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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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Average rents down across much of UK month on month in October

Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading

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Cleaning, damage and decoration cause most disputes in UK rented sector

New research from the Tenancy Deposit Scheme annual survey reveals that cleaning issues make up 57% of all disputes in the private rented sector in the UK. This is more than damage to fixtures and fittings which account for 51% of disputes between landlords and tenants and interior decoration which makes up 32% while rent […] The post Cleaning, damage and decoration cause most disputes in UK rented sector appeared first on PropertyWire . Continue reading

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