ONS house price index July

The Office for National Statistics today releasesĀ  it’s statistical bulletin: House Price index for July 2015. UK house prices increased by 5.2% in the year to July 2015, down from 5.7% in the year to June 2015. House price annual inflation was 5.6% in England, 0.3% in Wales, 7.4% in Northern Ireland and -1.3% in…

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Stricter lending criteria for BTL mortgages

High street lenders are getting tougher with landlords applying for mortgagesĀ  to purchase a buy-to-let property, it has been announced in various publications that lenders are looking to introduce stricter criteria when it comes to checking applications, higher interest rates could also be applied to these mortgages. It has been mentioned that Landlords will face…

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Priced out of market

Kerb appeal

According to a report by the Halifax, high house prices and low incomes are seen as strong barriers to getting on the property ladder, this is supported by a recent report in a Shropshire local paper spotlighting a young couple who are typical among hundreds of thousands of young people who are giving up the…

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