House price affordability improves, but average first-time buyer still paying five times salary
Wages outstripped house price growth last year resulting in a “modest improvement” in affordability for buyers, according to mortgage lender Nationwide.
04th February
In the press
Mortgage affordability improving but borrowers still stretched: Nationwide
There has been a modest improvement in UK housing affordability over the last year, due to earnings growth marginally outpacing house price growth and a slight reduction in average borrowing costs.
28th January
In the press
Consumer confidence falls but analysts say 2025 could be better
Consumer confidence dropped marginally in the last quarter of 2024, according to the Deloitte consumer tracker.
27th January
In the press
Business confidence hits two year low
UK business confidence has reached its lowest point in nearly two years, according to the latest Business Trends Report by BDO. The BDO optimism index fell by 5.81 points to 93.49 in November, marking...
15th January
In the press
Mortgage arrears increases by 18%
Latest mortgage lending data from the Bank of England and FCA shows that the value of outstanding mortgage balances with arrears is 18% higher than a year earlier and has risen to £21.9 billion,...