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Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading

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UK property growth was flat in October, latest index data shows

The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading

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New mortgages in UK increased month on month but still below a year ago

The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in activity, ads, advice, affordability, age, agent, agents, approval, approvals, ASA, average, bank, banks, Brexit, Bristol, build, building, buy, Buy to Let, Buyers, buying, change, commercial, Company News, confidence, consumer, cost, data, Demand, Edinburgh, England, Europe, finance, Finance Update, fixed rate, flat, forecast, fund, global, Global News, home, home hunts, home owners, homes, house prices, Housing, housing market, Index, interest rate, international, invest, Investment, investments, Ireland, land, Leeds Building Society, Lending, Location, London, market, monthly, mortgage, mortgages, move, new, new home, New Homes, News, North America, office, ONS, Outlook, owners, Paris, policy, price, prices, products, Property, property market, property markets, property prices, purchase, Real Estate, record, recovery, referendum, Remortgage, rent, rents, research, Residential, sales, saving, Scotland, search, sell, Shows, Spain, standard, Supply, Taylor Scott International, Transactions, TSI, U, Uk, US, USE, value, Yields | Tagged , , , , , , , , | Comments Off on New mortgages in UK increased month on month but still below a year ago