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Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows

Rents across England and Wales increased by 2.2% year on year in December, ending the year higher than they started in most areas, the latest buy to let index shows. They increased the most in the East of England and the South East but in London they ended 2016 just £10 per month higher than […] The post Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows appeared first on PropertyWire . Continue reading

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Home repossessions and arrears in UK fell in 2016, latest data shows

The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading

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Rents up across the UK apart from London, with rise of over 3% in some areas

Residential rents are continuing to grow across the UK with 20 areas seeing rises of more than 3% in the last year, according to the latest index report. Luton is the area with the fastest growing rents with a rise of 6.5%, followed by Northamptonshire up 5.1%, Peterborough up 4.8% and Edinburgh up 4.6%, the […] The post Rents up across the UK apart from London, with rise of over 3% in some areas appeared first on PropertyWire . Continue reading

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