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Survey finds home buyers feel pressured to take out insurance with mortgage provider

Home buyers in the UK are paying over the odds on their home insurance by opting for products provided by their mortgage company, according to new research. Around 17% of mortgage holders could be paying £66 more than they need and with around 7.8 million mortgaged households in the UK this equates to overpayments of […] The post Survey finds home buyers feel pressured to take out insurance with mortgage provider appeared first on PropertyWire . Continue reading

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UK financial watchdog reveals mortgage lending glitch

More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading

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British house builders optimistic about the future despite Brexit

House builders in Britain are optimistic despite market uncertainty and skills shortage but a third regard Brexit as a major challenge, new research has found. The sector’s confidence is reflected in average five year investment plans, increasing 17% year on year and average growth over five years of 28% predicted, up from 25% last year. […] The post British house builders optimistic about the future despite Brexit appeared first on PropertyWire . Continue reading

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