interest rates

Brexit means slower house price growth and sales in UK over coming years

Economic uncertainty is set to trigger two years of very low house price growth in the UK but an extension of the low interest rate environment will prevent a price correction, says new research. Mainstream house price growth is expected to remain flat over the next year to 18 months, growing just 2% by the […] The post Brexit means slower house price growth and sales in UK over coming years appeared first on PropertyWire . Continue reading →

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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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