ownership
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →
Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish
Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading →
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 →