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Low mortgage and interest rates in UK benefitting remortgagers
Remortgaging property owners in the UK are taking full advantage of record low interest rates and the cut to the Bank Rate according to the latest research from surveyors. In October the number of remortgage valuations was 16.8% higher than it was in October 2015 as home owners locked into attractive deals, says the report […] The post Low mortgage and interest rates in UK benefitting remortgagers appeared first on PropertyWire . Continue reading →
Equity release reaches another record in UK as home owners cash in
The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading →
House prices near London’s M25 up over 550% since iconic oribtal was built
The average house price in 40 towns close to the M25, London’s iconic orbital motorway, has increased by 551% since it was opened 30 years ago, but not as much as prices in the city, new research shows. Average values have grown from £59,183 in 1986 to £385,085 in 2016, a rise of £325,903 equivalent […] The post House prices near London’s M25 up over 550% since iconic oribtal was built appeared first on PropertyWire . Continue reading →