Buy-to-let considerations
Posted by: Titlesolv
In an attempt to help first time buyers and boost home ownership, numerous policy changes since 2015 have made it clear that the government is targeting the buy-to-let market and the purchase of second homes.
A valuable lesson
Posted by: Titlesolv
Recent data from the Bank of England's Credit Conditions Review on Q4 of 2016 noted a return to "greater credit availability for borrowers with LTV ratios above 75%."
Searching for a release
Posted by: Titlesolv
The UK's ageing population is increasingly turning to equity release mortgages to help ease its financial pressures.
House prices defy expectation
Posted by: Titlesolv
After the initial shock of the Brexit result in June, there is a growing consensus amongst surveyors and estate agents that the housing market is recovering. The Royal Institute of Chartered Accountants (RICS) reported that 12% more of its members had noted house prices rising rather than falling in August, up from 5% in July.
Remortgages rise post-Brexit
Posted by: Titlesolv
Figures published by the Bank of England in the summer confirmed the predicted slowdown in the property market and subsequent fall in mortgage applications following the Brexit vote. This was in addition to the stamp duty increase on buy-to-let properties in the last Budget. In contrast however, the popularity of remortgages grew; increasing by 6% from June to July this year.
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