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Equity release in UK reached new records in 2016
Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading →
UK Government urged to take steps to boost affordable homes in rural areas
The supply of affordable homes in rural areas of England is static having slowed to a three year low in 2016 and highlighting the need for fresh ideas to combat shortages in the countryside. The Country Landowners Association (CLA) says that local authorities continue to ignore the potential of Rural Exception Sites with latest official […] The post UK Government urged to take steps to boost affordable homes in rural areas appeared first on PropertyWire . Continue reading →
Manchester aims to build 2,000 new affordable homes a year
With cities in the UK facing a lack of affordable homes one of the biggest in the country has announced plans to build 2,000 new homes every year. Manchester City Council says it was to accelerate the delivery of affordable homes and has drawn up a housing affordability framework which aims to ensure a strong […] The post Manchester aims to build 2,000 new affordable homes a year appeared first on PropertyWire . Continue reading →