Deposits
Increased regulation affecting access to finance for UK home buyers
The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers appeared first on PropertyWire . Continue reading →
Home borrowers in UK benefitting from low interest rates with all making savings
The interest rate gap between low and high loan to value mortgages in the UK has reached a year-long high since the result of the referendum to leave the European Union, new research shows Average rates have fallen three times faster for those with bigger deposits compared to those with small deposits since the referendum, […] The post Home borrowers in UK benefitting from low interest rates with all making savings appeared first on PropertyWire . Continue reading →
Review of home ownership in UK shows severe decline in young buyers
The first major review into home ownership in the UK in over a decade reveals that the financial squeeze on young people is at the heart of the decline in the number of home owners and calls for a long term approach to housing issues. The independent Redfern Review reveals that home ownership is the […] The post Review of home ownership in UK shows severe decline in young buyers appeared first on PropertyWire . Continue reading →