons

Sunday, 21 November 2010

UK buyers still flock to the Med despite horror stories of land claims affecting purchases. Julian Knight reports

Spotlight on...Co-operative two-year fixed 90% mortgage

Saturday, 20 November 2010

The deal The Co-operative has cut the rate on its two-year fixed-rate 90 per cent mortgage from 6.09 per cent to 5.69 per cent.

Mortgage famine drives up rents

Friday, 19 November 2010

Rents in England and Wales rose for the ninth consecutive month in October reaching record levels, according to research by LSL Property Services.

Mortgage lending slumps to lowest for a decade

Thursday, 18 November 2010

Mortgage lending slumped to its lowest October level for a decade as activity in the housing market remained subdued, figures showed today.

Barratt reports weak autumn

Thursday, 18 November 2010

A combination of weak consumer confidence and constrained mortgage lending continues to stand in the way of a significant recovery in the housing market, Barratt Developments said yesterday.

House prices dropped 0.8% in September

Tuesday, 16 November 2010

House prices fell by 0.8% during September as the property market continued to slow down, figures showed today.

Property asking prices fall by 3.2%

Monday, 15 November 2010

New sellers knocked nearly �7,500 off their asking prices during the past month as the housing market continued to stagnate, research indicated today.