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UK house prices ended 2016 with strong growth, latest index shows

House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading

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Number of first time buyers in UK rises as buy to let purchases fall

The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading

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Home lending industry ready to work with new UK housing policies

The lending industry in the UK is ready to work with the Government’s ambitious plans to build more homes more quickly as outlined in the first housing policy paper for years. The Council of Mortgage Lenders (CML) which represents over 90% of lenders, welcomed the publication of the Housing White Paper and said members will […] The post Home lending industry ready to work with new UK housing policies appeared first on PropertyWire . Continue reading

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