Annual house price inflation rose to 11.3% in April from 10.9% in March, statistics from the Department for Communities and Local Government reveal. Between March and April there was a rise of 1.2% in the prices of properties bought compared with a smaller rise of 0.8% over the same period last year. Annual house price inflation in London was up to 14% in April from 13.9 % in March.
Real estate agent Noscasa and mortgage broker My Mortgage Direct have teamed up to launch a deal for home buyers looking in buy property in Cape VerdeThe former Portuguese colony – once a parched slave trading post – is now tempting property investors from all over the world with caiprinias and Creole cuisine. Cath Hearnden, […]
UCB Home Loans is slashing rates on its self-cert and buy-to-let two-year trackers.At the same time, it will be increasing fixed rates on prime self-cert and buy-to-let two, three and five-year products.It will also be increasing the fixed rates on very near prime self-cert and full-status, as well as on prime full-status two and three […]
The Mortgage Works has increased the maximum LTV for non-status rental calculations from 70% LTV to 75% LTV on all buy-to-let products.The specialist lender has launched seven- and 10-year fixed rate mortgage products, with rental calculations at 110% of pay rate up to 85% LTV, together with procuration fees of 0.60% and 0.75% respectively. In […]
The UK is facing a chronic housing shortage and first-time buyers are paying the highest amount of mortgage interest for 15 years.
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