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New property listings in key UK towns and cities almost doubled in January

Over 27% of UK towns and cities saw new property listings more than double in January compared to December, led by Lichfield, Edinburgh and Hastings, according to new research. Lichfield saw listings rise more than threefold with growth of 268%, while in Edinburgh and Hastings supply was up 173% and 169% respectively, the data from […] The post New property listings in key UK towns and cities almost doubled in January appeared first on PropertyWire . Continue reading

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Average home price in England and Wales now over £300,000

The average price of a home in England and Wales has gone above £300,000 with a strong start to 2017 seeing a new peak in values, according to the latest index to be published. Prices were up 0.3% in January to an average of £300,169, an annual rise of 3.1% but the market in London […] The post Average home price in England and Wales now over £300,000 appeared first on PropertyWire . Continue reading

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Low mortgage rates keeping affordability low for home borrowers in UK

Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading

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