Buy-to-let investors show no signs of wanting to sell their properties despite recent rate rise and speculation about a housing market bust, reveals the Royal Institution of Chartered Surveyors.
Londoners wishing to buy a home will now have to consider splashing out over £250,000 after UK property prices continued to surge last month, according to a survey by Hometrack.
John Hayes, shadow housing minister, has outlined proposals from the Tory party to boost access to housing by boosting availability of mortgages to first time buyers.
Mortgage lending in April reached its highest monthly peak so far this year, says a survey by the British Bankers' Association, but lenders still believe the market will begin to slowdown later this year.
HSA, a corporate healthcare provider, has decided to offer a helping hand to those in its workforce wishing to step onto the property ladder as a part of its benefit package.
The Council of Mortgage Lenders says there has been too much government intervention in the mortgage market over the past 12 months, deeming the amount of legislative and policy initiatives as excessive.
The average house price in the UK is now past the £150,000 mark as lack of supply continues to push prices higher, says property research and database provider Hometrack.
Spread of MPPI cover has been helped by falling premium rates over the past six years, an increase in the number of providers in the market and overall growth in the housing market, says the Council of Mortgage Lenders.
Mortgage lending in the UK shows little sign of slowing down as the Council of Mortgage Lenders says lending in March may have hit a record high.
The fast rising age of the average first time buyer in the UK means a sharp increase in the number of people carrying mortgage debt into future retirement, in turn fuelling a future boom in equity release sales, research published by Prudential suggests....