The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
Tag Archives: loans
Buy to let mortgage applications via UK limited companies rise steeply
More than half of applications from UK landlords purchasing buy to let properties were through a limited company in the third quarter of 2016, the latest index shows. Some 63% of applications were from limited companies, a considerable rise from just 21% before the changes to tax relief on mortgage interest were announced in July […] The post Buy to let mortgage applications via UK limited companies rise steeply appeared first on PropertyWire . Continue reading →
Majority of UK home owners undertaking work on their property don’t check insurance
Some 64% of UK home owners renovating their property were unaware that not being properly insured when undertaking building work could put them in breach of the terms of their mortgage, a new poll has found. In addition, 55% didn’t tell their home insurer when doing structural work to their property, resulting in a potential […] The post Majority of UK home owners undertaking work on their property don’t check insurance appeared first on PropertyWire . Continue reading →