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Autumn Statement: Billions announced to boost new home building by UK Chancellor
The UK Government has announced billions of pounds of new funding to boost the building of new homes and will encourage a wider spread of home types to buy and rent. Delivering his autumn statement, Chancellor Philip Hammond announced a £2.3 billion housing infrastructure plan to support the construction of 100,000 new homes in areas […] The post Autumn Statement: Billions announced to boost new home building by UK Chancellor appeared first on PropertyWire . Continue reading →
UK house price sentiment stable after Brexit vote low
Households across the UK are more optimistic about property prices than they were just after the country voted to leave the European Union, the latest sentiment index shows. The House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has been above 50 for four months in a row following a low recorded in […] The post UK house price sentiment stable after Brexit vote low appeared first on PropertyWire . Continue reading →
Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →