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UK financial watchdog reveals mortgage lending glitch

More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading →

Posted on November 2, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, applications, arrears, ASA, bank, Brexit, build, Builders, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, changes, commercial, Company News, compensation, confidence, data, Demand, England, Equity, Equity Release, Europe, Fees, finance, Finance Update, fixed rate, flat, future, glitch, global, Global News, growth, home, home hunts, home owners, homes, Housing, housing market, Index, interest rate, international, invest, Investment, investments, Isa, land, Leeds Building Society, lender, lenders, Lending, Location, London, luxury property, market, markets, monthly, mortgage, mortgage payments, mortgages, new, new home, New Homes, News, North America, office, ONS, Outlook, owners, pending, policy, prime, prime central London, products, Property, property market, purchase, Real Estate, record, recovery, rent, retail, rules, sales, search, Shows, sites, Spain, standard, Taylor Scott International, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value | Tagged , , , , , , , , , | Comments Off on UK financial watchdog reveals mortgage lending glitch

Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading →

Posted on November 2, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, ASA, average, Brexit, build, Builders, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, Cities, commercial, Company News, confidence, cost, costs, data, Demand, Equity, Equity Release, equity relese, Europe, existing, figures, finance, Finance Update, fixed rate, flat, fund, future, global, Global News, growth, home, home hunts, home owners, homes, houses, Housing, housing market, Index, Inheritance, interest only, interest rate, interest rates, international, invest, Investment, investments, land, leasing, Leeds Building Society, Legal, Lending, Location, London, luxury property, market, marketing, markets, money, monthly, mortgage, mortgages, new, new home, New Homes, News, ONS, Outlook, owners, Planning, policy, price, prime, prime central London, Prime Property, products, Property, property market, protection, purchase, range, Real Estate, record, recovery, rent, research, retirement, search, Shows, slowing, Spain, standard, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value | Tagged , , , , , , , | Comments Off on Equity release reaches another record in UK as home owners cash in

UK property growth was flat in October, latest index data shows

The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading →

Posted on November 2, 2016 by tsiadmin | Posted in activity, ads, advice, affordability, age, agent, agents, approval, approvals, ASA, Asia, Australasia, Australia, average, average price, Brexit, build, Builders, building, business, buy, Buy to Let, Buyers, buying, capital, Central London, change, changes, Cities, commercial, Company News, confidence, construction, consumer, cost, costs, data, Demand, economic, economy, England, estate agent, estate agents, Europe, figures, finance, Finance Update, fixed rate, flat, forecast, fund, future, global, Global News, growth, home, home hunts, home owners, homes, house prices, Housing, housing market, Index, interest rate, interest rates, international, invest, Investment, investments, land, Leeds Building Society, Lending, Location, London, luxury property, market, markets, monthly, mortgage, mortgages, nationwide, negotiations, new, new home, New Homes, News, office, ONS, Outlook, Overseas Buyers, owners, Planning, policy, policy change, pressure, price, priced, prices, prime, prime central London, Prime Property, products, Property, property market, property prices, purchase, Real Estate, record, recovery, referendum, rent, rental, Residential, sales, search, Second Homes, sell, Sellers, sentiment, Shows, slowing, Spain, Stamp Duty, standard, Super Prime, Supply, surcharge, survey, Surveyors, Taylor Scott International, temporary, Transactions, TSI, U, Uk, US, USE, value, Values, wages | Tagged , , , , , , , | Comments Off on UK property growth was flat in October, latest index data shows