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Inspector Morse prompts Oxford house boom

House prices in Oxford have outstripped the regional and national average since the television series Inspector Morse first aired 20 years ago, reveals new research.

The research, undertaken by Halifax, shows the average house price in Oxford is now 304,467 – an increase of 388% compared with the average figure of 62,444 in 1986 – the year before Inspector Morse first reached our screens.

Over the same period, house prices across the UK increased by 348% to 179,601.

Martin Ellis, chief economist at Halifax, says: The premium between house prices in Oxford and the UK average has increased over the 20 years since Inspector Morse first appeared on our TV screens.

The average price in Oxford is now 70% above the national average, compared
with 56% back in 1986.”


Mortgage Match launches website

Mortgage Match, Nottinghamshire, has launched a new website as part of a long term Information Technology strategy. Functions include an active online “application in principle” form, comprehensive downloadable documents, links to all panel lenders’ websites and information services for brokers to place and process mortgage and secured loan applications.Mary Kavanagh-Jones, director of Mortgage Match, says: […]

Coventry improves B2L lending policy

Coventry has made significant improvements to its buy-to-let lending policy with immediate effect. Key highlights are: Rental income requirement reduced to 120% (over 65% LTV). No minimum income requirement below 65% LTV. Minimum income requirement over 65% LTV – 20,000 per application. Maximum loan amount per property doubled to 1m. Maximum number of properties increased […]

BDS adds New Life to panel

BDS Mortgage Group has added New Life, the lifetime mortgage specialist, to its packaged lender panel. This equity release lender is a member of Safe Home Income Plans and has been writing mortgages since 2004.Products on offer include main residence and second home lifetime mortgages alongside investment and holiday home loans. Bob Hope, network manager […]

Pain and Maltby to serve second CML term

The Council of Mortgage Lenders has confirmed that chairman Jon Pain and deputy chairman John Maltby will serve a second term in their respective positions in the trade body. The confirmation came during a meeting of the CML’s executive committee, Pain is the managing director of Cheltenham and Gloucester while Maltby is chief executive of […]

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Has Britain really stopped saving?

By Steve Webb, Director of Policy and External Communications Our latest policy paper reveals what the fall in the savings ratio does (and doesn’t) mean In June 2017, the Office for National Statistics published its estimates for the ‘savings ratio’ for the first quarter of 2017. This is essentially a measure of the percentage of […]


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