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Over a Million of Britain’s Wealthiest Refused Credit Since 2011
More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading →
Research reveals few home owners really understand mortgage rates
Just one in four home owners in the UK with a mortgage understand how cuts to the Bank of England’s base rate could affect their mortgage payments, according to new research. In August the Bank of England made the first adjustment to the rate in over seven years, cutting it from 0.5% to 0.25% and […] The post Research reveals few home owners really understand mortgage rates appeared first on PropertyWire . Continue reading →
Research suggests home owners don’t know enough about their mortgage rate
UK mortgage borrowers are generally oblivious to size of their debt with three in five having no idea of the remaining loan balance on their home, new research has found. Just 40% of mortgage borrowers are satisfied they know what’s left to pay on their loan and only a third think it’s important to consider […] The post Research suggests home owners don’t know enough about their mortgage rate appeared first on PropertyWire . Continue reading →
