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UK financial watchdog to see if current mortgage market can be improved for buyers

The UK’s financial watchdog has launched a market study to consider whether competition in the housing mortgage sector can be improved to benefit consumers. The Financial Conduct Authority (FCA) said it wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand […] The post UK financial watchdog to see if current mortgage market can be improved for buyers appeared first on PropertyWire . Continue reading

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New home lending falls in Australia as stamp duty costs rise

The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading

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Slow start to UK housing market expected in 2017 due to lack of supply

Sales activity in the UK residential property market is increasing but a slow start to 2017 is expected due to a lack of stock, according to the latest index report. Interest from new buyers increased marginally in November 2016 for the third consecutive month but the figure remains historically low with 13% more surveyors reporting […] The post Slow start to UK housing market expected in 2017 due to lack of supply appeared first on PropertyWire . Continue reading

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