Category: Property Law

First-time buyers take a greater share of the mortgage market, study suggests

First-time buyers and other small deposit borrowers accounted for almost a quarter (22.4 per cent) of the UK’s total mortgage lending in May 2018, up from 20.2 per cent the previous month, a new report reveals.

Mortgage approvals “remain steady”

The latest official data from the Bank of England (BoE) reveals that mortgage approvals held steady in April, as homebuyers rushed to secure attractive deals ahead of an anticipated interest rate increase.

Property Ombudsman’s report highlights increase in complaints

Complaints to The Property Ombudsman (TPO) increased by 3 per cent in 2017. That is according to the findings of its annual report.

Homebuyers opting for longer fixed-term mortgage deals

A new analysis of mortgage approvals suggests that British homeowners are increasingly opting for longer fixed-term deals.

Significant boost for UK commercial property lending

A new report has revealed that UK commercial property lending rose significantly in the second half (H2) of 2017.

Portfolio landlords eyeing-up commercial property

New research carried out by OneSavingsBank suggests that an increasing number of British buy-to-let investors are turning towards commercial property in a bid to diversify their portfolios.