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Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →
Slow start to UK housing market expected in 2017 due to lack of supply
Sales activity in the UK residential property market is increasing but a slow start to 2017 is expected due to a lack of stock, according to the latest index report. Interest from new buyers increased marginally in November 2016 for the third consecutive month but the figure remains historically low with 13% more surveyors reporting […] The post Slow start to UK housing market expected in 2017 due to lack of supply appeared first on PropertyWire . Continue reading →
Buy to let valuations fall as landlords react to lettings fee ban in England
First time buyers, home movers and those looking to remortgage are active in the UK housing market but valuations in the buy to let sector have fallen, a new report reveals. The number of valuations carried out for the buy to let sector fell 6.1% month on month in October and are down by 18.5% […] The post Buy to let valuations fall as landlords react to lettings fee ban in England appeared first on PropertyWire . Continue reading →