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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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Property prices growth edged up a beginning of the year in Scotland

Property prices in Scotland edged up 0.1% in January and 1.5% annually with growth driven by first time buyers and higher values homes, the latest index shows. This took the average price of a home to £171,407 and means that in the 12 months to January 2017 prices have risen by £2,600 with the vote […] The post Property prices growth edged up a beginning of the year in Scotland 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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