affordability
Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →
Property prices up in all but one capital city in Australia in January
Residential property prices in Australian capital cities increased by 0.7% in January with growth led by Hobart, Sydney and Melbourne, the latest index shows. The January rise was lower than the 1.4% recorded in December, but higher than the readings for October and November last year, when capital city dwelling values rose by 0.5% and […] The post Property prices up in all but one capital city in Australia in January appeared first on PropertyWire . Continue reading →