In today’s ‘want it all and want it now’ culture, it’s not surprising that people – chief among them first-time buyers – often rush into buying a home.
Daily UK mortgage news
- Auctions pick up in Wales December 7, 2009Auctioneers working on behalf of estate agent Peter Alan sold all lots in an hour at an auction in Cardiff, a welcome sign that the Welsh housing market may have turned a corner.
- 95,000 forced to move home December 7, 2009The desire to get away from annoying neighbours has prompted 95,000 people to move house in the last two years.
- Wealthy still investing in property December 7, 2009Moneyed investors continue to view residential property as an attractive asset class, despite the falls in average values experienced in recent years.
- Call to change Local Housing Allowance December 7, 2009The National Landlords Association (NLA) is calling for the Government to introduce dramatic changes to the Local Housing Allowance (LHA) immediately.
- Buy-to-let looking attractive December 4, 2009Buying property to let out to private tenants is beginning to look like an attractive proposition, as reduced house prices and a steadying rental market bring about seductive returns for investors.
- UK house prices could fall again December 4, 2009Despite reports of growth in UK average house prices in the latter half of this year, Fitch warns that values could fall again in the next couple of years.
- Property valuations rise December 4, 2009The number of valuations being carried out on properties has risen by 50% compared to last November.
- Number of mortgage deals increases December 4, 2009The number of mortgage products on offer has rocketed by more than a third since April.
- Google plans threat to online estate agents December 3, 2009Google is talking to a number of UK estate agents with an eye to launching an online property portal, which could seriously threaten existing online property websites such as Rightmove.co.uk and findaproperty.com.
- First-time buyer lending up 26% December 3, 2009Mortgage lending to first-time buyers in Scotland soared by 26% in the third quarter of 2009.
