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Remortgages increased share of home lending market in UK last year

There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading

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More choice added to mortgage deals for UK home borrowers

People in the UK looking for a new mortgage now have even more choice with a number of lenders launching new rates and products. The TSB has reduced interest rates by 0.10% on selected mortgages for home movers, first time buyers and remortgage borrowers. These include five year fixed rates and two year fixed rates […] The post More choice added to mortgage deals for UK home borrowers appeared first on PropertyWire . Continue reading

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UK property prices keep edging upwards, latest index shows

Property prices in the UK continued to push upwards in February with a rise of 0.6% month on month taking the average price to £205,846. The index date from lender the Nationwide also shows that year on year house price growth has increased by 4.5% and more households in England own their property outright than […] The post UK property prices keep edging upwards, latest index shows appeared first on PropertyWire . Continue reading

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