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Property prices in UK dipped at start of 2017, latest index shows

Property prices in the UK fell by 0.9% in January and the annual rate of growth slowed from 6.5% in December to 5.7% in the first month of 2017, the latest index shows. But prices were 2.4% higher in the last three months from November to January than in the preceding three months, the data […] The post Property prices in UK dipped at start of 2017, latest index shows appeared first on PropertyWire . Continue reading

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Last year saw second highest number of new homes in UK in almost a decade

More than 150,000 new homes were registered by warranty and insurance provider for new builds, the NHBC, in 2016, the second highest in almost a decade. The figures show that a total of 151,687 new homes were registered but this was a slight fall of 2% compared to 2015 when 155,504 new homes were registered. […] The post Last year saw second highest number of new homes in UK in almost a decade appeared first on PropertyWire . Continue reading

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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

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