Housefund Article Archive for February 2007

 CML urges a delay on HIPS

The Council of Mortgage Lenders has called for the implementation of HIPs to be postponed until full evidence from research and area trials is available.

Posted in News on 22 February 2007

 Record mortgage lending

Gross lending hit an all-time January high of £26.8 billion according to the latest data from the Council of Mortgage Lenders.

Posted in News on 21 February 2007

 Rate rises are putting off buyers

A lack of property on the market has driven up house prices for the fifteenth consecutive month, despite cooling demand, says RICS UK Housing Market Survey.

Posted in News on 20 February 2007

 First-time buyers hit by double whammy

Nationwide Building Society has released a report showing the effects of interest rate and house price rises on first-time buyers and it’s a double whammy for them – high house prices and rate rises.

Posted in News on 20 February 2007

 House market remains steady

The latest housing market survey from the National Association of Estate Agents has shown a positive overall national picture in the residential housing market for the start of 2007.

Posted in News on 15 February 2007

 Growth in buy-to-let faster than house market

330,000 buy-to-let mortgages, worth a total of £38.4 billion, were taken out in 2006, according to figures released by the Council of Mortgage Lenders.

Posted in News on 15 February 2007

 Decline in affordability to dampen 2007

Gross mortgage lending in December fell 14% from November’s all-time high of £33.2 billion to £28.6 billion, but was still the highest December figure on record, according to new data published today by the Council of Mortgage Lenders.

Posted in News on 13 February 2007