The housing market continues to show signs of recovery as house price growth remains relatively stable*. In February, the average UK house price rose by 0.4% – the sixth consecutive monthly increase. Meanwhile, annual growth was at 3.9% – only marginally...
The UK mortgage market bounced back strongly at the end of 2024, driven by first-time buyers and home movers, according to UK Finance. First-time buyer mortgages rose 16.4% to 334,000 last year, while home movers increased by 14.7% to 288,000. Total home purchases...
Are you considering making mortgage overpayments? Here’s what to consider. If you can afford it, there are many advantages to overpaying your mortgage, such as: – Becoming a step closer to being mortgage-free – Reducing the amount of interest you owe...
House prices returned to growth in 2024, as half of the UK’s housing stock increased in value by an average of £7,600*. Last year, 15 million homes in the UK rose in price by at least 1%, with 6.9 million increasing by £10,000 or more. Nearly six million homes stayed...
From 1 April, fewer than 1 in 10 homes will be Stamp Duty free for buyers*. Stamp Duty thresholds are reverting to previous levels in April, so buyers will soon pay more tax on their house purchases. First-time buyers (FTBs) currently do not pay Stamp Duty on homes up...
