Newly released research from Hamptons has revealed that millennials will be the first generation of homeowners to see mortgage repayments rise in the second half of their loan.

The enhancement will allow up to four people from two different households to borrow from the Society with one or two individuals being named on the property’s title deeds.

Rates have been reduced across the lender's range, including Heavy Refurbishment with Drawdowns, Light Refurbishment and its Buy to Let product, TermTen.

New research has revealed that despite the average UK tenant spending over a third of their take-home salary on rent, it is far higher in some areas.

Sustained high interest rates have seen a growing number of UK mortgage holders struggling to afford their monthly payments.

The society has also taken up to 30bps off 95% residential mortgages

Pete Mugleston, MD at Online Mortgage Advisor explores the pros and cons of having a mortgage over renting and looks at which options might benefit you the most.

The funding agreement marks the second time Octopus Real Estate (part of Octopus Investments) and Wavensmere Homes have teamed up to deliver brownfield regeneration in Derby

The large portfolio comprised 94 units split across 17 limited companies

Despite the market still bearing scars caused by the Mini Budget, plenty of signs of property market positivity have emerged over the last year.