Equity release product numbers hit record high
Equity release product numbers hit record high
The number of equity release products has hit a record high of 1,557 in the past year, according to data from Key Partnerships. The number of plans equates to almost treble the 547 on offer at the end of the first quarter of last year. The data from the referral arm of equity release adviser ...
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The number of equity release products has hit a record high of 1,557 in the past year, according to data from Key Partnerships. The number of plans equates to almost treble the 547 on offer at the end of the first quarter of last year. The data from the referral arm of equity release adviser ...
This story continues at Equity release product numbers hit record high
Or just read more coverage at Mortgage Finance Gazette
The number of equity release products has hit a record high of 1,557 in the past year, according to data from Key Partnerships. The number of plans equates to almost treble the 547 on offer at the end of the first quarter of last year. The data from the referral arm of equity release adviser ...
This story continues at Equity release product numbers hit record high
Or just read more coverage at Mortgage Finance Gazette
Older homeowners released an average of £111,500 in property wealth in the first three months of the year, according to data from the Key Later Life Finance. The data showed that plan sales surged by 21.4% in Q1 2022 to 12,551 compared with last year while the value of new equity released soared by 30.5% ...
This story continues at Value of equity release hit new record in Q1 rising 30.5%: Key Later Life
Or just read more coverage at Mortgage Finance Gazette
Older homeowners released an average of £111,500 in property wealth in the first three months of the year, according to data from the Key Later Life Finance. The data showed that plan sales surged by 21.4% in Q1 2022 to 12,551 compared with last year while the value of new equity released soared by 30.5% ...
This story continues at Value of equity release hit new record in Q1 rising 30.5%: Key Later Life
Or just read more coverage at Mortgage Finance Gazette
The jump between February and March was the biggest in 10 years, according to IHS Markit.
The post Construction Costs Hit Record High: Report appeared first on Commercial Property Executive.
The jump between February and March was the biggest in 10 years, according to IHS Markit.
The post Construction Costs Hit Record High: Report appeared first on Commercial Property Executive.
Total mortgage borrowing and lending is expected to increase 13 percent, according to MBA’s latest forecast.
The post Lending to Hit Record $1 Trillion in 2022 appeared first on Commercial Property Executive.
Total mortgage borrowing and lending is expected to increase 13 percent, according to MBA’s latest forecast.
The post Lending to Hit Record $1 Trillion in 2022 appeared first on Commercial Property Executive.
Hudson Contract reported average weekly earnings increased by 4.3% to £979 per week during October. The pay growth offsets the decline seen in September when earnings fell by 3.4% to £939 per week. The best-performing subcontractors last month were in demolition and wrecking (up 13.5% to £949), scaffolding and lifting (up 11.8% to £845) and civil engineering (up 7.4% to £934). Ian Anfield, managing director of Hudson Contract, said: “The figures show the flexibility of the subcontracto...
Hudson Contract reported average weekly earnings increased by 4.3% to £979 per week during October. The pay growth offsets the decline seen in September when earnings fell by 3.4% to £939 per week. The best-performing subcontractors last month were in demolition and wrecking (up 13.5% to £949), scaffolding and lifting (up 11.8% to £845) and civil engineering (up 7.4% to £934). Ian Anfield, managing director of Hudson Contract, said: “The figures show the flexibility of the subcontracto...
According to Britain’s biggest payer of subcontractors Hudson Contract rates on building sites rose by 2% to £972 during August, driven by high levels of activity in the construction industry and a shortage of skilled people. Last month’s earnings were 4.6% higher than the same period in 2021, with plasterers leading the way with a rate rise of over 10% in August. Earnings were up across all regions in England and Wales, except for the West Midlands, and reached record highs in the Eas...
According to Britain’s biggest payer of subcontractors Hudson Contract rates on building sites rose by 2% to £972 during August, driven by high levels of activity in the construction industry and a shortage of skilled people. Last month’s earnings were 4.6% higher than the same period in 2021, with plasterers leading the way with a rate rise of over 10% in August. Earnings were up across all regions in England and Wales, except for the West Midlands, and reached record highs in the Eas...
The financial data group says these loans are at their highest rate since August 2016 (when they were 5.76%), and when there were 88 options o the market.
It adds that this is the first time lifetime mortgage rates have topped 5.00% since April 2019, when they hit 5.09% in a market containing 187 options.
In July, average lifetime mortgage rates hit 5.63%, with 631 deals in the market, says Moneyfacts.
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The financial data group says these loans are at their highest rate since August 2016 (when they were 5.76%), and when there were 88 options o the market.
It adds that this is the first time lifetime mortgage rates have topped 5.00% since April 2019, when they hit 5.09% in a market containing 187 options.
In July, average lifetime mortgage rates hit 5.63%, with 631 deals in the market, says Moneyfacts.
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Irvine CA – Leading global property information, analytics, and data solutions company CoreLogic recently released its latest rent prices report. Annual Rent Prices Hit Record Growth in March 2022 CoreLogic’s…
Irvine CA – Leading global property information, analytics, and data solutions company CoreLogic recently released its latest rent prices report. Annual Rent Prices Hit Record Growth in March 2022 CoreLogic’s…
The later life lender says its new procuration fee is only available on LiveMore’s 20-year fixed-rate and fixed-for-life mortgages and is worth 1.10% gross upfront, paid upon completion.
The firm adds that the payment “is on the proviso that the intermediary carries out an annual care call to check if their customer has any new circumstances or vulnerability”.
It adds that the annual care call should be carried out for either the lifetime of the loan or ...
The later life lender says its new procuration fee is only available on LiveMore’s 20-year fixed-rate and fixed-for-life mortgages and is worth 1.10% gross upfront, paid upon completion.
The firm adds that the payment “is on the proviso that the intermediary carries out an annual care call to check if their customer has any new circumstances or vulnerability”.
It adds that the annual care call should be carried out for either the lifetime of the loan or ...
Best Ways to Use Your Record-High Home Equity Blog posted On September 22, 2022
Homeowners are gaining record amounts of wealth. According to a recent report by CoreLogic, Home equity has soared nearly 28% over the past year alone. That’s an average gain of $60,200 per homeowner. Now, the average homeowner now has $300,000 in home equity – an all-time high. What does this mean? How can you take advantage of the equity in your home? Home equity is how much of the ...
Best Ways to Use Your Record-High Home Equity Blog posted On September 22, 2022
Homeowners are gaining record amounts of wealth. According to a recent report by CoreLogic, Home equity has soared nearly 28% over the past year alone. That’s an average gain of $60,200 per homeowner. Now, the average homeowner now has $300,000 in home equity – an all-time high. What does this mean? How can you take advantage of the equity in your home? Home equity is how much of the ...