Two more lenders have relaxed their mortgage rules, meaning homebuyers can now potentially borrow tens of thousands of pounds more. Both HSBC and First Direct have announced a change to the stress rates used in their mortgage affordability calculations. The changes will benefit those either buying or remortgaging. HSBC says the changes could enable 20,000 more […]
Mynest
UK house prices increase by over 5% compared to last year with one region up by 9% – full list…
UK house prices have risen by 5.4 per cent compared to last year.
House prices FELL in March as higher stamp duty costs took hold…
The average home fell in value by £1,575 last month as buyers factored in higher stamp duty costs, the latest figures from Halifax show.
Housing market set to slow after biggest price rise for two years…
The housing market is set to slow after the biggest price rise for two years. The value of a typical home hit £269,000 in January, up 4.9 per cent on a year earlier, according to the Office for National Statistics. It was the fastest increase since January 2023 and came as lower interest rates and […]
North Yorkshire’s housing market has a ‘spring’ in its step…
There are currently 8% more homes for sale and 9% more sales agreed than there were 12 months ago on Rightmove. However, Yorkshire’s largest independent estate agent, Dacre, Son & Hartley’s own figures are significantly outperforming the national market. During January and February, the company has seen a 15% increase in homes for sale and […]
Mortgage rules could be eased to boost loans…
Strict rules on mortgage lending could be loosened to allow more people to borrow for a home, as regulators respond to a call to boost the economy.
Outright ban on new leasehold flats moves closer…
New leasehold flats in England and Wales are set to be banned under the latest government plans to reform home ownership.
Home buying process to be modernised to stop property deals falling through…
House buying is to be modernised to prevent thousands of transactions from falling through, the Government has announced. The Ministry of Housing, Communities and Local Government has unveiled plans for a fully digitised home buying process that would give conveyancers and lenders clear information and hopefully stop chains from collapsing. Around one million property transactions […]
Mortgage rules could be eased to boost loans…
Strict rules on mortgage lending could be loosened to allow more people to borrow for a home, as regulators respond to a call to boost the economy…
UK housing market ‘starts new year with a bang’, says Rightmove…
A record number of new sellers have come on to the UK housing market since Boxing Day, while the average price and the number of sales agreed also increased, pointing to a busier 2025, according to a report. The average price of a property coming to market rose by 1.7%, or £5,992, this month to […]
