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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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Mayor of London gives go ahead for hundreds of homes denied planning by councils

The Mayor of London has stepped in and given the go-ahead to two developments of affordable homes in the city after planning permission was refused by councils. The developments in Wealdstone and Tottenham Hale will provide what the Mayor Sadiq Khan described as hundreds of genuinely affordable homes and he said it is part of […] The post Mayor of London gives go ahead for hundreds of homes denied planning by councils appeared first on PropertyWire . Continue reading

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Overseas investments boost office markets in UK regional cities

Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading

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