borrowers

CML publishes more pessimistic outlook for home lending in UK in 2017

The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading

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Over a Million of Britain’s Wealthiest Refused Credit Since 2011

More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading

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Property price growth slowing in key UK cities

Property prices in key cities across the UK are continuing to rise in all but one location, according to the latest index, and growth of 4% is predicted for 2017. Aberdeen is the only city to see price growth still falling but others are seeing price growth slow, most notably Cambridge which has seen the […] The post Property price growth slowing in key UK cities appeared first on PropertyWire . Continue reading

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