Lending

Mortgage arrear rate in UK at 20 year low

The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading

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UK buy to let rental listings rebounded in October after quiet summer period

The rental market in the UK rebounded in October with an 11.4% increase in new buy to let properties being advertised compared to the previous month, according to the latest data. New rental listings increases in two thirds of town and cities led by Swansea where there was a 210.9% rise compared to September while […] The post UK buy to let rental listings rebounded in October after quiet summer period appeared first on PropertyWire . Continue reading

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Low mortgage and interest rates in UK benefitting remortgagers

Remortgaging property owners in the UK are taking full advantage of record low interest rates and the cut to the Bank Rate according to the latest research from surveyors. In October the number of remortgage valuations was 16.8% higher than it was in October 2015 as home owners locked into attractive deals, says the report […] The post Low mortgage and interest rates in UK benefitting remortgagers appeared first on PropertyWire . Continue reading

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