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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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Cheapest and most expensive home sales in England and Wales revealed

The latest data from the land registry shows that the cheapest home sold in England and Wales was just £14,000 and the most expensive over £16 million at the end of 2016. Overall the official data shows that some 31,955 sales took place in England and Wales in December 2016. Some 610 were properties in […] The post Cheapest and most expensive home sales in England and Wales revealed appeared first on PropertyWire . Continue reading

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Rents rising in Spain amid calls for rental controls

esidential rental prices are rising in most Spanish cities with the growth led by Barcelona, Madrid and Palma de Mallorca but some areas are seeing rents fall. Average rents in Barcelona have now increased from €892 a month in 2012 to €1,478, a rise of 65.7% while in Palma de Mallorca they are up 40% […] The post Rents rising in Spain amid calls for rental controls appeared first on PropertyWire . Continue reading

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