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Survey finds home buyers feel pressured to take out insurance with mortgage provider

Home buyers in the UK are paying over the odds on their home insurance by opting for products provided by their mortgage company, according to new research. Around 17% of mortgage holders could be paying £66 more than they need and with around 7.8 million mortgaged households in the UK this equates to overpayments of […] The post Survey finds home buyers feel pressured to take out insurance with mortgage provider appeared first on PropertyWire . Continue reading

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Pending home sales in the US up 1.5% month on month after falling in August

Pending home sales in the United States increased by 1.5% in September after a significant fall in the previous month and are now at their fifth highest level over the past year. The latest data from the National Association of Realtors shows that there were increases in the South and West which outgained declines in […] The post Pending home sales in the US up 1.5% month on month after falling in August appeared first on PropertyWire . Continue reading

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UK financial watchdog reveals mortgage lending glitch

More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading

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