house prices

Historic low rates encouraging more UK home owners to remortgage

Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading

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Property prices in Scotland rising steadily, latest index shows

The average price of property in Scotland increased by 4.3% year on year in August and by 1.3% month on month, the latest index data shows. This takes the average price of a home to £144,561, according to the data from the Registers of Scotland. This compares to a UK average of £218,964, which was […] The post Property prices in Scotland rising steadily, latest index shows appeared first on PropertyWire . Continue reading

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Hundreds of homes to be demolished for new third runway at Heathrow Airport

Hundreds of home owners will get compensation from the UK Government for 125% of the value of their properties after it was announced that a third runway will be built at Heathrow Airport in London. Parts of some villages will be demolished to make way for the runway which is set to open in 2025 […] The post Hundreds of homes to be demolished for new third runway at Heathrow Airport appeared first on PropertyWire . Continue reading

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