tenancy
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 →
Complaints against estate agents in UK up 32%
Complaints against estate agents in the UK upheld by the Property Ombudsman scheme increased by 32% last year with agents paying out £811,134 in compensation. The Ombudsman’s annual report shows that overall it received 16,265 enquiries from consumers seeking advice and it resolved 3,304 formal complaints, a substantial 32% increase from the previous year and […] The post Complaints against estate agents in UK up 32% 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 →