Mortgage lending also rose in March according to the Council of Mortgage Lenders. Gross lending was £11.5 billion for the month, up 16 per cent from February, although it remains less than half the amount lent a year earlier. The CML warned that increase was a normal seasonal riseRead More →

The average will UK house price grow by 2 per cent between the fourth quarter of 2016 and the end of 2017, according to the Centre for Economics and Business Research (CEBR). There is a good chance that they will rise even more quickly, thanks to the unprecedented collapseRead More →

Nicola Sturgeon has been accused of leaving homeowners in Scotland at greater risk of repossession after she rubbished the recent safeguards introduced in England and Wales. Interviewed on television, she said that the government was committed to helping homeowners, but in a ‘meaningful way’, arguing that the ‘protocol southRead More →

Research from the National Association of Estate Agents has revealed that nearly one in four people claim they are unable to get a mortgage due to the tighter lending criteria being used by banks and building societies. More than half of those asked believed that they would have moreRead More →