affordability
UK mortgage industry not keen on seven day switching, survey shows
Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading →
UK property growth was flat in October, latest index data shows
The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading →
New homes sales up for second month in a row in Australia
New home sales in Australia increased in September 2016 for a consecutive month, up 3.8%, a further increase on the 2.9% recorded the previous month, the latest data shows. The month on month growth was driven by detached house sales which increased by 3.8% while apartment sales were down by 0.8%, according to the survey […] The post New homes sales up for second month in a row in Australia appeared first on PropertyWire . Continue reading →