rules

UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows 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

Posted on by tsiadmin | Posted in ads, advice, age, agent, agents, applications, arrears, ASA, bank, Brexit, build, Builders, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, changes, commercial, Company News, compensation, confidence, data, Demand, England, Equity, Equity Release, Europe, Fees, finance, Finance Update, fixed rate, flat, future, glitch, global, Global News, growth, home, home hunts, home owners, homes, Housing, housing market, Index, interest rate, international, invest, Investment, investments, Isa, land, Leeds Building Society, lender, lenders, Lending, Location, London, luxury property, market, markets, monthly, mortgage, mortgage payments, mortgages, new, new home, New Homes, News, North America, office, ONS, Outlook, owners, pending, policy, prime, prime central London, products, Property, property market, purchase, Real Estate, record, recovery, rent, retail, rules, sales, search, Shows, sites, Spain, standard, Taylor Scott International, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value | Tagged , , , , , , , , , | Comments Off on UK financial watchdog reveals mortgage lending glitch

New database will help regulate rent prices in Dubai

A new star rating system for determining rental rates for properties in Dubai is expected to be ready by the end of 2017, it has been confirmed. The Dubai Land Department (DLD) said that the rating system will apply to all residential and commercial buildings completed before 2010. It also announced that it is almost […] The post New database will help regulate rent prices in Dubai appeared first on PropertyWire . Continue reading

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