lenders

Over a Million of Britain’s Wealthiest Refused Credit Since 2011

More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading

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Mortgage borrowing fell in UK in October with buy to let sector still weak

Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading

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Most people helped onto housing ladder by UK govt schemes are first time buyers

The majority of those helped by the UK Government’s flagship Help to Buy schemes have been first time buyers, the latest statistics show. When they were first launched there were warnings that they would be used by people who didn’t really need help to buy a home and not the first time buyers they were […] The post Most people helped onto housing ladder by UK govt schemes are first time buyers appeared first on PropertyWire . Continue reading

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