affordability
Property prices up 0.4% at start of year in England and Wales, similar to a year ago
Residential property prices in England and Wales increased by 0.4% at the start of the year, not much change from the 0.5% recorded a year ago, the latest index data shows. The £1,086 monthly rise took the average price of a property to over £300,000 and asking prices are now up 3.2% year on year, […] The post Property prices up 0.4% at start of year in England and Wales, similar to a year ago appeared first on PropertyWire . Continue reading →
Last year saw more first time buyers in UK but they are older and pay more
The number of first time buyers in the UK is estimated to have reached 335,750 in 2016, up 7.3% and the third year in a row of growth, according to a new report. It means that those getting on the housing ladder for the first time have reached their highest level since the start of […] The post Last year saw more first time buyers in UK but they are older and pay more appeared first on PropertyWire . Continue reading →
Manchester aims to build 2,000 new affordable homes a year
With cities in the UK facing a lack of affordable homes one of the biggest in the country has announced plans to build 2,000 new homes every year. Manchester City Council says it was to accelerate the delivery of affordable homes and has drawn up a housing affordability framework which aims to ensure a strong […] The post Manchester aims to build 2,000 new affordable homes a year appeared first on PropertyWire . Continue reading →