business
Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations
Home owners and would be first time buyers are unlikely to see mortgage rates rise in the short term, according to experts who say the Bank of England monetary policy committee report signals unlikely change due to Brexit negotiations. The committee’s report says that is expects the economy to slow down during the difficult Brexit […] The post Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations appeared first on PropertyWire . Continue reading →
Central London office market can flourish post Brexit, says new analysis
London is a global city, already operating beyond the European Union, and its commercial property market has the ability to flourish after Brexit, according to new research. Of £9.3 billion of overseas capital invested in central London offices some 80% came from outside Europe. China and Hong Kong were the largest source of foreign investment, […] The post Central London office market can flourish post Brexit, says new analysis appeared first on PropertyWire . Continue reading →
UK prices up again modestly in January but growth in 2017 could be hit by Brexit
Property prices in the UK increased by 0.2% in January and are now 4.3% above a year ago but the outlook is clouded by Brexit and economic uncertainties, according to the latest index report. The modest rise at the start of the year took the average price of a home to £205,240 and prices have […] The post UK prices up again modestly in January but growth in 2017 could be hit by Brexit appeared first on PropertyWire . Continue reading →