Mortgage approvals fell harder than expected for the second consecutive month in March suggesting the introduction of stricter lending rules could be hampering the market. Data from the Bank of England shows mortgage approvals for house purchases numbered 67,135 last month, the lowest since September 2013 and down from 69,592 in February. Mortgage approvals hit [...]
The Police star recently sold a house in Green Park for £7.5 million, and now he has put his nine-bedroom mansion over looking St James's Park on the market for more than £20 million, according to The Sun newspaper. The publication reports Sting and his wife Trudie Styler bought the expansive property for around £5.7 [...]
Gross lending in Northern Ireland for house purchases increased by 41% to £240m in quarter one year-on-year, statistics from the Council of Mortgage Lenders has shown. Growth in England was slightly behind with a 38% uplift in the value of lending for house purchases worth £21.35bn in quarter one, with lending in Greater London accounting [...]
UK mortgage approvals declined for the third straight month in April to an eight-month low, as lending for property purchases moderated, data from the British Bankers Association showed Tuesday. Mortgage approvals for house purchases fell to 42,173 in April from 45,045 in March. Approvals were below the expected level of 45,100. The latest figure was [...]
Official statistics have shown there were almost 5,000 residential property sales in the last three months of last year. Prices rose by an average of 4% in 2013, but growth slowed towards the end of the year, according to the latest Northern Ireland Housing Bulletin. The Department of Social Development, which produces the quarterly bulletin, [...]
Buying a home in the UK will set you back £235,000 on average, according to the latest figures published this morning by the Office for National Statistics (ONS). “But hold on a minute,” I hear the news-hounds among you say. “Yesterday I read that it was much higher than that.” And indeed you may have. [...]
SEVEN years ago, Rob Taylor's three-bedroom West Bridgford home was worth £170,000. Following a large kitchen extension, its value shot up to between £210,000 and £220,000. And now that the property's valuation has climbed even higher, much to the surprise of Rob and his wife Sarah. He said: "We are looking to move to somewhere [...]
The number of buyers chasing each property in England hits highest level since 2008 in the first quarter of 2014, research shows. Some 12 buyers are chasing each new property coming on the market, an increase of over 20% compared to the 9.7 buyers in the first three months in 2013, according to the latest [...]
A filthy Birmingham property has been sold for its asking price – despite shocking sales pictures of wall-to-wall squalor. Advertising shots of the property in Short Heath Road, Erdington showed unmade beds, washing up left in the sink, filth on kitchen worktops and a rubbish-strewn living room. The property has been snapped up for almost [...]
House purchases continue to account for vast majority of new mortgage approvals The latest figures from the IBF Mortgage Approvals Report, published by the Irish Banking Federation (IBF), show that 1,494 mortgages to the value of €252 million were approved in the three months ending February 2014.* The following are the key elements: A total [...]