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Home borrowers in UK benefitting from low interest rates with all making savings

The interest rate gap between low and high loan to value mortgages in the UK has reached a year-long high since the result of the referendum to leave the European Union, new research shows Average rates have fallen three times faster for those with bigger deposits compared to those with small deposits since the referendum, […] The post Home borrowers in UK benefitting from low interest rates with all making savings appeared first on PropertyWire . Continue reading

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UK property prices remain resilient, latest index data shows

Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading

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Hard hitting report says UK conveyancing system is not fit for purpose

The creation of a secure online portal for all communications needed during the home buying process in the UK would mean greater certainty far earlier in the moving process, it is claimed. Such a move would be welcomed across the industry and by consumers as it would protect the conveyancer, estate agents, mortgage advisors, lenders […] The post Hard hitting report says UK conveyancing system is not fit for purpose appeared first on PropertyWire . Continue reading

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