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Equity release in UK reached new records in 2016
Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading →
Research suggest people looking to remortgage underestimate savings potential
A significant number of home owners are planning to remortgage in 2017 but research suggests many underestimate the saving they could make. Some 31% of eligible home owners planning to cash in on low interest rates with 25% looking to do so this month, but the potential savings are being underestimated by nearly half, according […] The post Research suggest people looking to remortgage underestimate savings potential appeared first on PropertyWire . Continue reading →
Homes are becoming less affordable in the US as prices rise and wages don’t
Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading →