mortgages
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →
Estate and lettings agent organisations launch joint consumer protection arm
The Association of Residential Letting Agents (ARLA) and the National Association of Estate Agents (NAEA) in the UK have launched a new Propertymark organisation to cover the sales and lettings markets. They announced that they are altering their emphasis from industry facing licensing to consumer protection with the launch of Propertymark which aims to speak […] The post Estate and lettings agent organisations launch joint consumer protection arm appeared first on PropertyWire . Continue reading →
Home lending industry ready to work with new UK housing policies
The lending industry in the UK is ready to work with the Government’s ambitious plans to build more homes more quickly as outlined in the first housing policy paper for years. The Council of Mortgage Lenders (CML) which represents over 90% of lenders, welcomed the publication of the Housing White Paper and said members will […] The post Home lending industry ready to work with new UK housing policies appeared first on PropertyWire . Continue reading →