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Cheapest and most expensive home sales in England and Wales revealed

The latest data from the land registry shows that the cheapest home sold in England and Wales was just £14,000 and the most expensive over £16 million at the end of 2016. Overall the official data shows that some 31,955 sales took place in England and Wales in December 2016. Some 610 were properties in […] The post Cheapest and most expensive home sales in England and Wales revealed appeared first on PropertyWire . Continue reading

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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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Substantial increase in new home building needed to meet UK targets by 2020

The UK Government’s target of building a million new homes by 2020 will only be met if there is a substantial increase in construction, according to a new report. The need for housing in England has in recent years grown faster than its supply and despite a target of delivering a million new homes by […] The post Substantial increase in new home building needed to meet UK targets by 2020 appeared first on PropertyWire . Continue reading

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