Housing market

        Bean: Interest rates may be 'only game in town' to dampen housing market

        Professional Adviser | 21 May 2014 | 10:53

        The Bank of England may find monetary policy such as raising interest rates “the only game in town” to combat financial stability risks such as the housing market, the deputy governor has warned.

        Bank of England
        Lloyds Banking Group logo

        Lloyds caps affordability to 4x income to rein in raging market risk

        Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.

        Professional Adviser | 21 May 2014 | 10:45
        George Osborne delivers budget in 2014

        Economists heap pressure on Osborne over Help to Buy

        Prominent economists have added to calls for the government to pull back from the mortgage guarantee element of its Help to Buy initiative, arguing it is no longer needed.

        Professional Adviser | 12 May 2014 | 07:44

    Other Housing market articles

      housewithscales

      UK house prices up by 0.6% in February - Nationwide

      UK house prices rose by 0.6% in February, a 9.4% increase on the same month in 2013, according to Nationwide Building Society.

      IFAonline | 28 Feb 2014 | 12:03
      david-miles

      Investors wise to prepare for rate hike, says MPC's Miles

      It is "not unreasonable" for investors to anticipate a 2% base rate as early as 2016, but increasing rates is still considered a last resort to tame the housing market, according to Bank of England policymaker David Miles.

      IFAonline | 18 Feb 2014 | 07:24
      prestage-rebecca-tcc

      Are you ready? Evaluating the Mortgage Market Review

      As the April deadline for implementation of the Mortgage Market Review (MMR) looms large, Rebecca Prestage, head of policy at The Consulting Consortium, takes a look at some last minute assessments to consider

      IFAonline | 06 Feb 2014 | 12:03
      Take our quiz

      Quick Quiz of the week's news

      How much do you remember from the last seven days in financial services?

      IFAonline | 03 Jan 2014 | 16:22
      house price

      Mutuals mortgage lending doubles in 2013 while arrears fall

      Mutuals and building societies have doubled their net mortgage lending over the last year, figures from the Building Societies Association (BSA) show.

      IFAonline | 03 Jan 2014 | 11:43
      propertymarket

      Housing bubble: Economist warns 77% chance UK houses are over-valued

      There is a 77% chance UK houses are over-valued, an economist has warned, as the threat of a bubble looms.

      IFAonline | 12 Dec 2013 | 07:58
      propertymarket

      CML: No evidence of housing boom

      The mortgage market is experiencing "strong upwards momentum" and gross lending may top £200bn for the first time in seven years in 2015, but there is little evidence of a housing boom developing, according to the Council of Mortgage Lenders (CML).

      IFAonline | 10 Dec 2013 | 07:20
      The Bank of England

      BoE to turn off Funding for Lending tap for mortgages

      The mortgage aspect of the Funding for Lending Scheme (FLS) is to be discontinued in light of improved market conditions.

      IFAonline | 28 Nov 2013 | 13:50
      Welsh flag set against blue skies

      Welsh Help to Buy scheme set for January launch

      The Welsh government has announced it will launch its £170m Help to Buy equity loan scheme in January.

      IFAonline | 25 Nov 2013 | 14:24
      spencer-dale-high

      BoE's Dale: Recovery has 'number of years to go'

      The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.

      IFAonline | 22 Nov 2013 | 07:44
      house

      Stamp duty threatens to pervert Help to Buy effect - CML

      The government is undermining its own Help to Buy scheme by imposing a large tax burden on first-time buyers, the Council of Mortgage Lenders (CML) has argued.

      IFAonline | 06 Nov 2013 | 10:34
      house price

      UK house prices 5.8% higher than a year ago - Nationwide

      UK house prices are now 5.8% higher than this time a year ago, according to Nationwide, but are still 7% off their 2007 peak.

      IFAonline | 31 Oct 2013 | 07:42
      The Bank of England

      BoE has 'room to raise interest rates' without hitting borrowers

      The Bank of England (BoE) could increase interest rates a "fair amount" without hurting homeowners taking advantage of the government's Help to Buy scheme, according to one of its policymakers.

      IFAonline | 21 Oct 2013 | 07:28
      royal-mail

      Five things clients will call you about this week

      It's our weekly heads-up on the articles your clients may have read in the national newspapers over the weekend...

      IFAonline | 14 Oct 2013 | 10:16
      propertymarket

      Fears of house price bubble are just 'hysteria' say economic forecasters

      Britain's economic recovery is now firmly entrenched thanks to a spending spree by consumers - and fears of a housing bubble are just ‘hysteria', say leading economic forecasters.

      IFAonline | 14 Oct 2013 | 07:32
      up-arrows-green

      Quarter of brokers report surge in Help to Buy enquiries

      Mortgage advisers are reporting a rise in Help to Buy enquiries, despite the fact they are unable to places cases yet.

      IFAonline | 10 Oct 2013 | 14:20
      woodall-linda-cut

      FCA to consult on mortgage terms after tracker hikes

      The Financial Conduct Authority (FCA) is to consult the industry on the significance of small print in mortgage contracts in the wake of decisions by banks to increase their tracker rates.

      IFAonline | 01 Oct 2013 | 17:30

Markets

Poll

    Are you concerned about the role of MAS in designing and implementing the guidance guarantee?