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Equity release becoming more mainstream for home owners in UK
A record breaking year for equity release in the UK in 2016 saw lifetime mortgages become the fastest growing product in terms of customer numbers, according to the data. The volume of lifetime mortgage customers grew by 22% in 2016 with a total of 27,534 new plans agreed, the figures from the spring 2017 equity […] The post Equity release becoming more mainstream for home owners in UK appeared first on PropertyWire . Continue reading →
Posted on March 17, 2017 by tsiadmin |
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Home buyers in England and Wales pay 7.6 times earnings for a home
On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading →
Posted on March 17, 2017 by tsiadmin |
Posted in 2017, accommodation, ads, Advertising, advice, afford, affordability, affordable, AGA, age, ales, America, annual, ASA, average, awards, ban, bigger, boroughs, borrowers, bottom, Brexit, Brokers, buy, buyer, Buyers, buying, Canada, Central London, change, changes, Chelsea, choice, Cities, city, commercial, Commercial Property, Company News, construction, data, deal, Deposit, Deposits, develop, Development, earn, earning, earnings, Energy, England, England Wales, estate, Estates, Europe, expensive, family, features, figures, finance, Finance Update, fines, first time buyer, first time buyers, for sale, future, gap, Garden, global, Global News, growth, home, homes, hot, house, house prices, Housing, housing market, Income, increase, Index, insight, interest, interest rate, interest rates, invest, Investment, investments, Isa, Kensington, land, lease, Legal, lender, lenders, limit, Location, London, low, market, median, mortgage, mortgages, move, movers, moving, national, need, new, News, North America, office, older, omes, ONS, overseas, payments, permission, plan, Planning, policy, pressure, price, prices, prime, prime central, prime central London, private, products, propert, properties, Property, property market, property prices, Property Wire, rates, recovery, reduced, release, Remortgage, rent, report, research, Residential, Rics, rise, sales, San Francisco, saving, Scotland, sea, search, shared, shortage, Shows, site, skills, Stamp Duty, standard, start, states, statistics, support, survey, target, tax, Taylor Scott International, Towns, Transactions, TSI, U, Uk, UK home, UK< cities, US, USE, value, wages, Wales, wealth, work
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Property prices growth edged up a beginning of the year in Scotland
Property prices in Scotland edged up 0.1% in January and 1.5% annually with growth driven by first time buyers and higher values homes, the latest index shows. This took the average price of a home to £171,407 and means that in the 12 months to January 2017 prices have risen by £2,600 with the vote […] The post Property prices growth edged up a beginning of the year in Scotland appeared first on PropertyWire . Continue reading →
Posted on March 17, 2017 by tsiadmin |
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