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Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading

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UK property growth was flat in October, latest index data shows

The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading

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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

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