Remortgage

UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading

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New mortgages in UK increased month on month but still below a year ago

The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading

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Property prices in London set to more than double by 2030 despite Brexit

Property buyers looking to make a sound, long term investment in property in London are likely to do better if they look to the east of the city rather than traditional areas of the capital, a new analysis report suggests. The report from real estate firm JLL analyses the forecasted average house price gain in […] The post Property prices in London set to more than double by 2030 despite Brexit appeared first on PropertyWire . Continue reading

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