mortgages
Landlord association calls for agent fees to continue but spread out across tenancy
An association representing lettings agents across the UK is calling for agent letting fees to be spread across the first six months of a tenancy rather than being banned completely. The Association of Residential Letting Agents (ARLA) believes that the proposed ban in letting fees in England and Wales, they are already banned in Scotland, […] The post Landlord association calls for agent fees to continue but spread out across tenancy appeared first on PropertyWire . Continue reading →
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 →
Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise
Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading →