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UK Government backs help for leasehold property owners

The UK Government has committed substantial investment to ensure a greater transparency in residential property leasehold tenure and make it less biased and onerous. It is offering funding to LEASE, a service that provides free support and advice to leaseholders and industry professionals at a time when leasehold tenures are set to become more common. […] The post UK Government backs help for leasehold property owners appeared first on PropertyWire . Continue reading

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Basement extensions becoming more popular in the UK

The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK appeared first on PropertyWire . Continue reading

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Low mortgage rates keeping affordability low for home borrowers in UK

Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading

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