Affordability: the first time buyer
The Council of Mortgage Lender (CML) issued a report on Friday, ‘Affordability and first time buyers’, to look at “the conventional measures of affordability and see what they tell us about the ability...
View ArticleEnd of lifetime council house tenancies
Speaking at his fourth PM direct meeting in the Institute of Engineering and Technology in Birmingham, David Cameron signalled the end to council residents’ right to tenure for life. At present once in...
View ArticleMomentum in the housing market: affordability, indebtedness and risks
In a speech on Thursday, Sir Jon Cunliffe considers recent developments in the UK housing market. Speaking to the Worshipful Company of International Bankers, he notes that UK house prices grew by 10%...
View ArticleTotal amount of equity withdrawn through remortgaging up 9% in August – now...
• Average net equity released is £20,219 per household, up by 10% from August 2013 • Annual remortgage payments as a percentage of income drop to lowest since start of the year as wages improve for...
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