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Mortgage arrear rate in UK at 20 year low
The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading →
Buyer demand in UK residential market up for second month in a row
Buyer demand in the UK has increased for a second month in a row but they may find that there is not enough choice as supply remains low, according to the latest residential analysis report. The October monthly report from the Royal Institution of Chartered Surveyors (RICS) shows that across the country 10% more respondents […] The post Buyer demand in UK residential market up for second month in a row appeared first on PropertyWire . Continue reading →
Lenders and brokers call for a more cohesive UK housing policy
Lenders in the UK feel there is no cohesive housing policy and not enough backing for private house building, social housing and shared ownership, a new survey has found. Constant ministerial reshuffles are negatively impacting on housing policy and brokers and lenders would like to see more consistency as the current situation is adversely affecting […] The post Lenders and brokers call for a more cohesive UK housing policy appeared first on PropertyWire . Continue reading →