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Property prices in England and Wales up 0.6% in February, annual growth down

Property prices in England and Wales increased by 0.6% in February but the annual rate of growth fell to 2.4%, the lowest since 2013, although some parts of the country are seeing stronger growth. Indeed the highest price growth for a year was recorded in Merseyside and Birmingham with new peaks of 5% and 6.2% […] The post Property prices in England and Wales up 0.6% in February, annual growth down appeared first on PropertyWire . Continue reading

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Rent growth slows in the UK, led by falls in London

Overall rental growth has stalled in Britain with values 0.6% lower in February than they were a year ago with the fall is driven by London, the latest index shows. While it is the first annual fall for more than six years, the data from the Countrywide lettings index shows that apart from London and […] The post Rent growth slows in the UK, led by falls in London appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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