Halifax
The only way is up Yazz said in 1988 and the UK has certainly taken that message to heart for housing in the last 15 years or so, with every double digit annual house price increase trumpeted as a Good Thing.
The average detached family home has increased in value by £91 a day over the past year, more than any other type of property, according to Halifax.
The major high street banks are continuing to fail to meet the expectations of their customers, according to a new survey.
Other Halifax articles
After the havoc caused by the Irish property crash, Lloyds Banking Group is set to pull Bank of Scotland Ireland (BoSI)out of the country and cease all lending by the end of the year.
Monthly mortgage payments as a proportion of income are now nearly half of 2007 levels, yet affordability is still cited by over 50% of first-time buyers as the main barrier to entry.
Northern coastal towns have come out top for having the best quality of life and most affordable housing in Britain, according to Halifax.
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The total value of privately owned homes in the UK has more than doubled in the last ten years to £3.755trn, as the north-south gap narrows, according to Halifax.
The strong growth in the £500,000 mortgage market is slowing, according to consultancy Knight Frank Finance.
Lloyds Banking Group is set to review the criteria for membership of its conveyancing panels and cut the number of firms it instructs.
Halifax Intermediaries has launched its new online system for brokers, aiming to deliver a faster end-to-end process that gives brokers greater control and improved communication with the lender.
In a reversal of the drop in May, the number of UK property completions rose 20% last month.
The Acadametrics house price index is set to be rebranded LSL Property Services/Acadametrics House Price Index from 9th July.
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