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UK financial watchdog to see if current mortgage market can be improved for buyers
The UK’s financial watchdog has launched a market study to consider whether competition in the housing mortgage sector can be improved to benefit consumers. The Financial Conduct Authority (FCA) said it wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand […] The post UK financial watchdog to see if current mortgage market can be improved for buyers appeared first on PropertyWire . Continue reading →
Rent gap between London and rest of UK narrows
Residential rents outside London have risen faster than in the capital for the first time since 2010 with the gap steadily growing over the last five years, new research shows. The average London rent fell 0.7% year on year on November, the sharpest fall since October 2010 but it still some 60% higher than in […] The post Rent gap between London and rest of UK narrows appeared first on PropertyWire . Continue reading →
Value of homes in UK up 51% or £1.9 trillion since 2006
The total value of privately owned residential properties the UK has grown to over £5.5 trillion for the first time, according to new research. In the last 10 years the total value has increased by 51% or £1.9 trillion to an estimated £5.6 trillion, a rise that has comfortably out-paced the retail price index, which […] The post Value of homes in UK up 51% or £1.9 trillion since 2006 appeared first on PropertyWire . Continue reading →
