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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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Research reveals affordable areas for buyers in US hot spot metros

Even in more expensive metro areas in the United States there are cities with affordable homes but buyers face high prices in sought after locations, new research suggests. The San Jose metro has been one of the hottest housing markets in the country and buyers in Palo Alto, for example, can expect to spend 75% […] The post Research reveals affordable areas for buyers in US hot spot metros appeared first on PropertyWire . Continue reading

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Estate agents record more sales to first time buyers in UK

The number of people looking to buy a home in the UK increased at the end of 2016 with estate agents also recording record December sales to first time buyers. But the number of sales agreed fell despite the heightened interest from buyers overall, according to the latest monthly report from the National Association of […] The post Estate agents record more sales to first time buyers in UK appeared first on PropertyWire . Continue reading

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