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The pace of house price falls in England and Wales increased in October- down 3.2% on a year ago according to the Land Registry.The average house price fell £2,020 to £160,000 in the month. The report, which looks at 16 million transactions, said prices fell 0.9% versus a month earlier, faster than the 0.3% rate decline [...] Economic uncertainty makes the future of the UK mortgage market “difficult to call”, a mortgage lenders’ group has said.Paul Smee, director general of the Council of Mortgage Lenders (CML), said the market for home loans was currently stable. The number of mortgages taken out for house purchases was 48,200 in September, down 2% from the month [...] Mortgage lending picked up in June but was still lower than a year ago the Council of Mortgage Lenders (CML) say.Total lending to home owners was £12.9 billion last month, up by 16% from May but 3% down on June last year. For the first six months of the year, total mortgage lending was only slightly [...] The consumer group Which? has accused banks and building societies of raising interest rates on homeowners who have standard variable rate mortgages. More than 40% of mortgage borrowers are now on standard variable rates- which generally start after cheap introductory mortgage deals [...] Mortgage advances to people buying a home jumped by 8% during April but lending levels remained down on a year earlier new figures show. There were 33,900 remortgage loans advanced last month – up 16% compared with the previous month, the Council of Mortgage Lenders (CML) say. The figure is 17% higher than the same month a year ago. Home loans for house [...] UK mortgage lending rose in March when the amount lent in home loans rose by 21% compared with the previous month lenders have said.However the increase came after a dip in lending for home loans at the start of the year the Council of Mortgage Lenders (CML) figures show. There was a 2% drop in gross [...] Mortgage interest rates have been held at a record low for 25 months now- should you fix your rate or stick on a variable rate? Millions of homeowners will be [...] Mortgage lending is still running at very low levels according to the Council of Mortgage Lenders (CML). Recent surveys have shown that house prices have changed very little in [...] UK homeowners paid off more of their mortgage borrowings last year than they had done in any other single year official Bank of England figures show. They returned £7 billion in the final three months of the year, [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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