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.
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.
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.
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.
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.