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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Rising interest rates could have a significant effect on US property market

Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading

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Number of households in England, rented and owned, not changed in a year

There has been no change in the number of people in England owning their own homes in the last three years and the private rented sector has stalled in the last 12 months, the latest official data shows. Of the estimated 22.8 million households in England some 14.3 million or 63% were owner occupiers in […] The post Number of households in England, rented and owned, not changed in a year appeared first on PropertyWire . Continue reading

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