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Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →
Property prices and sales continue to rise in Canada despite mortgage changes
Tighter mortgage criteria in Canada does not seem to be impacting the nation’s property market yet with sales and prices continuing to rise. The new rules only came into play in the middle of October so the effect is more likely to show in the coming months and could affect first time buyers the most, […] The post Property prices and sales continue to rise in Canada despite mortgage changes appeared first on PropertyWire . Continue reading →
Latest asking prices suggest parts of UK property market are cooling
The UK residential property market is cooling with the latest index showing that most regions have seen small falls in average asking prices although this is partly in line with seasonal expectations. Since October prices have fallen in six of the nine English regions and Wales but not in Scotland while Greater London is currently […] The post Latest asking prices suggest parts of UK property market are cooling appeared first on PropertyWire . Continue reading →