affordability
Buy to let lending in UK still well below levels a year ago, latest data shows
Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading →
Number of new homes being built in England is rising but more are needed
There was an 11% increase in the housing supply in England in 2015/2016 and new delivery was up 5.7%, according to official figures but the industry warns that more are needed. The statistics from the Department of Communities and Local Government (DCLG) show that housing supply increased to 189,650 but this was still below the […] The post Number of new homes being built in England is rising but more are needed appeared first on PropertyWire . Continue reading →
Asking rental growth slowing in UK, especially London and South East
Rent growth in the UK is slowing, particularly in London and the South East, but up overall 3% in October year on year, the latest index shows. New tenancy rents were on average £902 per month, according to the HomeLet rental index which suggests that landlords appear to be balancing affordability with returns. It was […] The post Asking rental growth slowing in UK, especially London and South East appeared first on PropertyWire . Continue reading →