first time buyer

UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading

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Pending home sales in the US up 1.5% month on month after falling in August

Pending home sales in the United States increased by 1.5% in September after a significant fall in the previous month and are now at their fifth highest level over the past year. The latest data from the National Association of Realtors shows that there were increases in the South and West which outgained declines in […] The post Pending home sales in the US up 1.5% month on month after falling in August appeared first on PropertyWire . Continue reading

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Residential rents up 2.3% year on year in UK

Private rental sector prices paid by tenants in Britain increased by 2.3% in the 12 months to September 2016, unchanged compared with the year to August 2016, the latest official data shows. There is some regional variation with the data from the Office of National Statistics (ONS) showing rents up by 2.5% in England and […] The post Residential rents up 2.3% year on year in UK appeared first on PropertyWire . Continue reading

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