Halifax said UK house price in 2020 ended on average 6% higher than in 2019. The pent-up demand after the first national lockdown and the government’s stamp duty holiday triggered a homebuying boom. The average price of a house in the UK reached a record high of £253,374 in December. December figure is little changed…
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The intermediary Mortgage Lender of The Co-operative Bank, Platform, has launched a new £1,000 cashback deal on selected mortgage deals. The introduction of the new deal comes as part of a product revamp, which has seen the bank re-introduce mortgage deals at 80 and 90% LTV in recent weeks. These higher loan-to-value mortgages will qualify…
The Bank of England has published its monthly Money and Credit report mortgage application approvals. The number of mortgage application approvals rose again in September to its highest figure since September 2007, according to the report. The previous month’s report already revealed a similar record, with 85,500 approvals in August. The number again rose to…
Halifax has recently revealed the latest data about the growth in UK house prices. The data shows that UK house prices increased at the fastest pace since June 2016. During October, average house prices across the UK exceeded £250k for the first time in history. The lender exposed that house prices in October were 0.3%…