News
Censeo wins Best Specialist Mortgage Advisor at 2013 What Mortgage Awards
18 August, 2013
Censeo, the London affordable homes mortgage specialist have won Best Specialist Mortgage Advisor at the 2013 What Mortgage Awards. The judges said: “After a 12 week voting campaign, Censeo beat some tough competition to secure enough consumer votes to win the award. “To win a What Mortgage award, particularly as a new business that hasn’t… Read more »
Censeo Confirmed as Headline Sponsor for London’s number one event for low-cost home ownership
16 August, 2013
Censeo Financial, the London affordable homes mortgage specialist have been announced as the headline sponsor and sole mortgage advice provider at the FIRST STEPS Affordable Homes Show 2013 on 28th September. The event is officially endorsed by the Mayor of London and offers an excellent opportunity for first time buyers in London to meet the… Read more »
10,000 reservations for new build homes in the last 4 months
15 August, 2013
As a result of the Government’s new help to Buy scheme, there have been 10,000 reservations for new build homes in the last four months. Since the launch of this equity loan scheme in April, new housing supply is thought to be at its highest level since 2008, with a total of 319,000 additional homes across… Read more »
House prices back on the rise
13 August, 2013
According to the Office for National Statistics, prices in the year to June rose 3.1% while the Royal Institution of Chartered Surveyors (RICS) says the prices are rising at their fastest rate since 2006. In addition there is evidence that there has been an accelerated take-up of the Government’s Help to Buy Scheme, which allows buyers of… Read more »
Large increase in first time buyers
12 August, 2013
According to the Council of Mortgage Lenders, there has been a 30% rise in the amount of first time buyers compared to the same period last year. The CML says that 68,000 first time buyers bought in the second quarter of 2013 compared to the previous year with people buying an average of 81% of… Read more »
New company joins mortgage market
9 August, 2013
According to Financial Reporter, a new lender has joined the mortgage market. Called Magellan Homeloans, this new company will be targeting those who have poor credit ratings as the result of a one-off event. Magellan is offering a total of five products. Click here to find out more about the company.
Repossessions at lowest level since 2007
8 August, 2013
According to the Council of Mortgage Lenders (CML), repossessions are at their lowest level since 2007. In the six months to 30th June, the number of repossessions totalled 15,700, compared to 13,100 in the second half of 2007. Repossessions declined 4 per cent in the second quarter of 2013, from 8,000 in Q1 to 7,700 in… Read more »
Industry leaders call on the Government to improve supply of homes in the UK
7 August, 2013
A new report has called upon the Government to significantly improve the supply of new homes in the UK. Titled Homing in on the Issues, this paper states that more affordable homes need to be built for everyone at a faster pace. A range of industry leaders including David Orr, chief executive of the National Housing Federation, Stewart… Read more »
20% rise in first time buyers
29 July, 2013
According to the Halifax, there has been a 20% year-on-year rise in first time buyers thanks to reduced mortgage rates. The lender found that it is become progressively easier to 20 and 30-somethings to get onto the property ladder. Click here to read the full story.
First time buyers increasingly borrowing from parents to get on the property ladder
26 July, 2013
According to a new report by the homeless charity Shelter, first time buyers are increasingly having to borrow large sums of money off their parents in order to get onto the property ladder. Researchers for the organisation say that prospective home owners are borrowing a staggering average of £17,000 in order to secure the correct… Read more »