home lending
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →
Large number of UK landlords will stop using letting agents if costs increase
Almost half of landlords in the UK would ditch their letting agent if their profits began to fall, according to a new survey carried out a time when they are coping with considerable change in the sector. Overall some 47% say they would forego the services of their letting agent with landlords in Scotland, the […] The post Large number of UK landlords will stop using letting agents if costs increase appeared first on PropertyWire . Continue reading →
UK house prices continue upwards, but sales dipped considerably in the summer
Average house prices in the UK increased by 0.1% month on month in October with the market continuing to see strong growth seen since the end of 2013, the latest official figures show. The data from the Office of National Statistics (ONS) also show that prices are up 6.9% year on year, taking the average […] The post UK house prices continue upwards, but sales dipped considerably in the summer appeared first on PropertyWire . Continue reading →