UK set to become a nation of renters in next 20 years

If people renting a home continue to do so and not move onto the housing ladder at present rates then the UK will see more renting than owning a home by 2039, according to new research. Currently home owners account for 65% of the housing market, a fall of 5% since...

Lending to first time buyers up in first quarter of 2019

There was an increases in new buyer home lending in regional parts of the UK in the first quarter of 2019, the latest mortgage industry figures show, with Scotland stronger than Wales. In Scotland there were 6,760 new first time buyer mortgages completed in Scotland,...

UK house prices likely to keep falling for another six months

House prices are likely to continue falling for another six months in the UK and for the whole of 2019 in London and the south-east, according to an industry survey. Separate official data shows that rents are also falling, with tenants typically paying £757 a month,...