interest only

Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading

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Property prices in UK up 0.1% in September, latest index shows

Residential property prices in the UK increased by 0.1% in September, taking the average price of a home to £214,024, according to the latest index to be published. But there was a slight quarter on quarter fall of 0.1% although prices are still up 5.8% compared to a year ago, down from 6.9% in August, […] The post Property prices in UK up 0.1% in September, latest index shows appeared first on PropertyWire . Continue reading

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Majority of UK home owners undertaking work on their property don’t check insurance

Some 64% of UK home owners renovating their property were unaware that not being properly insured when undertaking building work could put them in breach of the terms of their mortgage, a new poll has found. In addition, 55% didn’t tell their home insurer when doing structural work to their property, resulting in a potential […] The post Majority of UK home owners undertaking work on their property don’t check insurance appeared first on PropertyWire . Continue reading

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