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Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish

Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading

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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

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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

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