Property Investment News and Analysis from Dominic Farrell.
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View Article  CML reports mortgage interest payments at 15 year high

Interest rate rises have pushed up mortgage interest payments for first-time buyers to their highest levels for 15 years. Data from the CML's regulated mortgage survey showed that first-time buyers in April were paying 18.7% of their income on mortgage interest - the highest level since 1992 and up from ...   more »

View Article  UK sees unemployment total fall

The number of unemployed people in the UK fell in the three months to April, according to official figures, dropping by 15,000 to 1.68 million.

The figures also showed that the number claiming jobseeker's allowance was down by 9,300 to 880,400 in May.

Average earnings rose by 4% on an ...   more »