Tag Archives: mortgage
Home lending industry in UK facing challenges from age and need for innovation
Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading →
Lenders and brokers call for a more cohesive UK housing policy
Lenders in the UK feel there is no cohesive housing policy and not enough backing for private house building, social housing and shared ownership, a new survey has found. Constant ministerial reshuffles are negatively impacting on housing policy and brokers and lenders would like to see more consistency as the current situation is adversely affecting […] The post Lenders and brokers call for a more cohesive UK housing policy appeared first on PropertyWire . Continue reading →
Home lenders urged to take rental payments into account
Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading →