Equity

Equity release becoming more mainstream for home owners in UK

A record breaking year for equity release in the UK in 2016 saw lifetime mortgages become the fastest growing product in terms of customer numbers, according to the data. The volume of lifetime mortgage customers grew by 22% in 2016 with a total of 27,534 new plans agreed, the figures from the spring 2017 equity […] The post Equity release becoming more mainstream for home owners in UK appeared first on PropertyWire . Continue reading

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San Francisco and London most expensive cities to rent a home

San Francisco, London, Hong Kong and Tokyo are the most expensive cities in the world to rent a one bedroom apartment, according to new research. Average rental prices account 47% of average salaries in San Francisco, 45% in London, 44% in Hong Kong and 42% in Tokyo, according to the rankings of 20 top cities […] The post San Francisco and London most expensive cities to rent a home appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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