UK Finance: Gross mortgage lending up 9% in June

UK Finance has estimated that gross mortgage lending reached £22.1bn in June, 9 per cent above the total for May. The trade body, which encompasses the former Council of Mortgage Lenders, says that the June 2017 total is 3 per cent higher than...continue reading

Hundreds of thousands to pay off mortgages with pension cash

Around 320,000 homeowners aged 51-65 are planning to use money from their pensions to pay off their mortgages, according to new research from retirement income provider Just Group. Just adds that 23 per cent of the homeowners aged 51-65, or nearly a...continue reading

House sales see summer increase

New data and analysis from NAEA Propertymark has shown that sales for homes are up as buyers push through summer property transactions. According to the figures, the number of sales agreed per branch rose from 10 in May to 11 in June with the propor...continue reading

Market Update: August 2017

No-one can fail to have noticed that the roads are easier to navigate in the mornings and evenings which is a sure sign that our schools are into their traditional summer break. The period between late July and the beginning of September is, of cour...continue reading

First time buyers getting older but appetite to buy remains strong

The average first-time buyer is getting older and richer, but the appetite for home ownership remains undimmed, according to the UK Finance mortgage board. The trade body says that while the average age of an FTB has been largely unchanged since 199...continue reading

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