Tag Archives: outlook
New rents fall 0.8% across the UK with latest index revealing slowdown trend
New rents across the UK fell by 0.8% in September and at an average of £910 per month are now just 3% above a year ago, according to the latest index. It is the slowest annual growth rate recorded this year by the HomeLet Rental Index and means that rental price inflation has fallen in […] The post New rents fall 0.8% across the UK with latest index revealing slowdown trend appeared first on PropertyWire . Continue reading →
Leeds Building Society launches more flexible home lending products
Demand from borrowers for more flexible home lending products has resulted in more offerings from the Leeds Building Society with the aim of improving lending into retirement and borrower choice. The Society has increased the maximum term from 25 years up to 40 where the customer is borrowing past their stated retirement age and borrowers […] The post Leeds Building Society launches more flexible home lending products appeared first on PropertyWire . Continue reading →
Passing on full interest rate cut would make UK homes more affordable, research points out
First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading →