Loans

UK financial watchdog to see if current mortgage market can be improved for buyers

The UK’s financial watchdog has launched a market study to consider whether competition in the housing mortgage sector can be improved to benefit consumers. The Financial Conduct Authority (FCA) said it wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand […] The post UK financial watchdog to see if current mortgage market can be improved for buyers appeared first on PropertyWire . Continue reading

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New home lending falls in Australia as stamp duty costs rise

The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading

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Leeds Building Society announces changes for buy to let products from January 2017

Leeds Building Society is introducing changes to its buy to let mortgages for landlords to fall in place with tougher lending conditions that come into play in January 2017. The lender will be making changes to underwriting standards in light of the changes made by the Prudential Regulation Authority (PRA) with effect from the first […] The post Leeds Building Society announces changes for buy to let products from January 2017 appeared first on PropertyWire . Continue reading

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