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Buy to let lending in UK still well below levels a year ago, latest data shows
Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading →
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 →
Asking rental growth slowing in UK, especially London and South East
Rent growth in the UK is slowing, particularly in London and the South East, but up overall 3% in October year on year, the latest index shows. New tenancy rents were on average £902 per month, according to the HomeLet rental index which suggests that landlords appear to be balancing affordability with returns. It was […] The post Asking rental growth slowing in UK, especially London and South East appeared first on PropertyWire . Continue reading →