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Prices in Australian capital cities set new record highs in October

Property prices in key cities in Australia reached new record highs in October, up 7.5% year on year to an average of $585,000, according to the latest index figures. However the pace of annual growth has slowed with the data from CoreLogic also showing month on month growth of 0.5% and quarterly growth of 2.7% […] The post Prices in Australian capital cities set new record highs in October appeared first on PropertyWire . Continue reading

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UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading

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Survey finds home buyers feel pressured to take out insurance with mortgage provider

Home buyers in the UK are paying over the odds on their home insurance by opting for products provided by their mortgage company, according to new research. Around 17% of mortgage holders could be paying £66 more than they need and with around 7.8 million mortgaged households in the UK this equates to overpayments of […] The post Survey finds home buyers feel pressured to take out insurance with mortgage provider appeared first on PropertyWire . Continue reading

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