Equity Release

Home building industry body opposes proposed planning fee rises in Scotland

The home building industry in Scotland is opposing proposals to increase the maximum fees for major planning applications of 570 or more houses to £125,000. A consultation is open until 04 April 2017 on the proposals which also would increase fees for planning permission in principal to £62,500 and is considering wider changes to the […] The post Home building industry body opposes proposed planning fee rises in Scotland appeared first on PropertyWire . Continue reading

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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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Price rises brings more US home owners out of negative equity but still a drag on the market

There are fewer home owners in the United States underwater on their mortgages, but more than half of those who remain underwater owe at least 20% more than their homes are worth. The depth of negative equity alone will ensure that negative equity will continue to be a drag on the housing market even after […] The post Price rises brings more US home owners out of negative equity but still a drag on the market appeared first on PropertyWire . Continue reading

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