economy
Number of new homes being built in England is rising but more are needed
There was an 11% increase in the housing supply in England in 2015/2016 and new delivery was up 5.7%, according to official figures but the industry warns that more are needed. The statistics from the Department of Communities and Local Government (DCLG) show that housing supply increased to 189,650 but this was still below the […] The post Number of new homes being built in England is rising but more are needed appeared first on PropertyWire . Continue reading →
Brexit will affect UK house prices but not sales, confidence index suggests
Confidence in the UK housing market has fallen to its lowest point in three years as many think Brexit will affect residential property prices, new research has found. It means that house price optimism is now at its lowest since June 2013 although consumers believe the referendum result will have a minimal impact on buying […] The post Brexit will affect UK house prices but not sales, confidence index suggests appeared first on PropertyWire . Continue reading →
Home lending industry in UK facing challenges from age and need for innovation
Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading →