Housing & mortgage round up: House prices rise as do mortgage approvals

Housing & mortgage round upTwo house price surveys out this week, both showing a rise in house prices, whilst the number of mortgage approvals has risen and mortgage affordability is improving. All good news? Well, not quite. The housing market is still volatile, with any monthly rises being cancelled out by falls, to create a stagnant picture and mortgage finance is becoming even harder to obtain for people without large deposits. Nationwide: Surprise rise in house price...

Why Everyone Needs a Savings Account

Getting the best returns on your Savings Account has never been more important than it is these days. It really pays to know the difference between the accounts and what each is used for, but it’s also worth realising just how important it is to actually have one. Financial advisors and experts all agree that everyone should open one to have that emergency fund, or even if you are saving for something you know you need to pay for in the future. With so much uncertainty in the job market and general rising costs it’s more important than ever to have a ...

Housing round up: Demand for property rises, but so do mortgage interest rates

Housing & mortgage round upIn a relatively quiet week for housing news new figures have shown that demand for housing has risen, as has the number of properties coming onto the market. At the same time mortgage interest rates seem to be on the rise. Demand for housing hits highest level for two years The end of the Stamp Duty holiday for first time buyers seems to behind a rise in new enquiries. Figures from the Royal Institution of Charted Surveyors (Rics) show that ...