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Research reveals extent of gazumping in UK property market

Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading

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Fraud investigators in UK issuing warning over empty property crime

Home owners in the UK are being warned that there are groups of criminals actively targeting empty properties which they use to apply for a mortgage or loan. The scams are not new and the reason for the current spate is unclear but the National Fraud Intelligence Bureau’s Proactive Intelligence Team has issued a warning. […] The post Fraud investigators in UK issuing warning over empty property crime appeared first on PropertyWire . Continue reading

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Home owners in UK aged 55 and over face poor mortgage choice

Despite more products being on offer the mortgage market in the UK still does not offer enough for people aged 55 and over, research suggests. A survey found that estate agents are becoming increasingly concerned about mortgage lending restrictions for customers aged 55 and over and the impact on the wider housing market. Some 58% […] The post Home owners in UK aged 55 and over face poor mortgage choice appeared first on PropertyWire . Continue reading

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