Housing market

The government is undermining its own Help to Buy scheme by imposing a large tax burden on first-time buyers, the Council of Mortgage Lenders (CML) has argued.

UK house prices are now 5.8% higher than this time a year ago, according to Nationwide, but are still 7% off their 2007 peak.

The Bank of England (BoE) could increase interest rates a "fair amount" without hurting homeowners taking advantage of the government's Help to Buy scheme, according to one of its policymakers.

FIVE THINGS

Britain's economic recovery is now firmly entrenched thanks to a spending spree by consumers - and fears of a housing bubble are just ‘hysteria', say leading economic forecasters.

Mortgage advisers are reporting a rise in Help to Buy enquiries, despite the fact they are unable to places cases yet.

The Financial Conduct Authority (FCA) is to consult the industry on the significance of small print in mortgage contracts in the wake of decisions by banks to increase their tracker rates.

UK house prices continued to rise at a "fairly brisk pace" in August, according to the latest figures from Nationwide.

Measures to increase confidence in the UK housing market could herald a new house price bubble, economists have warned.

Paragon Mortgages pull fixed-rate buy-to-let range because of volatile swap rates