Why it’s cheaper to buy than rent…
Once, renting a house was the logical way to save up to buy a home of your own – but not anymore. In fact, it ... Read more
Mortgage lending up 8% in July
Gross mortgage lending increased to £12.7bn in July, representing a monthly increase of 8%, according to the latest figures from the Council of Mortgage Lenders. ... Read more
Gross lending drops 6% to £11.7bn in June
Gross lending totalled £11.7bn in June, 6% lower than May’s total of £12.5bn and 7% lower than in last June. But the Council of Mortgage ... Read more
Nearly half of renters can’t save for a deposit.
SpareRoom.co.uk last week published research showing that nearly half of UK renters cannot afford to save for a deposit. The results of its poll show ... Read more
Gross lending by building societies up 38% year-on-year!
Gross mortgage lending by building societies and other mutuals was up by 38% in the first half of the year compared with 2011. Gross lending ... Read more
House purchase lending up 33% in May
The number of house purchase loans grew by 33 per cent between April and May and by 24 per cent over the course of the ... Read more
Young men keener than women to buy a home.
An online survey of 2,012 people, including 776 non-homeowners, by Post Office Mortgages, found 36% of young men were planning to buy a home in ... Read more
House prices up 1% in June.
Halifax’s June house price index shows house prices rose 1% in June compared to May. Year-on-year house prices are down 0.5% and in the last ... Read more
58% of homeowners have never remortgaged
Barclays is warning that consumers are missing out on a huge cost-saving opportunity after research by the bank revealed that 58% of homeowners have never ... Read more