Lending

Home lending declined in UK in July but too early to blame Brexit

Home owners in the UK borrowed £10.6 billion for house purchases in July, down 13% month on month and 12% year on year, the latest data from lenders shows. They took out 58,100 loans, down 14% on June and 13% on July 2015, according to the data from the Council of Mortgage Lenders which is […] The post Home lending declined in UK in July but too early to blame Brexit appeared first on PropertyWire . Continue reading →

Posted on September 14, 2016 by tsiadmin | Posted in affordable, beyrs, Brexit, building, buy, Buy to Let, Buyers, Deposit, Developers, Europe, first time buyer, first time buyers, global, Global News, government, home owners, homes, Index, Investment, investments, land, Landlords, Lending, London, market, mortgage, mortgages, move, new, New Homes, News, North America, ONS, Planning, policy, prices, Property, purchase, recovery, Remortgage, rent, research, Scotland, Shows, tax, Taylor Scott International, tenancies, Tenants, TSI, Uk, US, USE | Tagged , , , , , , , , | Comments Off on Home lending declined in UK in July but too early to blame Brexit

Average UK house prices up 8.3% year on year, official index data shows

Average house prices in the UK increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and […] The post Average UK house prices up 8.3% year on year, official index data shows appeared first on PropertyWire . Continue reading →

Posted on September 13, 2016 by tsiadmin | Posted in affordable, Asia, Australasia, Australia, Brexit, building, buy, Buy to Let, Buyers, Dubai, Europe, first time buyer, growth, home owners, homes, houses, Housing, Index, Investment, investments, land, Lending, London, market, Middle East, mortgage, new, New Homes, News, ONS, Planning, policy, prices, Property, purchase, Real Estate, rent, renting, rents, Residential, sentiment, Shows, Supply, Taylor Scott International, Tenants, TSI, Uk, US, USE | Tagged , , , , , , , , | Comments Off on Average UK house prices up 8.3% year on year, official index data shows

First time buyers facing higher prices also have less mortgage choice, says new report

The average cost of a first time buyer home in the UK reached £161,912 in June which means that the need for high loan to value lending is increasing, according to a new report. However, the number of high loan to value (LTV) mortgage products has fallen for the two consecutive months since the UK […] The post First time buyers facing higher prices also have less mortgage choice, says new report appeared first on PropertyWire . Continue reading →

Posted on September 12, 2016 by tsiadmin | Posted in affordable, Asia, Brexit, building, buy, Buy to Let, Buyers, Cities, Deposit, Development, Dubai, Europe, first time buyer, home owners, homes, Housing, Index, Investment, investments, land, Lending, loan to value, London, market, Middle East, mortgage, new, News, Outlook, Paris, Planning, prices, Property, Real Estate, rent, rents, research, Residential, sentiment, Shows, Spain, tax, Taylor Scott International, Tenants, TSI, Uk, US, USE | Tagged , , , , , , , , , , , | Comments Off on First time buyers facing higher prices also have less mortgage choice, says new report