House Prices

House prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-...


Home buyers gain in confidence

  Lower borrowing costs and cheaper house prices have oiled up the housing market, helping purchases overtake remortgages for the first time since 2007. The monthly mortgage index published by John Charcol revealed that purchases made up 53.4% of the mortgage adviser's...


Interest Rates latest....

The Bank of England has held interest rates at a record low of 0.5 per cent. Rates have plummeted from 5 per cent last October and the Bank's Monetary Policy Committee had been expected to keep the level unchanged. Meanwhile, the BoE said it will maintain its £125 billion...