home owners
UK home owners embraced remortgages in 2016 due to record low rates
The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading →
Sales in the UK increased last month but were well below a year ago
Residential property sales in the UK in December increased month on month but are still some way below where they were a year ago, the latest official data shows. Seasonally adjusted sales increased by 0.2% between November and December 2016 but this was 8.5% lower compared than the same month in 2015, according to the […] The post Sales in the UK increased last month but were well below a year ago appeared first on PropertyWire . Continue reading →
Substantial increase in new home building needed to meet UK targets by 2020
The UK Government’s target of building a million new homes by 2020 will only be met if there is a substantial increase in construction, according to a new report. The need for housing in England has in recent years grown faster than its supply and despite a target of delivering a million new homes by […] The post Substantial increase in new home building needed to meet UK targets by 2020 appeared first on PropertyWire . Continue reading →