10 Per Cent of Mortgages Taken Off UK Market

Two leading commentators give their perspective on a recent analysis showing a fall in the number of residential mortgage products available in the United Kingdom. Nearly 10 per cent of mortgages have been taken off the UK market due to concerns about increasing interest rates, according to data from Moneyfacts. The figures indicate that approximately…


Commentary on UK First Time Buyers

Iwona Hovenko, Real Estate Analyst at Bloomberg Intelligence, comments on recent findings from a Zoopla report that first-time buyers escaping rising UK rents are favouring smaller properties as they adjust to higher mortgage rates. Lenders’ tougher affordability checks amid falling disposable incomes and high mortgage rates – combined with the still-elevated house prices (despite recent…


Why Mortgage Rate Hikes are Driving U.S. Rental Housing Resiliency

Ana Lai, Real Estate Senior Director at S&P Global Ratings, comments on the impact of 12 months of mortgage rate increases on rental housing affordability following a low interest ‘home-buying boom’ in the residential REIT and social housing markets. Mortgage costs have nearly doubled, forcing more consumers to rent or to continue renting for longer. S&P…


deVere CEO Brands BoE Plans to Axe Mortgage Affordability Requirements as ‘Utter Madness’

Bank of England plans to scrap mortgage affordability rules have been described as “utter madness” by Nigel Green, the CEO of deVere Group, who says the move underscores how the central bank is “failing Britain.” The damning analysis from the head of deVere Group, one of the world’s largest independent advisors of specialist global financial…

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