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Low mortgage rates keeping affordability low for home borrowers in UK

Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading

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More new family homes expected to be built in the US in 2017

The number of new family homes being built in the United States is expected to gradually rise this year and next after dipping slightly at the end of 2016. Last year, the National Association of Home Builders projected 1.16 million total housing starts in 2016, which was up nearly 5% from the previous year. Now […] The post More new family homes expected to be built in the US in 2017 appeared first on PropertyWire . Continue reading

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Landlords and agents warning to be aware of rogue maintenance contractors

Landlords and letting agents in the UK are being urged to be increasingly aware of being ripped off by maintenance contractors overcharging and not completing jobs to a satisfactory standard. The warning comes from the Association of Independent Inventory Clerks (AIIC) which reckons that employing the wrong contractors and tradespeople could be costing landlords and […] The post Landlords and agents warning to be aware of rogue maintenance contractors appeared first on PropertyWire . Continue reading

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