Lending
Number of remortgages in UK up 8% monthly and 45% year on year
Home owners in the UK are remortgaging more frequently than a year ago with new date revealing the highest number of remortgage transactions in August since July 2009. Rising house prices and record low interest rates helped the number of remortgage loans to reach 36,195, up 8% month on month and 45% year on year, […] The post Number of remortgages in UK up 8% monthly and 45% year on year appeared first on PropertyWire . Continue reading →
Housing approvals strong in Australian cities despite over supply concerns
Despite repeated warnings around apartment oversupply and settlement risk, the number of dwellings being approved for construction across the capital cities remains unquestionably strong. The number of new homes being built in capital cities in Australia remains high despite warning about an oversupply of apartments, new data shows. In July 2016 there were 17,380 capital […] The post Housing approvals strong in Australian cities despite over supply concerns appeared first on PropertyWire . Continue reading →
Demand for home equity release in UK reaches highest level for a decade
Consumer demand for releasing housing wealth and innovation has helped drive equity release in the UK to its highest level for over a decade, the latest figures show. The sector recorded annual growth of £198 million in equity release lending between the first halves of 2015 and 2016, according to the autumn 2016 Equity Release […] The post Demand for home equity release in UK reaches highest level for a decade appeared first on PropertyWire . Continue reading →
