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Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading

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Average rents down across much of UK month on month in October

Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading

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First time buyers often rent as it takes so long to find a home to buy in the US

First time buyers in the US consider renting while they find their dream home as it can take so long to get on the housing ladder, new research suggests. The housing market is currently so competitive that it takes more than 17 weeks to find a new home to buy but data from real estate […] The post First time buyers often rent as it takes so long to find a home to buy in the US appeared first on PropertyWire . Continue reading

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