Equity Release
Over a Million of Britain’s Wealthiest Refused Credit Since 2011
More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading →
Just 11% of home owners in US now in negative equity, latest research shows
Some 11% of home owners in the United States still have loans worth more than their homes despite the recovery in the real estate market reaching its highest point, new research suggests. Prices are expected to rise more slowly in 2017 and while rising home values are freeing home owners from negative equity, allowing them […] The post Just 11% of home owners in US now in negative equity, latest research shows 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 →