Tag Archives: Funding for Lending

Economic recovery leads to 22 per cent rise in first-time buyers

Well over a quarter of a million people became first-time buyers across the UK last year. Halifax, the country’s largest mortgage lender, says about 265,000 homebuyers took their first step onto the property ladder in 2013. This was 22 per … Continue reading

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House prices predicted to rise by up to eight per cent in 2014

House prices will rise by up to eight per cent this year, according to the country’s largest mortgage lender. Halifax predicts that prices will continue to increase throughout the year and be four to eight per cent higher by the end … Continue reading

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Help to Buy triggers 32 per cent increase in mortgage lending

The UK housing market recovery has continued with a surge in new mortgage lending. According to industry figures, new mortgage lending was 32 per cent higher in October compared with the same period last year. The  value of all home … Continue reading

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House prices go up again – but increasing housing supply could check further rises

House prices rose by 1.6 per cent in the three months to October as the demand for homes showed no signs of easing off. New figures from the Halifax show that prices increased by 0.7 per cent in October compared … Continue reading

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House prices increase by 5.8 per cent within 12 months

House prices are now 5.8 per cent higher than they were a year ago, according to new figures. Nationwide’s house price index shows that the average price of properties across England and Wales rose by one per cent in October, … Continue reading

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Lending to homebuyers highest for five years: Bank of England

The number of mortgages being approved in the UK is higher than at any stage since the beginning of the financial crisis over five years ago. Latest figures from the Bank of England show that 66,735 home loans were approved … Continue reading

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33 per cent annual increase in first-time buyers gaining a foothold on home ownership ladder

The number of new home buyers taking out mortgages for the first time rose by seven per cent in August. Compared with the same period a year ago, there has been a huge increase in demand with 33 per cent … Continue reading

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