Tag Archives: british
Ban on letting agent fees divides UK rental industry
Opinion is divided over whether or not the decision to ban letting agent fees in England is a good move for the private rental market. The announcement by Chancellor Philip Hammond that the ban will be introduced as soon as possible was met with dismay by letting agent and landlord organisations who warned that agents […] The post Ban on letting agent fees divides UK rental industry appeared first on PropertyWire . Continue reading →
First time buyers in Scotland borrow more in third quarter of 2016
First time buyers are driving the property market in Scotland with more loans advance to them in the third quarter of 2016 than any quarter since 2007. The latest data from the Council of Mortgage Lenders (CML) shows that overall home buyers borrowed £2.2 billion for house purchase, up 5% quarter on quarter but down […] The post First time buyers in Scotland borrow more in third quarter of 2016 appeared first on PropertyWire . Continue reading →
Increased regulation affecting access to finance for UK home buyers
The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers appeared first on PropertyWire . Continue reading →