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UK property lending market sees rise in buyers with smaller deposits
Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading →
Posted on March 30, 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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Official data shows where homes in England and Wales are least affordable
A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading →
Posted on March 1, 2017 by tsiadmin |
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