Property Sector Talking Points by InTouch
I attended the 2019 LegalEx conference at the London ExCeL centre and spent time meeting and greeting delegates from across the industry talking about current topics and agendas. I came across a number of issues and subjects that are prominent in the Housing market today, here is a summary of the interesting things I came […]
Air Pollution: Young Lungs At Risk – Call To Ban Idling Cars Outside Schools
Cars should be banned from idling near schools and congestion charges imposed across the UK as part of measures recommended by Public Health England (PHE) to stop the 36,000 people dying each year from human-made air pollution. In a 263-page review of the options for improving air quality, PHE also pointed to emerging evidence of air pollution causing dementia, […]
Report Claims More Funding Needed For Affordable Housing
In order to reach the target of 300,000 new homes by 2025, the construction sector output will need to grow by 26% over the next seven years or 3.4% per annum according to a new housing report. According to the joint report by the National Housing Foundation and Savills, there is an expectation that private […]
Bank Of Mum And Dad Raid Home Equity To Fund Younger Relatives
Record numbers of UK home owners used equity release products to help younger relatives buy property in 2018. According to the 2018 Equity Release report, published by retirement finance specialists Key, 27% of equity release users unlocked the equity in their homes with the express purposes of gifting it to their children so they are […]
FTBs Increasingly Reliant On 40-Year Mortgages To Afford Property
Despite the recent market slowdown bringing wages more in line with property prices, there is increasing demand for the mortgage market to offer more 40-year mortgage terms. According to data from Santander Mortgages, around half of first-time buyers would consider a 40-year loan in order to reduce monthly repayments and make housing affordability stretch a […]
Increase In 95% LTV Mortgage Products Helping Buyers
The number of lenders offering mortgages to low deposit buyers has increased significantly in the last decade. According to figures obtained from Moneyfacts.co.uk, since 2009 the number of providers offering mortgages to savers with a 5% deposit has increased from just 3 to 60 lenders offering between two and five-year fixed rate 95% Loan to […]
