bank
New mortgages in UK increased month on month but still below a year ago
The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading →
Home owners are more happy than those who rent, research suggests
People who own their own home are generally happier than those who rent but in the UK the divide is the more marked compared to the rest of Europe, new research has found. Fewer than half UK renters are happy with their situation compared with 80% of home owner while in the rest of Europe […] The post Home owners are more happy than those who rent, research suggests appeared first on PropertyWire . Continue reading →
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 →




