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Lenders launch a range of new mortgage products to kick start the year
What will happen to mortgage rates in 2017 is still a guessing game with opinion divided over whether or not the Bank of England will raise interest rates but the year has started with a number of offers and new products. Yorkshire Building Society has launched a two year discounted standard variable rate mortgage at […] The post Lenders launch a range of new mortgage products to kick start the year appeared first on PropertyWire . Continue reading →
Conveyancing industry calls for residential leasehold change
he conveyancing industry is calling for the residential leasehold process in the UK to be changed in 2017 to end unacceptable delays, extortionate ground rents and high fees. The Conveyancing Association says that there is also a lack of knowledge among buyers about leaseholds with recent research showing that 57% of those buying a leasehold […] The post Conveyancing industry calls for residential leasehold change appeared first on PropertyWire . Continue reading →
CML publishes more pessimistic outlook for home lending in UK in 2017
The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading →