Tag Archives: finance
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 →
London housing market has healthy outlook with growth by borough averaging 15%
Despite the current uncertainties in the London property market over the past 12 months the city has a generally healthy outlook with growth averaging 15%. An analysis of London’s 33 boroughs by real estate firm CBRE measures everything from sales and rental growth, to the average age and salaries shows that the outer boroughs have […] The post London housing market has healthy outlook with growth by borough averaging 15% appeared first on PropertyWire . Continue reading →
Prime property price growth slowing in key global cities
Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their […] The post Prime property price growth slowing in key global cities appeared first on PropertyWire . Continue reading →