Tag Archives: lending

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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British buyer numbers down in popular Spanish coastal locations due to Brexit

Brexit is bad news for the recovering Spanish property market with a real estate conference in Marbella hearing that it is already having an impact with a fall in British buyers. Interest from British buyers in locations like the Costa del Sol where they have been the biggest group of foreign buyers for many years, […] The post British buyer numbers down in popular Spanish coastal locations due to Brexit appeared first on PropertyWire . Continue reading

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Home buyers in England and Wales need bigger deposits

The average property deposit across England and Wales has increased by around £5,000 year on year despite the amount needed falling as a percentage of the price of a home, new research shows. Indeed, deposit percentages decreased year on year by an average of 1% across all regions, with the exception of Greater London where […] The post Home buyers in England and Wales need bigger deposits appeared first on PropertyWire . Continue reading

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