Interest rate hike more likely as inflation makes surprise rise

By: ameer@trustedteam.com

There is more pressure on the Bank of England to hike interest rates tomorrow after inflation unexpectedly increased in February from 10.1% to 10.4%. ...

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Pepper Money reduces resi range by up to 90bps 

By: ameer@trustedteam.com

Pepper Money has cut rates across its two- and five-year fixed-rate residential range by as much as 90 basis points, as well as launching a 70% loan-to-value tier on Pepper...

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Buckinghamshire Building Society posts 21% lift in mortgage lending  

By: ameer@trustedteam.com

Buckinghamshire Building Society posted full-year pre-tax profit that fell 16.7% to £1.5m, while home loans lending lifted by a fifth, in what was “a challenging year for the UK...

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UK private rents went up 4.7% in February: ONS

By: ameer@trustedteam.com

Private rents in the UK increased by 4.7% in the 12 months to February, the Office for National Statistics (ONS) reveals. The latest figure is a 0.3% rise from January...

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UK house price index: latest figures – and reactions – revealed

By: ameer@trustedteam.com

UK house prices rose 6.3% in January over a 12-month period, according to HM Land Registry’s latest monthly house price index. This continues the picture of slowed growth, following an...

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Cost of a home now at 8.3 times earnings: ONS

By: ameer@trustedteam.com

Full-time employees in England can now expect to spend more than eight times their annual earnings when buying a home, research has revealed. The housing affordability report from ONS looks...

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Property transactions nudge up in February, says HMRC

By: ameer@trustedteam.com

February saw 2% more residential property transactions than occurred in January, says HMRC. ...

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Fixed rates fall as variable rates rise to 15-year high: Moneyfacts

By: ameer@trustedteam.com

The average two-year and five-year fixed-rate mortgages are at their lowest level in six months, according to the latest analysis of mortgage trends by Moneyfacts. ...

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Property transaction numbers rise in Feb: HMRC

By: ameer@trustedteam.com

February saw 2% more residential property transactions than occurred in January, says HMRC. In total, and measured non-seasonally, there were 76,920 property transactions in February. And although this is a...

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Stamp duty revenues lift 6.5% to £18bn: HMRC 

By: ameer@trustedteam.com

Stamp duty receipts lifted 6.5% to £18bn between April and February in England compared to a year ago, HMRC data shows, but property professionals say this figure is already...

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