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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

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RICS reveals current construction skills shortage could be made worse by Brexit

The UK construction industry could lose almost 200,000 workers from the European Union If the Brexit negotiations mean that the country loses access to the single market, it is suggested. It would put some of the country’s biggest infrastructure and construction projects under threat, according to new research from the Royal Institution of Chartered Surveyors […] The post RICS reveals current construction skills shortage could be made worse by Brexit appeared first on PropertyWire . Continue reading

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Signs of recovery in prime central London property market

There are signs of renewed activity in the prime central London residential property market, particularly at the upper end of the price scale, it is suggested. So far in the first quarter of 2017 pent-up demand, the effects of sterling’s fall and more realistic asking prices have combined to trigger a rise in sales, according […] The post Signs of recovery in prime central London property market appeared first on PropertyWire . Continue reading

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