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UK financial watchdog reveals mortgage lending glitch

More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading

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UK housing market expected to be strong and active throughout Brexit process

The path towards Brexit will dictate what happens in the UK housing market over the next few years but it is expected to remain reasonably strong and active, according to a new analysis. There may be some turbulence along the way with article 50 to be enacted by march 2017 and the country set to […] The post UK housing market expected to be strong and active throughout Brexit process appeared first on PropertyWire . Continue reading

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Prime central London property market outlook flat for 2017

Only properties that are priced realistically in the prime central London market are selling as the sector has been impacted by tax change, according to the latest analysis. Sales have seen an uplift of 4.6% from British buyers in the third quarter of 2016 but overall both the volume of sales and selling prices are […] The post Prime central London property market outlook flat for 2017 appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in action plan, activity, ads, advice, age, agent, agents, analysis, ASA, Asia, Asking Prices, Brexit, build, Builders, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, Cities, commercial, Company News, confidence, cost, currency, data, Demand, economic, Europe, expensive, finance, Finance Update, fixed rate, flat, flooding, future, global, Global News, growth, home, home hunts, homes, house prices, houses, Housing, housing market, Index, international, invest, Investment, investments, Leeds Building Society, letting, Lettings, lettings market, Location, London, luxury property, market, mortgage, mortgages, new, News, ONS, Outlook, Overseas Buyers, owners, Planning, policy, price, priced, prices, prime, Prime Property, products, Property, property market, protection, purchase, Real Estate, recovery, rent, rental, Rental Market, Residential, sales, search, sell, Sellers, sellin, selling, sentiment, slowing, Spain, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, tenancy, Transactions, TSI, U, Uk, US, USE, value, Values | Tagged , , , , , , , | Comments Off on Prime central London property market outlook flat for 2017