Average house prices in England came in at £290,000 last year, easing to 8.3 times average annual earnings from 8.5 times from the previous 12 months, according to the Office for National Statistics. “These ratios are similar to 2022, and represent a return to the pre-pandemic trend after a large increase between
FCA data shows mortgage market not fit for purpose: Perenna – Mortgage Strategy
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Two-fifths of potential homeowners put off by mortgage process – Perenna
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Jeremy Hunt to unveil 99% Help to Buy-style scheme
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The latest data on later life mortgage lending from UK Finance reveals there were 29,060 new loans advanced to older borrowers in Q4, down 37.1% year on year. The value of this lending was £4.1bn, which was down 42.4% compared with the same quarter a year previously. There were 6,710 new lifetime mortgages advanced