affordability

New mortgages in UK increased month on month but still below a year ago

The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading

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More US home owners putting property on market as is due to rise in demand

Rising home prices and lack of supply mean that people selling their home in the United States are less likely to do it up first, putting it on the market as it is rather than taking the trouble to make it more presentable, new research suggests. As a result there are 12% more fixer upper […] The post More US home owners putting property on market as is due to rise in demand appeared first on PropertyWire . Continue reading

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Home owners are more happy than those who rent, research suggests

People who own their own home are generally happier than those who rent but in the UK the divide is the more marked compared to the rest of Europe, new research has found. Fewer than half UK renters are happy with their situation compared with 80% of home owner while in the rest of Europe […] The post Home owners are more happy than those who rent, research suggests appeared first on PropertyWire . Continue reading

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