News
July sees increase in gross mortgage lending
New figures out today show that gross mortgage lending increased by 7.6% in July 2018 to £24.6bn, ahead of August’s base rate rise. Read more »
Housing Associations asked for 25% increase in building in return for strategic partnerships
Homes England and the National Housing Federation have signed a joint letter asking housing associations to increase building of affordable homes by at least 25% if they are to sign partnership deals. Read more »
FTBs could be underestimating upfront cost of buying first home
A new study out this week shows that many first time buyers are underestimating how much money they need to save in order to get onto the housing ladder. Read more »
House prices hit new record of £230,280 – Halifax
According to the Halifax, house prices across the UK rose by 1.4% in July and over the second quarter of 2018, they rose by 3.3% to a new record of £230,280. Read more »
Bank of England raises interest rates to 0.75%
After weeks of speculation, the Bank of England raised interest rates for only the second time since the Financial Crash, from 0.5% to 0.75%. Read more »
London’s boroughs are starting to build again, and the time is ripe for councils to build more
A new report out this month examines council-led housebuilding in London, assessing the potential for scaling up and the challenges preventing councils from increasing their housing delivery to its full potential. Read more »
Censeo shortlisted for National Housing Award
We are absolutely thrilled to have been shortlisted for a 2018 National Housing Award in the Best Financial Partner Category. Read more »
New study finds that borrowers could save thousands remortgaging
A report just out shows that borrowers who are currently on a standard variable rate mortgage could save up to £6,530 if they were to remortgage. Read more »
Bank of Mum and Dad starts lending to ‘second steppers’
For some time now, we’ve noticed that the so-called ‘Bank of Mum and Dad’ has had a significant role to play in getting thousands of first time buyers onto the housing ladder. Read more »
Mortgage applications rise by 3% in year to May 2018
New data out this week shows that the number of applications approved by high street banks rose by 3%. Much of this was driven by remortgages which rose by 18%. Read more »