UK< home owners

UK home owners are ‘losing’ millions by not checking their mortgage deal

Some £2.78 billion is wasted each year in the UK by 1.1million households sitting on the wrong mortgage deal, new research suggests. On top of this 30% or 3.4 million households don’t know the current interest rate of their mortgage and by switching to a better deal home owners could save on average over £2,500 […] The post UK home owners are ‘losing’ millions by not checking their mortgage deal appeared first on PropertyWire . Continue reading

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Equity release becoming more mainstream for home owners in UK

A record breaking year for equity release in the UK in 2016 saw lifetime mortgages become the fastest growing product in terms of customer numbers, according to the data. The volume of lifetime mortgage customers grew by 22% in 2016 with a total of 27,534 new plans agreed, the figures from the spring 2017 equity […] The post Equity release becoming more mainstream for home owners in UK appeared first on PropertyWire . Continue reading

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Latest data shows rise in mortgage enquiries in UK at end of 2016

There was a significant rise in the average number of mortgage enquiries received by intermediaries in the UK in the final quarter of 2016, according to the latest data to be published. The average number of enquiries increased by 26% to 58 per intermediary in the final quarter of last year, up from 46 in […] The post Latest data shows rise in mortgage enquiries in UK at end of 2016 appeared first on PropertyWire . Continue reading

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