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Equity release becoming more mainstream for home owners in UK

A record breaking year for equity release in the UK in 2016 saw lifetime mortgages become the fastest growing product in terms of customer numbers, according to the data. The volume of lifetime mortgage customers grew by 22% in 2016 with a total of 27,534 new plans agreed, the figures from the spring 2017 equity […] The post Equity release becoming more mainstream for home owners in UK appeared first on PropertyWire . Continue reading

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Latest data shows rise in mortgage enquiries in UK at end of 2016

There was a significant rise in the average number of mortgage enquiries received by intermediaries in the UK in the final quarter of 2016, according to the latest data to be published. The average number of enquiries increased by 26% to 58 per intermediary in the final quarter of last year, up from 46 in […] The post Latest data shows rise in mortgage enquiries in UK at end of 2016 appeared first on PropertyWire . Continue reading

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Most landlords in UK understand regulatory and tax changes

Two thirds of buy to let landlords in the UK understand that their ability to offset mortgage interest payments against tax is being scaled back by the government, new research has found. Almost one in five plan to raise rents to alleviate the effects and one in 10 say they are planning to exit the […] The post Most landlords in UK understand regulatory and tax changes appeared first on PropertyWire . Continue reading

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