The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
Deposit
First time buyer home valuations rise as Help to Buy mortgage guarantee end looms
First time buyers in the UK are racing to beat the end of year deadline for the Government’s Help to Buy mortgage guarantee scheme with more valuations being carried out in this sector. In September the number of valuations for first time buyers rose by 18.7% on an annual basis, according to research from Connells […] The post First time buyer home valuations rise as Help to Buy mortgage guarantee end looms appeared first on PropertyWire . Continue reading →
High UK property prices makes long term commuting more viable, research suggests
It might seem like madness, and expensive, to work in London and live in another major UK city with the commuting costs and travelling time alone onerous. But new research suggest that low cost air travel and lower house prices outside London does make it cheaper to live in another city with good air connections […] The post High UK property prices makes long term commuting more viable, research suggests appeared first on PropertyWire . Continue reading →