Tag Archives: property-sales
First time buyers in Scotland borrow more in third quarter of 2016
First time buyers are driving the property market in Scotland with more loans advance to them in the third quarter of 2016 than any quarter since 2007. The latest data from the Council of Mortgage Lenders (CML) shows that overall home buyers borrowed £2.2 billion for house purchase, up 5% quarter on quarter but down […] The post First time buyers in Scotland borrow more in third quarter of 2016 appeared first on PropertyWire . Continue reading →
UK property prices remain resilient, latest index data shows
Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading →
Buy to let lending in UK still well below levels a year ago, latest data shows
Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading →