bank of england
March dip in UK house prices seen as a blip and not a trend
House price growth in the UK slowed in March with the latest index figures showing that values fell by 0.3% and annual growth was down to 3.5% taking the average price to £207,308. The data from lender the Nationwide also shows that there has been some convergence in terms of regional price growth with the […] The post March dip in UK house prices seen as a blip and not a trend appeared first on PropertyWire . Continue reading →
Formal beginning of Brexit not likely to have huge impact on UK property market
The UK property market is not set to see any major upheaval with the formal start to the two years of negotiation to leave the European Union, and might even benefit from an expected slowing in the economy. Experts point out that the market did not see any huge effect from the decision to leave […] The post Formal beginning of Brexit not likely to have huge impact on UK property market appeared first on PropertyWire . Continue reading →
Total mortgage lending in UK still affected by weakness in buy to let
Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading →