Lending

Home lenders urged to take rental payments into account

Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading

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Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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UK Government seeks evidence on impact of super basement developments

As part of a review of so called super basements in London, the UK Government is seeking evidence on how these developments impact on neighbouring properties. It is asking for details on the number of basement developments, how they are treated by the planning system and how any adverse impact can be dealt with through […] The post UK Government seeks evidence on impact of super basement developments appeared first on PropertyWire . Continue reading

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