Conveyancing

Historic low rates encouraging more UK home owners to remortgage

Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading

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Home buyers in England and Wales need bigger deposits

The average property deposit across England and Wales has increased by around £5,000 year on year despite the amount needed falling as a percentage of the price of a home, new research shows. Indeed, deposit percentages decreased year on year by an average of 1% across all regions, with the exception of Greater London where […] The post Home buyers in England and Wales need bigger deposits appeared first on PropertyWire . Continue reading

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Average cost of moving house in the UK grows to almost £11,000

The average cost of moving house in the UK has increased by 9% or £870 over the past year to almost £11,000, according to new research. However, for those in the Greater London area it has increased by £4,732 or 18% over the past year, more than five times the national increase. The figures from […] The post Average cost of moving house in the UK grows to almost £11,000 appeared first on PropertyWire . Continue reading

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