Tag Archives: financial

UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016

One of the UK Government’s flagship schemes aimed at helping first time buyers onto the housing ladder will close at the end of 2016, it has been confirmed. The Help to Buy mortgage guarantee will close for new loans at the end of December with the move receiving some criticism despite the fact that it […] The post UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016 appeared first on PropertyWire . Continue reading

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