House prices continue to stabilise with twelve-month projections signalling a return to growth.

The lender raised the limit to 75 only last summer.

The value of new mortgage commitments fell to its lowest level since 2013, excluding the pandemic.

Average mortgage rates on two and five-year fixed rate deals rose last month, breaking six months of consecutive cuts.

The average house price is now only around £1,800 below the peak seen in June 2022.

The government was expected to introduce the scheme in next week's Budget.

The annual rate of change returned to positive territory for first time since January 2023.

Simon Jackson, managing director of SDL Surveying, explores the potential introduction of 99% LTV mortgages in next week's Spring Budget and why, despite a negative reception from...

Despite the uptick in approvals, the annual growth rate for net mortgage lending was negative for the first time.

The number of homes for sale are a fifth (21%) higher than a year ago, with buyer demand up 11% and sales agreed 15% higher.