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...
by | Feb 8, 2018 | Mortgages
The government plans to make it easier to add an extra two stories to properties by loosening planning rules. The government said it wants to usher in a new generation of town houses and ease pressure on space in cities such as London and Manchester. Sajid Javid,...
by | Jan 29, 2018 | Mortgages
More than half of housebuilders are launching apprenticeship schemes to address the industry’s chronic shortage of skilled workers, a survey from Lloyds Banking Group has found. As the country embarks on a housebuilding drive, companies have repeatedly warned that...
by | Jan 23, 2018 | Mortgages
A new digital mortgage service is to be launched by HM Land Registry (HMLR) in 2018 that will enable borrowers to sign mortgage deeds digitally. This should speed up the remortgage process and improve the customer experience. The service was due to launch at the end...
