UK house prices may fall if the government can stick to its housebuilding target, according to housing minister Matthew Pennycook. If the government can building its promised 1.5 million homes by the end of this parliament then “we will be looking at the levelling out… The post House prices may fall if govt meets housebuilding targets, says housing minister appeared first on Mortgage Strategy.
Despite affordability pressures, regulatory challenges and financial caution, 83% of businesses operating in housebuilding and its supply chains remain confident about their outlook for the year ahead, Barclays reveals. Barclays’ anonymised client data from around 70,000 UK businesses, combined with research from 500 industry leaders… The post Housebuilding sector shows early signs of recovery: Barclays appeared first on Mortgage Strategy.
Almost a third of first-time buyers have a deposit of at least 25%, comparison searches on Moneyfacts suggest. While the majority of first-time buyer searches are for higher loan-to-value (LTV) mortgages, a significant minority of borrowers appear to have a substantial deposit and are looking… The post One in three FTBs have a 25% deposit: Moneyfacts appeared first on Mortgage Strategy.
UK house prices rose slightly in January, according to the latest house price index from Nationwide Building Society. The average cost of a home rose by 30bps on December, with annual property values climbing by 1% to £270,873. Nationwide chief economist Robert Gardner said the… The post House prices rise 1% in January, says Nationwide appeared first on Mortgage Strategy.
