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Property price growth set to be more subdued in 2017 in UK due to Brexit
While Brexit has not yet had a major impact on the UK housing market, a new analysis suggests that the economic outlook remains uncertain and property price growth is likely to be more subdued in 2017. Both the London and wider UK housing markets outperformed expectations following the referendum in June and after a sharp […] The post Property price growth set to be more subdued in 2017 in UK due to Brexit appeared first on PropertyWire . Continue reading →
Increased regulation affecting access to finance for UK home buyers
The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers 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 →