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Historic low rates encouraging more UK home owners to remortgage

Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading

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Homes sales up in Spain but there are signs of a Brexit effect

Homes sales in Spain are rising again after a summer lull but figures are distorted for a number of reasons, including a potential Brexit effect, according to real estate experts. Data from the National Institute of Statistics (INE) show that sales increased in August by 20% compared to a year ago but such a rise […] The post Homes sales up in Spain but there are signs of a Brexit effect appeared first on PropertyWire . Continue reading

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Property prices in Scotland rising steadily, latest index shows

The average price of property in Scotland increased by 4.3% year on year in August and by 1.3% month on month, the latest index data shows. This takes the average price of a home to £144,561, according to the data from the Registers of Scotland. This compares to a UK average of £218,964, which was […] The post Property prices in Scotland rising steadily, latest index shows appeared first on PropertyWire . Continue reading

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