Deposit
Interest only mortgage loans in UK could be facing multi billion pound shortfall
Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →
Complaints against estate agents in UK up 32%
Complaints against estate agents in the UK upheld by the Property Ombudsman scheme increased by 32% last year with agents paying out £811,134 in compensation. The Ombudsman’s annual report shows that overall it received 16,265 enquiries from consumers seeking advice and it resolved 3,304 formal complaints, a substantial 32% increase from the previous year and […] The post Complaints against estate agents in UK up 32% appeared first on PropertyWire . Continue reading →
UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016
One of the UK Government’s flagship schemes aimed at helping first time buyers onto the housing ladder will close at the end of 2016, it has been confirmed. The Help to Buy mortgage guarantee will close for new loans at the end of December with the move receiving some criticism despite the fact that it […] The post UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016 appeared first on PropertyWire . Continue reading →