Buying home

Cash is still king unless you’re a high-end London homebuyer

Cash is still king unless you’re a high-end London homebuyer

Record-low interest rates have helped boost an influx of buyer demand with many taking advantage to borrow more than they may have in different market conditions. As a result, the average price of mortgage funded property sales is now 10% higher than properties purchased by cash buyers in Great Britain.

This is according to the latest research by high-net-worth (HNW) mortgage broker...