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Homes are being built faster than population growth, but there's still a need for more

Homes are being built faster than population growth, but there’s still a need for more

Homes in England have increased by 2.1 million over the ten years, reaching 25.4 million in 2023, up 9%, which is marginally ahead of the 7% growth in population during the same period. Owner-occupied homes continue to make up the majority, accounting for 16.3 million properties, or 64% of the total, according to data by […]

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Insights Show A Significant Decline In Interest Only Mortgages

Insights Show A Significant Decline In Interest Only Mortgages

UK Finance has released its interest-only mortgages data for 2024 revealing a significant drop in in interest-only mortgage stock of 17% over the year. This analysis covers pure and partial interest-only homeowner mortgages as well as maturity and loan-to-value (LTV) profiles. The same review criteria also revealed a reduction by 78% in number and 61%

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