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New UK high speed rail link could see new housing estate demolished

The UK Government has set out its preferred route for the new high speed rail network from Birmingham to Manchester and Leeds but been criticised as it could mean the demolition of a new housing estate. Officials have confirmed that home owners will be compensated for property that needs to make way for HS2 which […] The post New UK high speed rail link could see new housing estate demolished appeared first on PropertyWire . Continue reading

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UK property prices remain resilient, latest index data shows

Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading

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Buy to let lending in UK still well below levels a year ago, latest data shows

Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading

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