Average 5 year mortgage hits 6.00%
The rising cost of fixed rate mortgages continues as the average five year fixed rate mortgage hits 6.00%, the highest level since 22 December 2008.
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Scarcity of housing props up house prices
Rising sales volumes together with a dwindling supply of housing for sale and a continued increase in demand are underpinning pricing levels, Hometrack has said.
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Bank of England reports house market growth
New figures from the Bank of England suggest that the house market experienced more growth during May with an increase in the number of mortgages approved.
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Building Society lending is ‘steady’ but still ‘depressed’
Gross mortgage lending by building societies was £1,515 million in May 2009, compared to £3,530 million in May 2008.
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House prices rise by 0.9% during June
House prices in the UK rose by 0.9% in June, third rise in the past four months, according to the latest survey from the Nationwide building society.
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The kitchen is the place to be
When it comes to getting our house in order, the kitchen is truly the heart of the home, according to new research from Halifax Estate Agents.
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Landlords looking lively in bargain basement
Landlords have been snapping up more properties in the last quarter than in the previous three months, says the Association of Residential Letting Agents (ARLA).
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