existing home
Disappointing lending figures suggests UK mortgage market is in decline
The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading →
Lack of supply and high prices hit home sales market in the US
A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading →
Home buyers in Scotland borrowed less towards the end of last year, latest figures show
Home buyers in Scotland borrowed £2.2 billion in the final quarter of 2016, down 0.5% quarter on quarter and 3% year on year, the latest data shows. They took out 16,800 loans, down 1% compared to the previous quarter and 3% on the fourth quarter 2015, the figures from the Council of Mortgage Lenders (CML) […] The post Home buyers in Scotland borrowed less towards the end of last year, latest figures show appeared first on PropertyWire . Continue reading →