mortgage
Asking prices falling in UK, particularly London and South East
Most recent data has been upbeat about the British property market but the latest index report suggests that asking prices are falling, particularly in London and the South East, and that the trend is likely to continue. Asking prices in the UK fell by 0.2% month on month but are still 4.6% higher than September […] The post Asking prices falling in UK, particularly London and South East appeared first on PropertyWire . Continue reading
Average residential rents reach all-time high in England and Wales
Average rents in England and Wales reached an all-time high of £846 in July 2016 and are now up 5.2% year on year, according to the latest index. Annual growth was led by the South East with a rise of 14.9 % over the year and according to the Your Move buy to let index […] The post Average residential rents reach all-time high in England and Wales appeared first on PropertyWire . Continue reading
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
