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UK mortgage industry not keen on seven day switching, survey shows
Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading →
British buyer numbers down in popular Spanish coastal locations due to Brexit
Brexit is bad news for the recovering Spanish property market with a real estate conference in Marbella hearing that it is already having an impact with a fall in British buyers. Interest from British buyers in locations like the Costa del Sol where they have been the biggest group of foreign buyers for many years, […] The post British buyer numbers down in popular Spanish coastal locations due to Brexit appeared first on PropertyWire . Continue reading →
Survey finds home buyers feel pressured to take out insurance with mortgage provider
Home buyers in the UK are paying over the odds on their home insurance by opting for products provided by their mortgage company, according to new research. Around 17% of mortgage holders could be paying £66 more than they need and with around 7.8 million mortgaged households in the UK this equates to overpayments of […] The post Survey finds home buyers feel pressured to take out insurance with mortgage provider appeared first on PropertyWire . Continue reading →