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Brexit will affect UK house prices but not sales, confidence index suggests

Confidence in the UK housing market has fallen to its lowest point in three years as many think Brexit will affect residential property prices, new research has found. It means that house price optimism is now at its lowest since June 2013 although consumers believe the referendum result will have a minimal impact on buying […] The post Brexit will affect UK house prices but not sales, confidence index suggests appeared first on PropertyWire . Continue reading

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Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading

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Mortgage arrear rate in UK at 20 year low

The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading

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