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The composition of the mortgage market has remained remarkably consistent over the last 10 years, according to latest data from the FCA. The one clear change is the rise in the number of first-time buyers, an offset to the fall in buy-to-let mortgages. First-time buyers now account for a higher
The World Cup officially kicks off this week – and this year it’s the biggest tournament in history, with 48 countries heading to the US to take a shot at glory. The last time a home nation lifted the trophy was 30th July 1966, when the average UK house price
The UK economy grew by a stronger-than-expected 0.6% in Q1, helped by a resilient services sector. Timing also played a role: the conflict in Iran, which began in late February, had not yet fed through into the data. This marks a sharp improvement on the three preceding quarters, each of
Mortgage approvals, an indicator of future demand, reached 63,531 in March, up 1.3% from February and the highest total since November 2025. Despite higher mortgage rates driven by global uncertainty, mortgage approvals are just 0.8% below last year, pointing to underlying market resilience. New buyer enquiries are down just 2%
