Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]
UK rental costs are the highest in Europe but homeowners are benefiting from cheap mortgages, data suggests. Tenants typically spend 39.1% of their income on rent compared with a European average of 28%, figures from the National Housing Federation suggest. The federation, which represents housing associations, also said that renters were less secure in their […]
Lack of homes for sale in April drove up prices as surveyors warn that the government must encourage building of new The number of homes coming on to the market fell to its lowest level in almost six years in April, driving up prices across the UK, surveyors said on Thursday. The affordability and availability […]
Overseas investors rushed back to the London housing market on Friday, after the Conservative election victory dispelled the gloom that had hung over them for months. Several estate agents who buy and sell multimillion pound houses reported their phones had begun to ring early on Friday morning with calls from wealthy people around the world […]
