Tag Archives: mortgage
Buy to let landlords affected by lending and tax changes, research suggests
New research suggests that tougher lending criteria and rising house prices are having an impact on buy to let borrowing in the UK, but not all investors are put off by the changes. Average buy to let loans and deposits increased in 2016 as a result of rising property prices and the tougher stance by […] The post Buy to let landlords affected by lending and tax changes, research suggests appeared first on PropertyWire . Continue reading →
£7 billion fund announced for more affordable new homes to be built in UK
Funds of £7 billion is being released by the UK Government to help build more new affordable homes in the country, it has been announced. Housing providers can now apply for a share of the fund, which was allocated an additional £1.4 billion at the Autumn Statement to deliver 40,000 new affordable housing starts across […] The post £7 billion fund announced for more affordable new homes to be built in UK appeared first on PropertyWire . Continue reading →
CML publishes more pessimistic outlook for home lending in UK in 2017
The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading →