England
Home lenders urged to take rental payments into account
Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading →
Downsizers in UK unrealistic about what their money can buy, research suggests
Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading →
More houses selling in the UK for a million pounds and more
Million pound house sales in the UK are rising but the average price of a home in this bracket has fallen by 7% in the past two years, new research has found. The number of million pound sales in the first half of 2016 was 12% higher than in the first six months of 2015, […] The post More houses selling in the UK for a million pounds and more appeared first on PropertyWire . Continue reading →