Tag Archives: property

Low rates and more choice boosting remortgage market in the UK

Home owners in the UK are remortgaging more frequently with the majority consulting a broker to find them the best home lending deal, new research shows. January recorded the most frequent remortgaging since February 2009 with home owners doing so every four years, four months more frequently than they did in the same month in […] The post Low rates and more choice boosting remortgage market in the UK appeared first on PropertyWire . Continue reading

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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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The North of England and Scotland see best rise in rental yields in UK

Towns in the North of England and Scotland saw the biggest increase in rental yields at the end of 2016, achieving yields of up to 4.3% while in London they averaged just 3.2%. Properties in Manchester and Salford saw average rental yields of 6.7% and 6.6% while Cambridge provided the worst returns, with average rental […] The post The North of England and Scotland see best rise in rental yields in UK appeared first on PropertyWire . Continue reading

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