costs

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

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Hundreds of homes to be demolished for new third runway at Heathrow Airport

Hundreds of home owners will get compensation from the UK Government for 125% of the value of their properties after it was announced that a third runway will be built at Heathrow Airport in London. Parts of some villages will be demolished to make way for the runway which is set to open in 2025 […] The post Hundreds of homes to be demolished for new third runway at Heathrow Airport appeared first on PropertyWire . Continue reading

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Central belt of Scotland sees rental values soar

Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading

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