Over 1 million landlords and homeowners with interest only mortgages could face financial difficulties when reach the end of their tenure and they have to pay them off, according to the Financial Conduct Authority (FCA).
The FCA estimates that around half of the 2.6 million or so UK property owners with interest only mortgages, which represents about [...]
The Help To Buy mortgage indemnity scheme proposed by Chancellor of the Exchequer, George Osborne, in the budget announcement made last week is expected to raise both property transaction levels and property prices.
The Help To Buy mortgage indemnity scheme which kicks in next January is designed to generate £3.5 Billion (GBP) of new lending, [...]
UK property investors have known that the day would come when the rest of the country’s population would cotton on to the fact that there is money to be made from property.
With newspapers and television media reporting that UK property values are experiencing the strongest annual growth for nearly two years, there is little [...]
Despite campaigns from all quarters of the media and industry bodies, the number of empty homes in the UK increased significantly in 2011, new research has shown.
Data from the Communities and Local Government department, (CLG),the Office for National Statistics, (ONS), and Halifax’s own housing statistics database, the study revealed a 1.8% rise in empty [...]
The major NEW event of the 2012 property exhibition season will be the launch of Property Business Show at ExCeL London on 19th & 20th April 2012.
The UK residential property world is changing by the day – and never have those involved in the industry been faced with such an array of new product, [...]
Economists are claiming that UK property prices are expected to fall further in 2102 as UK banks keep a tight rein on mortgage lending amid the Con-Dem Government’s austerity measures.
Some financial experts predict that property values will plunge by a total of between 5 to 10 % for 2011 following a period of declining [...]