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Home buyers in England and Wales need bigger deposits

The average property deposit across England and Wales has increased by around £5,000 year on year despite the amount needed falling as a percentage of the price of a home, new research shows. Indeed, deposit percentages decreased year on year by an average of 1% across all regions, with the exception of Greater London where […] The post Home buyers in England and Wales need bigger deposits appeared first on PropertyWire . Continue reading

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UK home lending biggest for month of September since 2007

The home lending market in the UK has not been affected by Brexit with the latest figures showing that gross mortgages reached £20.5 billion in September. This was the highest September lending figure recorded by the Council of Mortgage Lenders since 2007 and was 2% higher than September 2015 but it was 7% lower than […] The post UK home lending biggest for month of September since 2007 appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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