Lending

Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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Rental growth slowing in London more than in rest of UK

Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK appeared first on PropertyWire . Continue reading

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Single people in UK finding it impossible to buy a home

One in four young people in the UK feel it will be impossible to buy their own home without a partner as they need the joint income to be able to afford a property, new research has found. On average, 45% of young couples living together rent a home and 44% own a home jointly […] The post Single people in UK finding it impossible to buy a home appeared first on PropertyWire . Continue reading

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