monthly
Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →
Property prices and sales continue to rise in Canada despite mortgage changes
Tighter mortgage criteria in Canada does not seem to be impacting the nation’s property market yet with sales and prices continuing to rise. The new rules only came into play in the middle of October so the effect is more likely to show in the coming months and could affect first time buyers the most, […] The post Property prices and sales continue to rise in Canada despite mortgage changes appeared first on PropertyWire . Continue reading →
Home borrowers in UK benefitting from low interest rates with all making savings
The interest rate gap between low and high loan to value mortgages in the UK has reached a year-long high since the result of the referendum to leave the European Union, new research shows Average rates have fallen three times faster for those with bigger deposits compared to those with small deposits since the referendum, […] The post Home borrowers in UK benefitting from low interest rates with all making savings appeared first on PropertyWire . Continue reading →