borrowers

Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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Households in UK confident about housing market outlook, latest survey shows

The majority of households across the UK, led by London, believe that the value of their home rose over the last month and they are confident about the outlook for 2017, according to new research. The perceived rate of house price growth rose month on month with respondents in 10 of 11 regions covered by […] The post Households in UK confident about housing market outlook, latest survey shows appeared first on PropertyWire . Continue reading

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Electronic mortgages likely to be introduced in England and Wales

The Land Registry in England and Wales has launched a consultation on proposals to allow it to introduce new digital conveyancing and registration including e-mortgages. It is seeking responses from the property industry and individuals to changes that will allow it to change the rules so it can move forward with fully digital conveyancing documents […] The post Electronic mortgages likely to be introduced in England and Wales appeared first on PropertyWire . Continue reading

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