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Passing on full interest rate cut would make UK homes more affordable, research points out

First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in affordable, affordbility, age, agents, approvals, Asia, Australasia, Australia, bank, Brexit, building, buy, Buy to Let, Buyers, buying, Cities, data, Demand, Deposit, Deposits, Dubai, England, estate agent, estate agents, Europe, first time buyer, first time buyers, global, growth, home, home owners, homes, Housing, Index, interest rate, invest, Investment, investments, land, Landlords, lender, Lending, Location, London, market, Middle East, mortgage, mortgage payments, mortgages, new, new home, New Homes, News, North America, ombudsman, ONS, Outlook, owners, ownership, policy, prices, Property, property market, Real Estate, Remortgage, remortgages, rent, renters, rents, research, Residential, saving, Shows, Supply, Taylor Scott International, tenancy, Tenants, Towns, Transactions, TSI, Uk, US, USE, Vienna, Wales, Yields | Tagged , , , , , , , | Comments Off on Passing on full interest rate cut would make UK homes more affordable, research points out

UK Property Ombudsman steps in to outlay portal juggling in the residential industry

The Property Ombudsman in the UK has announced it will issue updated versions of all its Codes of Practice in order to address emerging industry issues, in particular the manipulation of internet portals known as portal juggling. The practice involves the manipulation of property portals which misleads consumers by removing and re-listing homes on various […] The post UK Property Ombudsman steps in to outlay portal juggling in the residential industry appeared first on PropertyWire . Continue reading

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Property supply in UK housing market rises

Supply in the UK’s housing market reached its highest level since March this year and is a sign that it is moving in the right direction, according to estate agents. The number of houses available for buyers increased to 41 per branch in August, the highest level seen since March when agents reported an average […] The post Property supply in UK housing market rises appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in affordable, age, Asia, Australasia, Brexit, building, buy, Buy to Let, Buyers, buying, Cities, confidence, data, Demand, Deposit, Deposits, England, estate agent, estate agents, Europe, first time buyer, first time buyers, global, government, growth, home, homes, houses, Housing, housing market, Index, Investment, investments, land, Landlords, Location, London, market, mortgage, moving, NEAE, new, new home, New Homes, New Zealand, News, office, ONS, policy, prices, Property, property market, Real Estate, rent, Residential, sales, sentiment, Shows, Supply, survey, Taylor Scott International, tenancy, Tenants, Transactions, TSI, Uk, US, USE, Yields | Tagged , , , , , , , , | Comments Off on Property supply in UK housing market rises