Tag Archives: building

Interest only mortgage loans in UK could be facing multi billion pound shortfall

Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading

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UK house prices continued to see steady growth in September

House prices in the UK increased by 0.3% in September but annual property price growth has slowed to 5.3% from 5.6% in August, according to the latest index to be published. The monthly rise took the price of an average home to £206,015, the data from the Nationwide Building Society, one of the biggest lenders, […] The post UK house prices continued to see steady growth in September appeared first on PropertyWire . Continue reading

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New tenancy scheme to launch in London to help renters save home deposit

The first details of plans for a London Living Rent, a new type of tenancy for newly built affordable homes have been confirmed by Mayor Sadiq Khan. He said that the programme will help average earners in London save for a deposit by offering them a below market rent based on a third of average […] The post New tenancy scheme to launch in London to help renters save home deposit appeared first on PropertyWire . Continue reading

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