affordability

Review of home ownership in UK shows severe decline in young buyers

The first major review into home ownership in the UK in over a decade reveals that the financial squeeze on young people is at the heart of the decline in the number of home owners and calls for a long term approach to housing issues. The independent Redfern Review reveals that home ownership is the […] The post Review of home ownership in UK shows severe decline in young buyers appeared first on PropertyWire . Continue reading

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New UK high speed rail link could see new housing estate demolished

The UK Government has set out its preferred route for the new high speed rail network from Birmingham to Manchester and Leeds but been criticised as it could mean the demolition of a new housing estate. Officials have confirmed that home owners will be compensated for property that needs to make way for HS2 which […] The post New UK high speed rail link could see new housing estate demolished appeared first on PropertyWire . Continue reading

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UK property prices remain resilient, latest index data shows

Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading

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