UK Mortgage Lender to Offer First 100% Loans Since 2008 Crisis

a sign displaying the Skipton Building Society branding

Skipton Building Society, a UK mortgage lender, is set to introduce a mortgage product targeting potential first-time buyers who are unable to save for a deposit.  This initiative marks the first 100% loan offering by a mortgage lender since the 2008 financial crisis. In the aftermath of the crisis, mortgages without a deposit requirement became […]

UK House Prices in Surprise Rise in April

UK house prices rose by 0.5% in April after seven consecutive months of falls, according to the Nationwide building society. Economists had been expecting average prices to decrease during the month. Prices had been falling since August last year, after Liz Truss’s mini-budget sparked turmoil on financial markets and drove up borrowing costs. Nationwide is […]

Halifax Reports Unexpected Rebound in UK House Prices for February

According to Halifax, British house prices unexpectedly rose by 1.1% month-on-month in February, which could indicate improvements in consumer confidence and the mortgage market. This contrasts with the recent trend of declining house prices since the onset of the COVID-19 pandemic. However, other housing market indicators have not shown a similar improvement, and another lender, […]