regeneration
Interest only mortgage loans in UK could be facing multi billion pound shortfall
Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →
Property firm launches dedicated office at London Nine Elms regeneration site
Property firm JLL is expanding its residential agency business and announced a new office in the heart of London’s regeneration area at Nine Elms. It says that contrary to recent reporting, JLL’s research shows that average new build values and sales rates have remained robust, nearly doubling since the first residential scheme Riverlight was launched […] The post Property firm launches dedicated office at London Nine Elms regeneration site appeared first on PropertyWire . Continue reading →
Complaints against estate agents in UK up 32%
Complaints against estate agents in the UK upheld by the Property Ombudsman scheme increased by 32% last year with agents paying out £811,134 in compensation. The Ombudsman’s annual report shows that overall it received 16,265 enquiries from consumers seeking advice and it resolved 3,304 formal complaints, a substantial 32% increase from the previous year and […] The post Complaints against estate agents in UK up 32% appeared first on PropertyWire . Continue reading →