Scotland

Home lenders urged to take rental payments into account

Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading

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More houses selling in the UK for a million pounds and more

Million pound house sales in the UK are rising but the average price of a home in this bracket has fallen by 7% in the past two years, new research has found. The number of million pound sales in the first half of 2016 was 12% higher than in the first six months of 2015, […] The post More houses selling in the UK for a million pounds and more appeared first on PropertyWire . Continue reading

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Brexit means slower house price growth and sales in UK over coming years

Economic uncertainty is set to trigger two years of very low house price growth in the UK but an extension of the low interest rate environment will prevent a price correction, says new research. Mainstream house price growth is expected to remain flat over the next year to 18 months, growing just 2% by the […] The post Brexit means slower house price growth and sales in UK over coming years appeared first on PropertyWire . Continue reading

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