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International, US Real Estate

First-Time Buyers Account for More than Half of Purchases in Northern Ireland

By Allison Halliday | August 27, 2012
New figures from the Council of Mortgage Lenders show first-time buyers in Northern Ireland accounted for 58% of purchase loans during the second quarter of this year. This is much higher than the UK average, and is up 1% on the first quarter.
International, US Real Estate

UK Real Estate Market Boosted by First-Time Buyer Activity

By Allison Halliday | August 15, 2012
The real estate market in the UK was boosted by first-time buyer activity in June, according to data published by the Council of Mortgage Lenders. Their figures show lending for this month was the highest since July 2010, with the exception being March this year as this month marked the end of the stamp duty concession.
International, Real Estate, US Real Estate

UK Mortgage Lending Falls, and Summer Is Likely to Be Slow

By Allison Halliday | May 22, 2012
In April mortgage lending in the United Kingdom dropped by nearly 20%, according to data recently released by the Council of Mortgage Lenders. Figures for April show mortgage lending was an estimated £10.2 billion, compared to £12.6 billion in March.
International, Real Estate, US Real Estate

North-South Divide Is Alive and Kicking in the UK

By Allison Halliday | April 13, 2012
More homeowners in the north of the UK have loans which are underwater, or in negative equity, than in the South. The percentage of UK mortgage holders with negative equity currently stands at 5.6%, with far more people in the north of England being affected than those living in the South
International, Real Estate, US Real Estate

UK Sees First-Time Buyers Rise by 23% in January

By Allison Halliday | March 14, 2012
The Council of Mortgage Lenders in the UK has just released its data for January 2012 which shows house purchases and remortgaging fell in January compared to December 2011.
International, Real Estate, US Real Estate

UK Housing Minister Announces £20 Million Fund to Help Prevent Repossessions

By Allison Halliday | February 13, 2012
The UK Housing Minister, Grant Shapps, has announced there will be a new £20 million Preventing Repossessions fund to help homeowners in danger of being repossessed, something which will enable local councils to offer interest-free loans to homeowners.
Real Estate, US Real Estate, World Real Estate

UK Plans State Funded Mortgage Scheme

By Allison Halliday | June 21, 2011
The UK government has joined forces with more than 100 home-builders to help first-time buyers get a foot on the housing ladder. The government-backed scheme costing £500 million will help reduce the size of required deposits to 5% of the property's value, with the government and home-builders each providing interest-free loans equivalent to 10% of […]
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