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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Buying conditions better for second steppers in UK but they don’t think it is

While property market conditions have significantly improved in the UK over the past six years, buyers and sellers face fresh frustrations and lack of confidence in moving to the next step, new research has found. Second Steppers, mostly couples and young families moving on from their first time buyer home, think it will be harder […] The post Buying conditions better for second steppers in UK but they don’t think it is appeared first on PropertyWire . Continue reading

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