Land Registry House Price Index: House prices still rising slowly

Land Registry House Price IndexThe latest figures from the Land Registry show house prices are still rising, but at a slower rate than indicated by other surveys. According to figures released today house prices rose by 0.6% in June and are 0.8% higher than this time last year. The Land Registry’s figure for June, is broadly in line with those from the Halifax and Nationwide. However, the annual rise is significantly below the other two surveys, which put the increase at 3.7% and 1.9% ...

Housing & Mortgage Round Up: Two house price surveys, whilst Bank of Ireland angers mortgage holders

Housing & Mortgage Round Up: Two house price surveys, whilst Bank of Ireland angers mortgage holdersWe have two house price surveys this week; one showing a rise in house prices over the past year, the other a fall. We also look at how the Bank of Ireland has angered 13,500 existing mortgage customers by more than doubling the interest rate they pay. Finally we bring you news that the UK’s largest buy to let mortgage ...

Housing & mortgage round up: Stagnant house prices, but encouraging mortgage figures

Housing & mortgage round up: Stagnant house pricesTwo new house price surveys, out this week, have confirmed what most people already knew, that house prices seem to be going nowhere, up or down, in a hurry. However, these is some encouraging news when it comes to mortgage approvals, even if those borrowers who want the flexibility of an interest-only mortgage now have even less choice....

Housing round up: Signs of a recovery and the demise of Interest Only mortgages

Housing & mortgage round upA busy week for the housing market! We have seen figures pointing to a possible recovery in the housing market, whilst three lenders change their criteria for Interest Only mortgages and buyers of the most expensive properties are hit with a rise in Stamp Duty. Nationwide say house prices rose in February The Nationwide’s house price index has shown that property prices rose by 0.6% in February taking the average property value to £162,712. The survey also showed that ...