by | Apr 23, 2018 | Mortgages
Despite ‘severe’ need for lower cost homes in some areas, funding is not being released. Local councils in England are sitting on hundreds of millions of pounds of money designated for affordable housing. A total of £375m is available, £100m of which has not even been...
by | Apr 6, 2018 | Mortgages
Coventry Building Society and Enact Conveyancing have lodged the first digitally signed mortgage for a house in Rotherhithe, London. The digital mortgage was signed by the borrower and registered at HM Land Registry as part of its ‘sign your mortgage deed’ service,...
by | Mar 23, 2018 | Mortgages
Fifteen UK buyers are now chasing every property as demand reaches a post-Brexit vote high, data from haart estate agents has found. New buyer registrations increased by 20% in March, viewings rose by 17% and instructions were up by 15%. Paul Smith, chief executive of...
by | Mar 22, 2018 | Mortgages
Wages increased by 2.6% in the three months to January, data from the Office for National Statistics (ONS) today showed.And inflation eased back to 2.7%, according to data yesterday, meaning that it is now just a touch above wages and still well above the Bank of...
by | Feb 19, 2018 | Mortgages
First-time buyers are saving an average of £27,000 buying a property over those renting over a 30-year term, almost as much as the average deposit (£31,751). The Halifax Buying vs. Renting Review found that the average cost including mortgage payments of buying a...
by | Feb 9, 2018 | Mortgages
The Bank of England said interest rates will need to rise faster and sooner than previously projected, with the next increase now expected in May. Monetary policymakers unanimously voted to hold the base rate at 0.5% in February but used the latest inflation report...
