business
Remortgages increased share of home lending market in UK last year
There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading →
Promising outlook for sales and lettings in prime central London market
The outlook is more promising for sales and lettings in the prime central London property markets with stamp duty impact now largely absorbed, according to the latest analysis. Both markets saw declines in 2016 but with price adjustments from stamp duty changes now largely taken up, prices are expected to remain steady while activity increases […] The post Promising outlook for sales and lettings in prime central London market appeared first on PropertyWire . Continue reading →
Mayor of London urges short term letting agents to enforce 90 day limit
Short term letting agents in London are being urged by the city’s Mayor to follow Airbnb’s lead by blocking hosts from renting out homes in the capital for more than 90 days. Airbnb, which has about 50,000 listings in London, announced in December last year that it would place a block on its website so […] The post Mayor of London urges short term letting agents to enforce 90 day limit appeared first on PropertyWire . Continue reading →