Bristol
Fewer first time buyers in London taking out mortgages compared to a year ago
Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading →
Average rents down across much of UK month on month in October
Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading →
Land for home building in UK prices stagnant or falling
Residential land values in the UK have stagnated or fallen over the last three months with a low level of sales taking place, according to the latest development land index. Overall green field development land prices fell by 0.4% in the third quarter of 2016 while urban development land values have increased by just 0.1%, […] The post Land for home building in UK prices stagnant or falling appeared first on PropertyWire . Continue reading →