affordability

Mortgage borrowing fell in UK in October with buy to let sector still weak

Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading

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High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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Rents in UK set to rise by 15% over next three years, agents suggest

Rents in England are set to rise by 15% over the next three years but the amounts will vary from region to region, according to a new forecast. Agents are predicting that rents are likely to rise faster than house prices as landlords find ways of coping with extra costs due to ta changes, tougher […] The post Rents in UK set to rise by 15% over next three years, agents suggest appeared first on PropertyWire . Continue reading

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