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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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Homes in north of England take longest to sell but central London also slowing

Properties in the north of England take the longest to sell with Sunderland, Rochdale, South Shields and North Shields spending the largest number of days on the market, new research shows. But there is a slowdown in the time it takes to sell in part of London, particularly once popular central locations such as Knightsbridge, […] The post Homes in north of England take longest to sell but central London also slowing appeared first on PropertyWire . Continue reading

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Proposed lettings fees ban not putting landlords off using an agent

The majority of landlords in England and Wales who use a letting agent will continue to do so when letting fees are banned, according to new research. Overall 79% of landlords think their current letting agent will increase their fees as a result of the proposed ban on charging tenants fees for business letting services, […] The post Proposed lettings fees ban not putting landlords off using an agent appeared first on PropertyWire . Continue reading

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