Demand in the prime central London lettings market continued to strengthen in September as uncertainty persisted over short term pricing trends in the sales market. The number of tenancies agreed in the three months to August rose 15.7% and marked the highest on record for the month, according to the latest index from real estate […] The post Prime central London rent market sees demand up as values fall appeared first on PropertyWire . Continue reading
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Buy to let mortgage applications via UK limited companies rise steeply
More than half of applications from UK landlords purchasing buy to let properties were through a limited company in the third quarter of 2016, the latest index shows. Some 63% of applications were from limited companies, a considerable rise from just 21% before the changes to tax relief on mortgage interest were announced in July […] The post Buy to let mortgage applications via UK limited companies rise steeply appeared first on PropertyWire . Continue reading →
Number of remortgages in UK up 8% monthly and 45% year on year
Home owners in the UK are remortgaging more frequently than a year ago with new date revealing the highest number of remortgage transactions in August since July 2009. Rising house prices and record low interest rates helped the number of remortgage loans to reach 36,195, up 8% month on month and 45% year on year, […] The post Number of remortgages in UK up 8% monthly and 45% year on year appeared first on PropertyWire . Continue reading →