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Research reveals few home owners really understand mortgage rates
Just one in four home owners in the UK with a mortgage understand how cuts to the Bank of England’s base rate could affect their mortgage payments, according to new research. In August the Bank of England made the first adjustment to the rate in over seven years, cutting it from 0.5% to 0.25% and […] The post Research reveals few home owners really understand mortgage rates appeared first on PropertyWire . Continue reading →
Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees
Some 40% of residential landlords plan to increase rents if they are left to pick up the cost of the ban on letting agents charging fees in England, a new poll has found. Only a third of the respondents questioned said that they would definitely not raise their rents, meaning that potentially two thirds of […] The post Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees appeared first on PropertyWire . Continue reading →
Sales to first time buyers in UK reach highest level since 2000
Sales to first time buyers in the UK have increased strongly to their highest level since in 16 years, according to data from estate agents, suggesting the housing market is buoyant. Some 32% of total sales made in October were to first time buyers, up 9% from the previous month and the highest since the […] The post Sales to first time buyers in UK reach highest level since 2000 appeared first on PropertyWire . Continue reading →