Mortgage lenders are insistent that the housing market recovery is under way.

The Council of Mortgage Lenders says it “may be easy to overlook the recovery that has already quietly been under way”, with consumer seing not yet caught up.

The CML gives ten reasons for its positive outlook, starting with a claim that last year there was the highest number of property transactions since the onset of the credit crunch.

Although the Land Registry data on transactions for 2012 will not be available...

The latest research from Halifax has shown that there were approximately 12% more first time buyers in 2012, an increase of 193,000 since 2011. This is the largest annual total since 2007.

Halifax’s research further detailed that the average price paid by the typical first time buyer in November 2012 was affordable based on the average UK wage.

The typical property price paid by a first time buyer last year was £139,921 showing a 3% increase on 2011. The Telegraph recently reported that appr...