The UK regions most and least confident about house price rises in the next six months

The UK has seen dramatic changes in their house prices as of recently. The next six months are going to be a dramatic change for these locals. The most and least confident regions in the UK will be affected by these changes. Local home owners want to see prices change as a result of new […]

Mortgage lending could spark crisis, bank warns

There are more new home buyers in the UK just lately. And while that may seem like a positive. The Central Bank and its governor, Philip Lane do see cause for concern just beyond the primroses. The new home buys have resulted in sales upwards of 1.5 billion. So, far so good. But, Central Bank, […]

Collapse in buy-to-let lending as landlords back out of market

The buy-to-let market has sunk nearly 20% in the past year as many fear government regulation will interfere with the already tense feeling present after Brexit. Taxes are high and so is the price of properties, this results in many investors holding onto what they have instead of taking the risk on the market. New […]

Homeowners face mortgage bill rises despite Bank of England holding interest rates at 0.5%

It’s likely that homeowners in the UK are feeling like they can’t catch a break. A winter word of things to come in February put homeowners on red alert, as the Bank of England suggested base rates would rise. Many attempted to lock in their fixed rates, only to find that lenders were anticipating the […]

First-time buyer levels up, remortgaging softens: UK Finance

UK Finance, which tracks mortgage trends in Great Britain, found that loan patterns had shifted a bit, with a small but notable uptick in monies going to first-time mortgage buyers and a considerable lessening in monies going to remortgagers. The comparisons are based on the same month of last year and they show a 2% […]

Landlords able to access better costs on buy to let mortgages

With buy-to-let mortgage rates falling, many landlords are taking advantage. Due to this, money lenders are lowering their own rates to attract clients. If the landlord is working as a limited company then arrangement fees are being waived and lenders are taking on more of the costs for fixed rate mortgages. Fixed rates fell for […]

Pound Falls After UK Mortgage Approvals, Manufacturing PMI

The British Pound has fallen after some eventful news as of lately. Manufacturing PMI has been an influential factor that everyone needs to follow. The UK Mortgage approvals have changed the housing market to a significant extent. The British Pound seems to be responding to that trend in good time as well. People are nervous […]

UK house prices edge higher in April — Nationwide

Financial Times is a great resource and people should use it over time. UK housing prices are edging higher in the month of April. The market is ready for some important changes in the coming months. UK housing prices are a big selling point and people want to follow along. Both buyers and sellers might […]

UK March mortgage approvals 62.9k vs 63.0k expected

In March UK’s mortgage approvals fell slightly.This would co-inside with the UK’s slowing housing market. The mortgage approvals net lending was up compared to expected while Net consumer spending was lower than expected. The money supply for the month’s data is down while the money supply for the year’s data is also down. This data […]

To live in interesting time – markets are preparing for the Bank of England’s latest rate decision due in May

Expectations are high that the Bank of England will raise the base rate for the second time from the current rate of 0.5 to 0.75 percent. While economist believe it’s possible, the markets are predicting a 28 percent chance of a hike. The markets are pricing in the lower expectation after last Friday’s GDP data. […]