News

January 8th, 2014

Recent figures from Nationwide Building Society revealed an 8.4% rise in house prices in 2013, indicating a monthly rise of £1,131 in the value of the average property.

The report, which has prompted further c... Read More

January 2nd, 2014

As memories of the festive period excesses begin to recede, many contractors will start to plan for moving home or improving existing homes in 2014. Others will simply be looking to tidy up personal finances by using stead... Read More

January 2nd, 2014

Downing Street has advised that the Help to Buy Mortgage Guarantee scheme had aided almost 750 house purchases since it was introduced in October 2013.

The scheme, which is available across the whole of the UK, was ... Read More

December 17th, 2013

While giving his view on the Help to Buy scheme to the Treasury select committee today, Paul Smee, director general of the Council of Mortgage Lenders, proclaimed concern that if the Government waivered from ending the sch... Read More

December 12th, 2013

James Mitchell, professor of economic forecasting for Warwick Business School, has taken data held by Halifax Bank on national earnings and property prices to calculate the risks of a housing bubble developing across the U... Read More

December 10th, 2013

At a time when property prices are on the increase and mortgage rates are predicted to follow suit, is now the time to look at longer term fixed rates? Several ‘contractor-friendly’ lenders have reacted to demand and s... Read More

December 5th, 2013

The Bank of England has shown its first outward sign that the UK property market is threatening to overheat.

One of the first measures that the Bank introduced last year to kick-start the economic recovery, was to m... Read More

December 4th, 2013

Since the Bank of England confirmed last week that a full scale withdrawal of the Funding for Lending scheme for mortgage funding was to take place, speculation has been rife as to whether lenders would take this opportuni... Read More

November 28th, 2013

When asked this week whether the Bank of England could step in to end the divisive Help to Buy scheme in the event of it creating instability in the UK financial market, it has been made clear that the last word on the iss... Read More

November 27th, 2013

The Governor of the Bank of England has urged lenders to continue their stringent underwriting of mortgage applications in order to avoid another property bubble.

Mark Carney stated “it is important that under... Read More