Tag Archives: buy-to-let

UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading

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UK financial watchdog reveals mortgage lending glitch

More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading

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European commercial real estate markets seeing strong momentum

European commercial real estate markets are generally continuing to display strong momentum, particularly on the investment side, according to a new report. However, feedback remains cautious across much of Asia and the Middle East reflecting challenging macro conditions, says the latest global commercial property analysis from the Royal Institution of Chartered Surveyors (RICS). Investment enquiries […] The post European commercial real estate markets seeing strong momentum appeared first on PropertyWire . Continue reading

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