Mortgage approvals for house purchase fell to 56,200 in March, says Bank of England. It is the lowest level since March 2013, according to the latest Money and Credit statistics from BoE. The analysis found that the rate on new variable-rate mortgage borrowing fell by 17 basis points in March. However, the cost of fixed-rate…
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The number of UK property market has fallen by 70% since the start of the coronavirus restrictions, according to homes listing site Zoopla. People were still selling and buying the properties until the start of the restrictions on 23 March, when the government advised people not to move house. However, sales have continued since then,…
Using the services of letting agents to find your next home is always useful. Renting through letting agents offers you two important things: an increased choice of potential flats and houses to rent the reassurance of knowing you’re dealing with professionals When you’ve worked out what you can…
Prices grew at an annual pace of 2.3% in February, up from 1.9% in January. According to the latest survey from the Nationwide Building Society UK annual house prices are growing at their fastest pace for 18 months. Prices grew at an annual pace of 2.3% in February, up from 1.9% in January. The latest…