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Home repossessions and arrears in UK fell in 2016, latest data shows

The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading

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Report says green belt will have to be used for new homes to meet housing targets

The UK Government will need to stick to its plans to boost house building outlined in its new policy paper if it is to reach its target of a million new homes by 2020, according to a new report. Now is the perfect time to initiate a housing revolution as attitude to housing is changing […] The post Report says green belt will have to be used for new homes to meet housing targets appeared first on PropertyWire . Continue reading

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Home lending industry ready to work with new UK housing policies

The lending industry in the UK is ready to work with the Government’s ambitious plans to build more homes more quickly as outlined in the first housing policy paper for years. The Council of Mortgage Lenders (CML) which represents over 90% of lenders, welcomed the publication of the Housing White Paper and said members will […] The post Home lending industry ready to work with new UK housing policies appeared first on PropertyWire . Continue reading

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