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Rate of residential rental growth halves in Great Britain in 2016

Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading

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Equity release in UK reached new records in 2016

Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading

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Research suggest people looking to remortgage underestimate savings potential

A significant number of home owners are planning to remortgage in 2017 but research suggests many underestimate the saving they could make. Some 31% of eligible home owners planning to cash in on low interest rates with 25% looking to do so this month, but the potential savings are being underestimated by nearly half, according […] The post Research suggest people looking to remortgage underestimate savings potential appeared first on PropertyWire . Continue reading

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