National Mortgage Index November 2019
This month's NMI shows how the current political climate hasn't put off buyers.
Call us on: 0800 085 0118
Open 6 days a week - until 7pm on weeknights
With over 1,400 advisers across the UK, Mortgage Advice Bureau offers an unrivalled choice of products from over 90 different lenders, all backed up by impartial, personal and professional advice.
This month's NMI shows how the current political climate hasn't put off buyers.
This month's report shows a buoyant market with buyer confidence levels remaining high.
This morning's data shows that moving house is likely to be needs-driven at the moment, rather than a discretionary purchase.
With Christmas fast approaching, it looks like the housing market will be leaving 2019 behind with a strong set of fundamentals.
The ongoing political uncertainty might be causing sellers to be more pragmatic about their sale price if they want to sell during this period.
Prices have slipped slightly between August and September, however, there are signs of ongoing resilience.
This morning’s report from Halifax suggests that average values remained broadly stable in August in a modest year on year increase.
This morning's report shows a 'no news is good news' mantra.
September's NMI data reveals that despite what would usually be a quiet time, considering the recent economic changes, certain regions have actually performed well.
We can see from today's data that we may see a pause in the market due to the possibility of stamp duty reform in the Autumn budget.
This morning's report shows that there certainly are homemovers out there who are carrying on regardless and transacting based on what’s best for their individual circumstances, rather than being spooked by news headlines.
Many lenders reviewed their rates and repriced downwards, providing those who were moving or remortgaging with access to some of the lowest rates seen for some time.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.