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UK property lending market sees rise in buyers with smaller deposits

Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading →

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Sales in UK property market reach 10 year high

The number of sales agreed in the UK rose to a 10 year high in February but sales to first time buyers fell, according to the latest figures from estate agents. The data from the National Association of Estate Agents (NAEA) shows that transactions increased to 11 per branch and the last time this figure […] The post Sales in UK property market reach 10 year high appeared first on PropertyWire . Continue reading →

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Formal beginning of Brexit not likely to have huge impact on UK property market

The UK property market is not set to see any major upheaval with the formal start to the two years of negotiation to leave the European Union, and might even benefit from an expected slowing in the economy. Experts point out that the market did not see any huge effect from the decision to leave […] The post Formal beginning of Brexit not likely to have huge impact on UK property market appeared first on PropertyWire . Continue reading →

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