Savills has forecast that only around half of the government’s target of 300,000 new homes will be completed each year over the next five years. The estate agency predicts housebuilding completions will average 167,500 per year between now and 2029/30, which is just 56% of…
The Bank of England has kept interest rates at 3.75% for the fourth time in a row, as widely expected…
Barclays will cut purchase rates by up to 37 basis points tomorrow, but withdraw its best buy two-year tracker at…
According to Moneyfacts, average fixed-rate mortgage prices fell again this week, helped by major interest rate cuts by mainstream lenders.…
The government has outlined plans for a major overhaul of the house-buying process in England and Wales to speed up…
Industry News
The number of complaints about home financing rose 3.7% to 94,822 in the last half of last year, compared to the previous six months,…
Keystone Property Finance should enable landlords to request a further advance in…
A residential real estate sale sign can be seen in Washington, DC…
A recent survey of financial experts shows that there has been a…
Mortgage Rate
While variable rate mortgage holders eagerly await the first rate cut from the Bank of Canada, fixed rates are heading…
Lending
The Bank of England has kept interest rates at 3.75% for the fourth time in a row, as widely expected by economists. Yesterday’s consumer price index…