Help To Buy
6,000 new homeowners through Help to BuyThe government claims 6,000 households have purchased new homes through the Help to Buy scheme in the first three months of its existence. |
House prices to rise by 8% in 2014, says RICSRICS predicts house prices will go up by 8% in 2014 as supply fails to match the demand caused by government schemes to boost the property market. |
House prices to surge as demand outstrips supply, says RICSThe Royal Institute of Chartered Surveyors predicts that house pricesd are more likely to go up in the next three months than at any time in the last 14 years. |
Bank of England moves to stop house price bubbleThe Bank of England has announced that it is to stop the residential mortgage lending element of the Funding for Lending Scheme to focus on business lending. |
CML: Housing market recovery "key part of mix" in recoveryThe Council of Mortgage Lenders reports that in October mortgage lending reached the highest level since October 2008 with £17.6 billion lent to borrowers. |
Yorkshire BS launches 36 FTB mortgages outside Help to BuyThe Yorkshire Building Society has unveiled a range of new mortgages for borrowers with a low deposit that competet with other deals available under the Help to Buy scheme. |
Nationwide gains 214,000 new current account customersNationwide has announced a tripling of underlying profits as it increases its market share in mortgage lending and new current account customers. |
House prices rise at fastest pace for 11 years, says RicsThe Royal Institute of Chartered Surveyors warns that the lack of supply of new homes to cater for increased demand for property is "problematic". |
Cameron hails Help to Buy a success as 2,000 sign upThe Prime Minster, David Cameron has said the Help to Buy scheme is being accessed by the "hardworking people" it is aimed at but critics warn a lack of supply may push up prices. |
MPs ask for clarity on Bank's role in policing Help to BuyMPs on the Treasury Select Committee have asked for clarification on the role the Bank of England's Financial Policy Committee has in policing the Help to Buy scheme. |
Persimmon warns Help to Buy impact hit by high interest ratesOne of the UK's biggest housebuilders, Persimmon says the benefits of the second part of the Help to Buy scheme are limited because of the high interest rates being charged. |
Bank of England policymaker says no to house price capA member of the Bank of England's external body, the Financial Policy Committee, Martin Taylor said he was "astonished" to hear calls that the FPC should cap house price inflation at 5%. |
Mortgage lending hits five-year high, says CMLThe Council of Mortgage Lenders reports that gross mortgage lending was up 32 per cent on the same quarter in 2012 to achieve the highest total for five years. |
London helps UK house prices reach new record high of £247,000Official figures from the Office for National Statistics shows the value of the average UK property has now surpassed the previous peak in January 2008. |
Item Club says Help to Buy won't lead to house price bubbleErnst & Young's Item Club says consumers are driving the recovery and that the chances of the Help to Buy scheme causing a house price bubble are "extremely slim". |
Do we need Help to Buy 2?The second stage of the Help to Buy scheme has been launched but initial rates from NatWest and Halifax are similar to the best available on the open market. |
House prices set to rise by 4.5% a year for next five yearsThe latest survey of chartered surveyors puts expectations of house price rises at an 11-year high. |
Demand for Help to Buy 2 could be hit by strict lending rulesCritics argue that unless there is an increase in the supply of new homes the Help to Buy scheme will not help the people it is intended to help. |
New house building grows at fastest pace for 10 yearsThe latest PMI from Markit shows the construction sector is growing at its fastest pace for 10 years. |
Banks lukewarm over Help to Buy 2The only two banks to commit to Help to Buy 2 so far are both part owned by us the taxpayer. Critics are asking if the FLS and Help to Buy part 1 have already done the job of boosting the property market. |
Highest number of new mortgages approved since Feb 2008The Bank of England reports that UK mortgage approvals reached 62,226, the highest number since February 2008 adding to evidence that the property market is growing. |
Tories bring forward Help to Buy 2 despite bubble concernsThe Prime Minister, David Cameron, has announced that the second part of the Help to Buy Scheme will start 3 months earlier than planned, in October rather then January. |
Bank of England to provide annual review of Help to BuyGeorge Osborne has asked the Bank of England's Financial Policy Committee to review the Help to Buy scheme every year to ensure it does not cause a house price bubble. |
CML plays down talk of house price boomThe Council of Mortgage Lenders says that gross mortgage lending reached £16.6 billion in August, almost exactly the same as July's figure which was the highest since October 2008. |
Osborne "alert to the risks" of Help to BuyThe Chancellor, George Osborne, has told the Institute of Directors that he is "alert to the risks" of a potential house price bubble but "lets not pretend their is a housing boom". |
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