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Top end lettings market in England’s Home Counties picking up
The top end of the lettings market in the key Home Counties area in England is picking up thanks to tax changes and greater flexibility from landlords, according to new research. Both supply and demand have risen as higher purchase costs at the top end of the sales market has made buyers increasingly price sensitive, […] The post Top end lettings market in England’s Home Counties picking up appeared first on PropertyWire . Continue reading →
New buy to let powers granted to Bank of England committee from early 2017
he Bank of England’s Financial Policy Committee (FPC) will be granted new powers by the Government to help it protect the financial system from future risks in the buy to let mortgage market. The FPC is responsible for identifying, monitoring and taking action to remove or reduce systemic risks in the financial system and these […] The post New buy to let powers granted to Bank of England committee from early 2017 appeared first on PropertyWire . Continue reading →
Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →