I was pleased to read that there has been a continued drop in mortgage arrears and repossessions by lenders.

UK Finance has released data for the second quarter of the year and it showed 76,740 homeowner mortgages in arrears of 2.5% of the outstanding balance. This represents an 8% drop on the figures for the same period last year.

Out of that total, 23,190 homeowner mortgages were in arrears of 10% of the total outstanding which is an annual decrease of 4%.

A total of 1,060 homeowner mortgaged  properties were repossessed in the quarter which represents a 5% drop.


The latest report from TwentyCi, the data and customer engagement specialists, is now available. Property & Home Mover Report Q2 2018 is the fifth edition of their quarterly reports of analysis and data from across the UK housing market.

The good news is it isn’t all doom and gloom!

Here are the report highlights:

• Market confidence is still building. New instructions are up nearly 7% on last year while house prices remain stable.


Well nearly anyway.  Sarah tells me she has made an excellent start with her collection of Munros.

For those of us not in the know, a Munro is a mountain in Scotland over the height of over 3,000 feet (914m).  The original list was compiled by Sir Hugo Munro who produced his Munro’s Tables in 1891.  The Scottish Mountaineering Club have identified 282 Munros and an additional 227 subsidiary tops.


I realise that most home owners are interested in knowing what their property is worth, whether they are intending selling or not. In the past the answer would be to ask your local estate agency to pop round and provide a valuation. There is a new trend, however, when it comes to valuing property.

The rise of the online valuation has been relentless. There are now numerous websites that promise to provide you tools to give an accurate valuation of your home. But how accurate are they?

Typically these sites all use data from the Land Registry although many also incorporate information from estate agent’s own databases. Needless to say there are plenty of bells and whistles in evidence.


I wrote last month about the encouraging increase in first time buyers in the UK housing market. There was more heartening news recently when research from a report in February by the Bank of Scotland revealed that in terms of monthly costs it is cheaper to buy than rent.

The report goes on to say that first time buyers save an average of between £590 and £2,190 a year compared to renters, depending on the area they live in.

The big question remains; how to become a first time buyer and get to that vital first rung of the ladder?