First 2009 rise in house prices

House prices in England and Wales have risen month-on-month for the first time since January 2008, according to the Land Registry. The 0.1% rise in June compared with May brought the value of the average home to £153,046, the survey found. It said that the figures revealed...


Summer rise in mortgage lending

The total amount of UK mortgage lending rose sharply in June compared with the previous month, according to lenders. The amount lent by members of the Council of Mortgage Lenders (CML) reached £12.3bn in June, up from £10.5bn a month earlier. However, the rise was...


Mortgage Approvals on the rise...

  The property market continued to pick up in May, according to figures from the Bank of England. The number of mortgages approved for house buying rose to 43,414, up from the figure of 43,191 the month before. It was the fourth month in a row that approvals have risen...