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Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →
Average price of a typical property in Ireland up over €200,000 for first time
The average price of a three bedroom semi-detached house in Ireland has risen above €200,000 for the first time since the country emerged from the property crash, the latest data shows. The average home in this sector now costs €200,093, a rise of 2.4% since the end of June, and up 6.37% year on year, […] The post Average price of a typical property in Ireland up over €200,000 for first time appeared first on PropertyWire . Continue reading →
UK house prices continued to see steady growth in September
House prices in the UK increased by 0.3% in September but annual property price growth has slowed to 5.3% from 5.6% in August, according to the latest index to be published. The monthly rise took the price of an average home to £206,015, the data from the Nationwide Building Society, one of the biggest lenders, […] The post UK house prices continued to see steady growth in September appeared first on PropertyWire . Continue reading →