Central London
Research finds shared ownership is still too expensive for many first time buyers
Shared ownership schemes in the UK designed to help first time buyers onto the housing ladder are still unaffordable and put the majority of properties out of reach, new research has found. A report from consumer organisation Which? reveals the true scale of how unaffordable shared ownership schemes are in some areas, particularly Greater London. […] The post Research finds shared ownership is still too expensive for many first time buyers appeared first on PropertyWire . Continue reading →
CML publishes more pessimistic outlook for home lending in UK in 2017
The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading →
Prime country property prices in UK fell marginally in final quarter of 2016
Prime country property values in the UK fell by 0.4% between October and December, the third consecutive quarter in which prices have fallen, the latest data shows. The property tax stamp duty continues to be the biggest drag on the top end of the prime country regional market with higher purchase costs contributing to the […] The post Prime country property prices in UK fell marginally in final quarter of 2016 appeared first on PropertyWire . Continue reading →