challenge
Home lending industry in UK facing challenges from age and need for innovation
Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading →
Average rents down across much of UK month on month in October
Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading →
Lettings agent warns stability in UK rental market will be hit by landlord tax change
The private rental market in the UK is thriving but could be changed if the Government goes ahead with changes to mortgage tax relief for landlords and fails to help increase supply, it is claimed. According to the latest rental index from Belvoir lettings rents increased slightly in the third quarter of 2016 but did […] The post Lettings agent warns stability in UK rental market will be hit by landlord tax change appeared first on PropertyWire . Continue reading →