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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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Tax office figures show substantial falls in UK property sales

Sales of property in the UK have fallen considerably year on year, down 11.3% in September, and fell by 4.3% month on month, official data shows. The data from HMRC, the tax office, shows that there were 93,130 residential property transactions during the month of September and separate figures from HMRC show the amount of […] The post Tax office figures show substantial falls in UK property sales appeared first on PropertyWire . Continue reading

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