affordability

Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading

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Average rents down across much of UK month on month in October

Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading

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Home prices increased faster in the US in third quarter of 2016

Persistent supply shortages throughout the United States led to slightly faster home price appreciation during the third quarter of 2016, according to the latest data from estate agents. The quarterly report from the National Association of Realtors also shows that seven of the 10 most expensive housing markets in are in the West, including San […] The post Home prices increased faster in the US in third quarter of 2016 appeared first on PropertyWire . Continue reading

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