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Lenders launch a range of new mortgage products to kick start the year
What will happen to mortgage rates in 2017 is still a guessing game with opinion divided over whether or not the Bank of England will raise interest rates but the year has started with a number of offers and new products. Yorkshire Building Society has launched a two year discounted standard variable rate mortgage at […] The post Lenders launch a range of new mortgage products to kick start the year appeared first on PropertyWire . Continue reading →
Rate of residential rental growth halves in Great Britain in 2016
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →
Fraud investigators in UK issuing warning over empty property crime
Home owners in the UK are being warned that there are groups of criminals actively targeting empty properties which they use to apply for a mortgage or loan. The scams are not new and the reason for the current spate is unclear but the National Fraud Intelligence Bureau’s Proactive Intelligence Team has issued a warning. […] The post Fraud investigators in UK issuing warning over empty property crime appeared first on PropertyWire . Continue reading →