Rents and buy to let mortgages on the rise, whilst unlet properties also increase

Rents and buy to let mortgages on the rise, whilst unlet properties also increase 150pxRecent research from Experian has revealed the number of unlet properties is on the rise, raising concerns that the buy to let market could be overheating. Ever since the housing market crashed in 2008, efforts have been made to encourage first time buyers and home movers, but experts believe the success of schemes such as Help to Buy, could be having a detrimental effect on the buy to let market. Experian have revealed that the amount of ...

Housing & Mortgage round up: Mortgage fees on the rise, whilst borrowers are left exposed

Housing & mortgage round up_istockphotoNo house price surveys to report this week, instead we focus on news that mortgage arrangement fees are on the rise, whilst a lack of savings is leaving millions of mortgage borrowers hugely exposed if they lose their job. We also bring you research which goes someway to dispel the myth that first time buyers rely on the bank of mum and dad for their mortgage deposit. Mortgage fees on the rise Despite interest ...

Housing & mortgage round up: Halifax house prices figures and a rise in mortgage fraud

Halifax house prices figures and a rise in mortgage fraudIn a week dominated by the Autumn Statement it’s been pretty quiet on the housing front, although we can bring you the latest Halifax house price figures and also news of a worrying rise in the level of mortgage fraud. Latest Halifax house price survey: A stable or stagnant market? Last week we had figures from the Nationwide, this week it’s the turn of the Halifax to release their house price data for November. According ...

Housing & mortgage round up: Confusing mortgage and sales data released, whilst Santander anger customers

Housing & mortgage round upNo house prices surveys this week but still plenty of mortgage and housing news for you to catch up on. This week saw yet more confusing data announced, with reports that mortgage lending jumped in July, whilst the number of house sales fell. Santander angered many customers by announcing that they will be following the lead of other mortgage lenders and increasing their Standard Variable Rate, whilst a rise in mortgage fraud has been reported by Experian....