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Tighter lending and high prices slows Auckland property market
A combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow activity in Auckland housing market, the latest overview report suggests. In September new listings were down and sales numbers and prices were restrained and so far the normal spring lift has not materialised, says the report from […] The post Tighter lending and high prices slows Auckland property market appeared first on PropertyWire . Continue reading →
New buy to let powers granted to Bank of England committee from early 2017
he Bank of England’s Financial Policy Committee (FPC) will be granted new powers by the Government to help it protect the financial system from future risks in the buy to let mortgage market. The FPC is responsible for identifying, monitoring and taking action to remove or reduce systemic risks in the financial system and these […] The post New buy to let powers granted to Bank of England committee from early 2017 appeared first on PropertyWire . Continue reading →
Review of home ownership in UK shows severe decline in young buyers
The first major review into home ownership in the UK in over a decade reveals that the financial squeeze on young people is at the heart of the decline in the number of home owners and calls for a long term approach to housing issues. The independent Redfern Review reveals that home ownership is the […] The post Review of home ownership in UK shows severe decline in young buyers appeared first on PropertyWire . Continue reading →




