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Housing Archive
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House prices fall in September, but property and mortgage affordability is improving
UK house prices fell by 0.5% in September according Halifax’s latest monthly house price index, taking the average house price to £161,132. Prices for the third quarter (July to September) were up 01% on the previous quarter – the first quarterly rise since the beginning of 2010 and on an annual basis, house prices are [...] -
New 100% mortgage deal available to homebuyers
Earlier this week, Aldermore Bank, the specialist mortgage lender, launched a new 100% mortgage deal which allows first or second time buyers to buy a new home without the need for a deposit. The scheme, called the Family Guarantee Mortgage, offers a mortgage up to 100% of the property value, with any borrowing above 75% [...] -
Nationwide latest house price index shows fall
Nationwide, the UKs largest building society, announced this morning that house prices dropped by 0.6% in August and have dropped by 0.4% over the past year. House prices now stand at an average of £165,914. Nationwide expects the sluggish market to persist and the period of stability seen over the last 12 months to continue [...]