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Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →
London will no longer be the driving force of UK property prices in 2017
House prices in the UK are likely to see a steady rise of 5% in 2017 but London will no longer be the driving force behind property growth, according to a new analysis report. Indeed, the prime central London property market is expected to be static during the year and could even see prices fall […] The post London will no longer be the driving force of UK property prices in 2017 appeared first on PropertyWire . Continue reading →
Fall in supply helps to slow annual decline in prime central London rents
The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading →