Lending
Home lending industry ready to work with new UK housing policies
The lending industry in the UK is ready to work with the Government’s ambitious plans to build more homes more quickly as outlined in the first housing policy paper for years. The Council of Mortgage Lenders (CML) which represents over 90% of lenders, welcomed the publication of the Housing White Paper and said members will […] The post Home lending industry ready to work with new UK housing policies appeared first on PropertyWire . Continue reading →
Prices recover in first month of the year in Auckland
For the first time in 14 years average and median home prices in Auckland, New Zealand, did not fall at the beginning of a year. The latest data shows that prices paid in January were marginally higher than those paid in December 2016 and did not experience the usual New Year seasonal dip. However the […] The post Prices recover in first month of the year in Auckland appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →