Loans

Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading →

Posted on November 14, 2016 by tsiadmin | Posted in ads, advice, affordability, age, agent, Alps, ASA, Asia, average, borrowers, Brexit, build, Builders, building, buy, Buy to Let, Buyers, buying, challenge, chancellor, change, commercial, Commercial Property, Company News, conference, confidence, construction, consumer, cost, Cyprus, data, Demand, Development, economy, England, Europe, existing, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, government, growth, Help to Buy, home, home builder, home builders, home owners, homes, Hong Kong, house prices, Housing, Hunters, Index, innovation, interest rate, interest rates, invest, Investment, investments, land, Leeds Building Society, Legal, lender, lenders, Lending, letting, Lettings, lettings agent, Loans, Location, London, market, markets, money, mortgage, mortgages, move, moving, national, new, new home, New Homes, News, North America, ONS, owners, permission, Planning, policy, price, prices, products, projects, Property, property market, property markets, purchase, qualifications, quality, range, recovery, regeneration, rent, rental, Rental Market, rents, research, Residential, retirement, review, sales, search, Shows, slowing, standard, Supply, survey, take up, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value | Tagged , , , , , , , | Comments Off on Home lending industry in UK facing challenges from age and need for innovation

UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading →

Posted on November 3, 2016 by tsiadmin | Posted in ads, advice, affordability, age, agent, agents, applications, approval, ASA, bank, Brexit, Brokers, build, building, business, buy, Buy to Let, Buyers, buying, change, changes, commercial, Company News, confidence, consumer, data, Demand, Equity, Equity Release, Europe, finance, Finance Update, first time buyer, fixed rate, flat, future, glitch, global, Global News, growth, home, home hunts, home owners, homes, Housing, housing market, Index, insurance, international, invest, Investment, investments, land, Leeds Building Society, lender, lenders, Lending, Loans, Location, London, luxury property, market, markets, mortgage, mortgages, national, new, new home, New Homes, News, North America, ONS, owners, pending, policy, pressure, prioerty, products, Property, purchase, Real Estate, record, recovery, Remortgage, rent, research, Residential, rules, sales, search, Shows, sites, skills, Spain, standard, stwitching, survey, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, Valuations, value | Tagged , , , , , , , , , , , | Comments Off on UK mortgage industry not keen on seven day switching, survey shows

Historic low rates encouraging more UK home owners to remortgage

Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading →

Posted on October 26, 2016 by tsiadmin | Posted in activity, ads, advice, age, agent, agents, airport, Architects, ASA, average, bank, Brexit, build, building, buy, Buy to Let, Buyers, buying, change, changes, Company News, confidence, Conveyancing, cost, costs, data, Demand, demolish, Design, England, Europe, expensive, finance, Finance Update, fixed rate, fixed rates, flat, future, growth, Heathrow, home, home hunts, home owners, homes, house prices, Index, interest rate, interest rates, international, invest, Investment, investments, Ireland, land, Leeds Building Society, lender, lenders, Lending, Loans, Location, London, market, money, monthly, mortgage, mortgages, move, new, News, office, ONS, owners, parliament, policy, price, prices, prime, private rented sector, products, Property, property prices, Property Sales, purchase, Real Estate, record, recovery, regional, Remortgage, remortgages, rent, rental, research, runway, sales, saving, Scotland, search, security, Shows, Spain, Stamp Duty, standard, Supply, survey, tax, Taylor Scott International, temporary, Transactions, TSI, U, Uk, US, USE, Valuations, value | Tagged , , , , , , , , , , | Comments Off on Historic low rates encouraging more UK home owners to remortgage