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This year set to see little growth in home lending in UK, says CML

Last year could have been a potentially destabilising year of regulatory and political change for the UK mortgage market but it was resilient and adaptable and looking ahead challenges will continue in 2017. Indeed, the Council of Mortgage Lenders (CML) does not expect much growth in 2017 even although home owner house purchase lending increased […] The post This year set to see little growth in home lending in UK, says CML appeared first on PropertyWire . Continue reading

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Average home price in England and Wales now over £300,000

The average price of a home in England and Wales has gone above £300,000 with a strong start to 2017 seeing a new peak in values, according to the latest index to be published. Prices were up 0.3% in January to an average of £300,169, an annual rise of 3.1% but the market in London […] The post Average home price in England and Wales now over £300,000 appeared first on PropertyWire . Continue reading

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New rents in UK up 2.6% in January, but falling in London

New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading

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