by Alan Lowery | Jun 9, 2023 | Uncategorized
The number of mortgages approved in the UK for people buying a home rose sharply at the start of spring, Bank of England figures show. The number of loan approvals for house purchases rose 18% between February and March, rising from 44,100 to 52,000. It reflects signs...
by Alan Lowery | Jun 5, 2023 | Uncategorized
UK house prices rose by 0.5% in April after seven consecutive months of falls, according to the Nationwide building society. Economists had been expecting average prices to decrease during the month. Prices had been falling since August last year, after Liz...
by Alan Lowery | Apr 11, 2023 | Uncategorized
Michael Gove has admitted past mistakes made by the government over social housing have contributed to some tenants being neglected by landlords. The housing secretary told the BBC the case of Sheila Seleoane – who lay dead in her flat for two-and-a-half years...
by Alan Lowery | Mar 27, 2023 | Uncategorized
Tenants in properties owned by private landlords have faced the highest rise in rent since comparable records began seven years ago, official data shows. Rents rose 4% last year as landlords, who face their own squeeze from higher mortgage rates, passed on those...
by Alan Lowery | Mar 22, 2023 | Uncategorized
Almost two million households will see fixed-rate mortgage deals end this year, with most facing the prospect of higher monthly payments. What options do borrowers have? What’s happening to mortgage rates? About 20% of residential mortgage-holders have variable...