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Tenants in UK private sector worse off financially than people with a mortgage

People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading

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Up to 10 new homes in every UK village would solve rural housing crisis

Building up to 10 new homes in every village in the UK over the next five years would help solve the current housing crisis and provide much needed properties for rural communities, a new report suggests. There is often a lot of argument about building new homes in rural areas but the communities themselves point […] The post Up to 10 new homes in every UK village would solve rural housing crisis appeared first on PropertyWire . Continue reading

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Sydney and Melbourne lead property price growth in Australia, official figures show

Residential property prices in Australia increased by 4.1% in the final quarter of 2016, the strongest quarterly growth recorded since June 2015, according to latest official figures to be published. Melbourne recorded the largest increased through the year of all capital cities with a rise of 10.8% followed closely by Sydney with a rise of […] The post Sydney and Melbourne lead property price growth in Australia, official figures show appeared first on PropertyWire . Continue reading

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