mortgage payments
Survey suggests tenants in UK cannot afford further rent rises
Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading →
High UK property prices makes long term commuting more viable, research suggests
It might seem like madness, and expensive, to work in London and live in another major UK city with the commuting costs and travelling time alone onerous. But new research suggest that low cost air travel and lower house prices outside London does make it cheaper to live in another city with good air connections […] The post High UK property prices makes long term commuting more viable, research suggests appeared first on PropertyWire . Continue reading →
Passing on full interest rate cut would make UK homes more affordable, research points out
First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading →