Tag Archives: development

Equity release becoming more mainstream for home owners in UK

A record breaking year for equity release in the UK in 2016 saw lifetime mortgages become the fastest growing product in terms of customer numbers, according to the data. The volume of lifetime mortgage customers grew by 22% in 2016 with a total of 27,534 new plans agreed, the figures from the spring 2017 equity […] The post Equity release becoming more mainstream for home owners in UK appeared first on PropertyWire . Continue reading

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Home buyers in England and Wales pay 7.6 times earnings for a home

On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading

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A third of homes for sale in UK towns and cities don’t have a garden

Finding a home with a garden can be on most buyer’s wish list but less than a third of properties for sale in towns and cities in the UK have access to one and in London it can be even more difficult, new research suggests. Some 31.4% of properties on the market do not have […] The post A third of homes for sale in UK towns and cities don’t have a garden appeared first on PropertyWire . Continue reading

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