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: mortgages
Survey suggests buyers and sellers in UK are affected by Brexit
Some 40% of business owners and small businesses in the UK expect buyers and sellers of houses to hold back until there is greater clarity on the impact of Brexit. Of these, 30% expect house prices to fall by 5% over the next year and 11% believe prices will fall by 10% over the next […] The post Survey suggests buyers and sellers in UK are affected by Brexit appeared first on PropertyWire . Continue reading →
UK sees first time buyer mortgages rise as buy to let slows
Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading →