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Birmingham’s property market could be facing an interesting period of change, with new research highlighting the enormous potential for additional housing to be built around railway stations and transport hubs.
The UK property market is entering another important period of change. The Government has confirmed plans to introduce independent regulation of property agents, with the intention of giving consumers greater protection and creating higher professional standards across the sector.
The UK mortgage market is moving once again, with a number of major lenders increasing their mortgage rates as wholesale funding costs and swap rates rise. For anyone planning to buy, sell, remortgage or invest in property, this is an important development to keep an eye on.
The UK property market continues to evolve, but for many aspiring homeowners, getting a mortgage can still feel like one of the biggest obstacles to moving forward. While traditional mortgage applications often focus on a regular salary and straightforward employment history, an increasing number of people now earn their income in different ways.