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Lenders launch a range of new mortgage products to kick start the year

What will happen to mortgage rates in 2017 is still a guessing game with opinion divided over whether or not the Bank of England will raise interest rates but the year has started with a number of offers and new products. Yorkshire Building Society has launched a two year discounted standard variable rate mortgage at […] The post Lenders launch a range of new mortgage products to kick start the year appeared first on PropertyWire . Continue reading →

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Last year saw more first time buyers in UK but they are older and pay more

The number of first time buyers in the UK is estimated to have reached 335,750 in 2016, up 7.3% and the third year in a row of growth, according to a new report. It means that those getting on the housing ladder for the first time have reached their highest level since the start of […] The post Last year saw more first time buyers in UK but they are older and pay more appeared first on PropertyWire . Continue reading →

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Rate of residential rental growth halves in Great Britain in 2016

Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →

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