regulation

Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading

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Planning authorities on UK to be assessed on speed and quality of decisions

The UK Government is set to get tough with local authorities that are consistently slow making planning decisions and who refuse development without good reasons. The criteria for improving planning performance have been published which sets out how persistent under performance will be tackled. Housing and Planning Minister Gavin Barwell said that authorities must continually […] The post Planning authorities on UK to be assessed on speed and quality of decisions appeared first on PropertyWire . Continue reading

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Renting set to be more affordable in the US in 2017, new analysis suggests

Home ownership rates in the US are expected to bounce back in 2017 and renting will become more affordable but Trump could push up housing cost, says a new analysis. The outlook report from real estate firm Zillow predicts that recent trends will reverse course as the housing market’s economic recovery enters a new stage. […] The post Renting set to be more affordable in the US in 2017, new analysis suggests appeared first on PropertyWire . Continue reading

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