UK house price inflation continues to slow – Property Investor Today

Data released by the Office for National Statistics is said to show that the inflation of residential property prices is slowing down. The City of London, Kensington and Chelsea, and Aberdeen have seen property prices fall – explained by stamp duty and the UK’s relationship with Europe. There remain growth-areas in the East and South-East. […]

House prices: ‘Market drought may be over’ – The Week UK

House price growth in the UK’s newer towns has, on average, increased more than the UK average. For example, Milton Keynes has seen the highest price rise over the past 30 years, with an average increase of 601% over this period. The study was completed by Halifax and used data from 26 towns. House prices […]

House prices close to another record high in December – The Week UK

House prices in the UK’s new towns have grown faster than the country as a whole over the last 10 years, according to a study by Halifax. Good transport links and lower house prices make new towns such as Milton Keynes popular options for people commuting to work in commercial centres like London. Higher prices […]

How deep is your debt? 60% of mortgage borrowers oblivious to how much they owe – and the £1000s they could save … – Mirror.co.uk

As many as three in five UK adults are unable to say how much is left to repay on their mortgage, a study has found. Despite a mortgage being one of the main financial burdens in people’s lives, just 40% of 2,000 adults questioned could say how much they had left to repay. The study […]

How to pay off your mortgage years early – AOL Money UK

There are a few simple ways to pay off your mortgage sooner and save yourself a lot of money in the process. Overpaying each month, up to a certain limit, is allowed by many mortgage providers and will reduce the term as well as the total interest repaid. Offset mortgages offer an alternative to overpaying […]

UK property prices got a Brexit bounce – almost everywhere but London – Business Insider

Post-Brexit house prices have gradually recovered across the UK- with the exception of London. Housing market activity is once again picking up, albeit slowly, as confidence returns to the market. London, the home of the UK’s financial and political centres, has been hit hardest by post-Brexit uncertainty and shows a slower rate of recovery. UK […]

Mortgage lending ‘resilient’ as home ownership aspirations stay strong – AOL UK

Despite tax increased and political/economic uncertainty, mortgage lending rates have remained steady. Tax increases on buy-to-let lending and increases in stamp duty reduced landlord borrowing, but first-time buyers borrowed 9% more than they did in 2015. Despite economic uncertainty an overall trend of rising house prices means the aspiration to own a home remains widespread. […]

House prices picked up again at end of 2016 – The Week UK

New towns, such as Milton Keynes, have seen higher house price growth that the rest of the UK as a whole. Research from Halifax suggests these towns often benefit from being near larger cities and appeal to people due to house prices being lower than the major cities themselves. More generally, house prices continued to […]

Mortgage rates set to rise, fix your rate now to save – Telegraph.co.uk

With fixed rate mortgage costs predicted to rise, now might be a good item to remortgage to lock in a lower fixed interest rate. Research has shown 17 providers raised their fixed rates in the past month. There are still attractive deals on offer such as a market leading four-year fix at 1.83 percent so […]

How thousands are slashing their mortgage bills – and how you can … – Mirror.co.uk

Homeowners are taking advantage of low-interest rates by remortgaging. This can save them hundreds of pounds each year. Although some of the cheapest deals are being taken off the market, there are still some very competitive interest rates available. Some mortgage brokers are advising clients to act soon to secure the attractive deals while they […]