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Interest only mortgage loans in UK could be facing multi billion pound shortfall

Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →

Posted on October 5, 2016 by tsiadmin | Posted in ads, affordable, age, agents, ASA, Asia, Australasia, Australia, Brexit, building, burden, buy, Buyers, buying, change, Cities, complaint, costs, data, Demand, Deposit, Deposits, Developers, England, estate agent, estate agents, Europe, Finance Update, first time buyer, first time buyers, global, Global News, home, home owners, homes, Housing, Index, interest only, interest rate, invest, Investment, investments, land, Leeds Building Society, Lending, listings, Loans, Location, London, market, mortgage, mortgages, move, new, new home, News, office, ONS, owners, policy, price, prices, products, Property, property prices, Property Tax, regeneration, rent, rental, rents, research, Residential, retirement, sales, Scotland, shortfall, Shows, standard, tax, Taylor Scott International, Transactions, TSI, Uk, US, USE, Values, Wales | Tagged , , , , , , , , , | Comments Off on Interest only mortgage loans in UK could be facing multi billion pound shortfall

Property firm launches dedicated office at London Nine Elms regeneration site

Property firm JLL is expanding its residential agency business and announced a new office in the heart of London’s regeneration area at Nine Elms. It says that contrary to recent reporting, JLL’s research shows that average new build values and sales rates have remained robust, nearly doubling since the first residential scheme Riverlight was launched […] The post Property firm launches dedicated office at London Nine Elms regeneration site appeared first on PropertyWire . Continue reading →

Posted on October 5, 2016 by tsiadmin | Posted in ads, affordable, age, agents, ASA, Asia, Australasia, Australia, Brexit, building, burden, buy, buying, Central London, change, Cities, Company News, complaint, completion, data, Demand, Development, England, estate agent, estate agents, Europe, Finance Update, global, Global News, growth, home, homes, houses, Housing, Index, invest, Investment, investments, JLL, land, Leeds Building Society, Lending, listings, Loans, Location, London, market, mortgage, new, new home, New Homes, News, Nine Elms, office, ONS, policy, price, prices, prime, products, Property, property prices, Property Tax, recovery, regeneration, rent, rental, rents, resdential sales, research, Residential, retirement, sales, Scotland, Shows, standard, tax, Taylor Scott International, Transactions, TSI, Uk, US, USE, Values, Wales | Tagged , , , , , , , | Comments Off on Property firm launches dedicated office at London Nine Elms regeneration site

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 →

Posted on October 5, 2016 by tsiadmin | Posted in ads, age, agents, ASA, Asia, Australasia, Australia, Brexit, building, burden, buy, Buyers, buying, change, Cities, code of practice, compensation, complaint, complaints, consumer, data, Demand, Deposit, Deposits, Development, England, estate agent, estate agents, Europe, expensive, Finance Update, global, Global News, government, hmes, home, homes, Housing, housing market, Index, invest, Investment, investments, land, Landlords, Leeds Building Society, Lending, letting, Letting Agents, Lettings, lettings agents, listings, Loans, Location, London, market, marketing, mortgage, new, new home, News, office, ombudsman, ombusdman, ONS, policy, price, prices, products, Property, property ombudsman, property prices, Property Tax, Real Estate, regeneration, rent, rental, rents, research, Residential, retirement, sales, Scotland, Shows, standard, tax, Taylor Scott International, tenancy, Tenants, Transactions, TSI, Uk, US, USE, Values, Wales | Tagged , , , , , , , , , , | Comments Off on Complaints against estate agents in UK up 32%