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Housing boom may be coming to an end, say lenders

The housing boom may be set to end, according to press speculation this weekend.

Nationwide is to publish their housing figures for June today and comments made by those who compile the index suggest recent monthly house price increases are not being sustained. A period of stagnation is forecast as opposed to the crash some have predicted.

The Nationwide index is of particular import as its indices are weighted towards the lower end of the market.

It is suggested that the fewer property transactions taking place each year is responsible for the unpredictability of house prices. This may be positive news, however, as fewer people have overstretched their resources.


Investors losing faith in the property market

Just 7% of investors now believe that the property sector offers the best return on investment, research by online financial services provider Ample shows. The figures taken from Ample&#39s Investor Sentiment Barometer, independently researched by TNS, showed a 5% reduction in investor confidence in the property market compared to the previous month. Ample&#39s Investor Sentiment […]

AToM launches two semi-exclusives with Birmingham Midshires

All Types of Mortgages Ltd has launched two semi-exclusives with Birmingham Midshires. The mainstream product includes a headline rate of 3.99%. The product tracks the Bank of England base rate and is discounted by 0.51% for two years, after which the rate tracks the Bank base rate plus 1.25% for the life of the loan […]

Legal & General Partnership receives MTA letter

The Legal & General Partnership has been issued with its minded to authorise letter by the FSA. The Legal & General Partnership will act as principal for firms wishing to be Legal & General&#39s appointed representatives for mortgage, protection and general insurance sales under the new FSA regulations starting to come into effect from October […]

BuildStore relaunches website

Self-build and renovation specialist BuildStore has relaunched its website,, with a new look and enhanced functionality. The website, which over the past 12 months has clocked up an average of 4,000 daily visitors, sports a number of new features including a facility to carry out preliminary mortgageapplications online or use &#39Mortgage Chooser&#39 for those […]


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