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Scotland sees further deterioration in housing affordability

There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading

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Report brands new homes in England as unaffordable and of poor quality

The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims. Some 83% of families who rent cannot afford to buy a typical new build home across the country even if they used the Government Help […] The post Report brands new homes in England as unaffordable and of poor quality appeared first on PropertyWire . Continue reading

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UK property prices keep edging upwards, latest index shows

Property prices in the UK continued to push upwards in February with a rise of 0.6% month on month taking the average price to £205,846. The index date from lender the Nationwide also shows that year on year house price growth has increased by 4.5% and more households in England own their property outright than […] The post UK property prices keep edging upwards, latest index shows appeared first on PropertyWire . Continue reading

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