quarterly
Remortgages increased share of home lending market in UK last year
There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading →
Promising outlook for sales and lettings in prime central London market
The outlook is more promising for sales and lettings in the prime central London property markets with stamp duty impact now largely absorbed, according to the latest analysis. Both markets saw declines in 2016 but with price adjustments from stamp duty changes now largely taken up, prices are expected to remain steady while activity increases […] The post Promising outlook for sales and lettings in prime central London market appeared first on PropertyWire . Continue reading →
Home buyers in Scotland borrowed less towards the end of last year, latest figures show
Home buyers in Scotland borrowed £2.2 billion in the final quarter of 2016, down 0.5% quarter on quarter and 3% year on year, the latest data shows. They took out 16,800 loans, down 1% compared to the previous quarter and 3% on the fourth quarter 2015, the figures from the Council of Mortgage Lenders (CML) […] The post Home buyers in Scotland borrowed less towards the end of last year, latest figures show appeared first on PropertyWire . Continue reading →