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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

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Last year saw more first time buyers in UK but they are older and pay more

The number of first time buyers in the UK is estimated to have reached 335,750 in 2016, up 7.3% and the third year in a row of growth, according to a new report. It means that those getting on the housing ladder for the first time have reached their highest level since the start of […] The post Last year saw more first time buyers in UK but they are older and pay more appeared first on PropertyWire . Continue reading

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Equity release in UK reached new records in 2016

Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading

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