Tag Archives: growth
Historic low rates encouraging more UK home owners to remortgage
Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading →
UK rental homes reach highest supply level for 18 months
The residential lettings sector in the UK has seen the supply of homes to rent increase to an 18 month high with demand also increasing. The latest monthly report from the Association of Residential Letting Agents (ARLA) shows that the number of rental properties managed per letting agent branch reached 193 in September, up from […] The post UK rental homes reach highest supply level for 18 months appeared first on PropertyWire . Continue reading →
Central belt of Scotland sees rental values soar
Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading →