Brexit uncertainty putting off first-time buyers

Brexit uncertainty putting off first-time buyers

Uncertainty about the effect of Brexit on the housing market is putting off first-time buyers claims a new report. Financial services provider One Family says would-be home owners are postponing their purchase in the belief that house prices will drop following the UK’s departure from the European Union at the end of March. Price growth …

Mortgages most affordable in a decade

Mortgages most affordable in a decade

Mortgages are now at their most affordable in a decade according to the Halifax House Price Index, but it’s not all good news Typical mortgage payments now account for just 29% of homeowners’ disposable income compared to 48% in 2007. Annual house price growth is at 2.7% with a 1.5% increase in March.