Ed Miliband has come under attack for his party’s proposals for a Mansion Tax from an unexpected quarter.
Those living in their first home are increasingly looking to reduce the steps to their long-term family home and are targeting detached properties as their second home, according to Lloyds Bank.
House prices across the UK rose by an average of 9.9% in the year to April, figures from the Office for National Statistics (ONS) have shown.
London property price inflation is losing momentum, with some analysts suggesting that values in prime areas could plateau in 2015.
Business secretary Vince Cable has said he is 'appalled' lenders continue to offer loans five times a mortgage applicant's income.
House prices across the UK have risen by 3.9 per cent in a single month, figures from Halifax have shown.
Mortgage approvals for house purchases fell for the third consecutive month in April to the their lowest level since July last year, Bank of England lending figures have revealed.
House prices continued to march upwards in most regions of England and Wales during April, the latest figures from the Land Registry have shown.
Total mortgage lending by high street banks was 52 per cent higher in April than 12 months ago, figures from the British Bankers' Association (BBA) have shown.
A third of homeowners fear they will be forced into financial difficulties when interest rates begin to rise, a survey has found.
Lloyds says its new mortgage lending limits will counteract rising house prices in the capital. Mortgage adviser Andrew Montlake disagrees...
Lloyds Banking Group is to limit lending to four times income for mortgages over £500,000 in a bid to combat the capital's swiftly rising property price inflation.
House prices rose 8 per cent in the year to March with first-time buyer properties rising 10 per cent, figures from the Office for National Statistics (ONS) have shown.
Remortgage applications suffered most in the month leading up to tighter affordability rules, figures from the Mortgage Advice Bureau have shown.
Almost 20,000 properties have been purchased using a Help to Buy equity loan in the year since the scheme’s launch, government figures have shown.
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