Homebuyers were dealt a fresh blow when two more leading mortgage lenders raised the cost of their most popular fixed-rate home loan deals. They were the latest in a string of increases over the past few days, and tonight there were predictions of more to come. Nationwide said itRead More →

Homeowners paid a record amount off their mortgages in the first three months of 2016 according to statistics from the Bank of England. An estimated £8.1 billion was repaid – the highest sum repaid since records began in 1970 – taking the total for the year to the endRead More →

Plans to build a 40-foot tower for animals above a Leeds canal have been unveiled. The ‘man-made tree’ will provide a habitat for bats, birds, butterflies, insects and foxes. The design was chosen in a competition held because, the organisers said: ‘birdsong had all but vanished’ from the area.Read More →

House prices dropped during November according to Land Registry figures, with the average value of a home in England and Wales down by 1.9 per cent, or £3,135, to £161,883. It was the fifteenth consecutive monthly decrease. Prices are now 12.2 per cent down in year on year figuresRead More →

The average council home in England is more than a half a century old, junior housing minister Iain Wright has revealed. He was responding to a parliamentary question from the Conservative housing minister, and said the typical council house is 53 years old, almost a decade older that itsRead More →

The Tenants Services Authority should not over regulate housing associations, chief executive of the National Housing Federation David Orr has warned. Mr Orr said he welcomed the creation of the TSA, but said it must be clear about the purpose and limitations of regulation. He said the TSA shouldRead More →