Asking Prices
Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →
Fewer people are home owners in the UK than other European nations
It is often said that the UK is a nation of home owners and more people own their home than in many other parts of Europe but new data suggests otherwise. While 65% of people are home owners in Britain, 73% are in Italy, 79% in Spain and 84% in Poland with France having the […] The post Fewer people are home owners in the UK than other European nations appeared first on PropertyWire . Continue reading →
House building land in UK affected by developers post Brexit sentiment
Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading →