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Research suggest renters in UK worse off in terms of financial planning
Millions of people in the UK who rent their homes from private landlords are putting themselves and their families at risk of eviction and financial hardship, it is claimed. Many do not have a financial back-up plan and 30% of private renters admit they would not be financially secure if the main household income was […] The post Research suggest renters in UK worse off in terms of financial planning appeared first on PropertyWire . Continue reading →
Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →