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ABI introduces UK wide symbol for flood risk for homes
Fewer than one in three people in England and Wales researched the flood risk of the property before buying their current home, new research has found. A survey conducted for the Association of British Insurers (ABI) found home buyers were more likely to have looked into the ease of parking in the area than checked […] The post ABI introduces UK wide symbol for flood risk for homes appeared first on PropertyWire . Continue reading →
Demand for home equity release in UK reaches highest level for a decade
Consumer demand for releasing housing wealth and innovation has helped drive equity release in the UK to its highest level for over a decade, the latest figures show. The sector recorded annual growth of £198 million in equity release lending between the first halves of 2015 and 2016, according to the autumn 2016 Equity Release […] The post Demand for home equity release in UK reaches highest level for a decade appeared first on PropertyWire . Continue reading →
UK Property Ombudsman steps in to outlay portal juggling in the residential industry
The Property Ombudsman in the UK has announced it will issue updated versions of all its Codes of Practice in order to address emerging industry issues, in particular the manipulation of internet portals known as portal juggling. The practice involves the manipulation of property portals which misleads consumers by removing and re-listing homes on various […] The post UK Property Ombudsman steps in to outlay portal juggling in the residential industry appeared first on PropertyWire . Continue reading →