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UK home lending biggest for month of September since 2007

The home lending market in the UK has not been affected by Brexit with the latest figures showing that gross mortgages reached £20.5 billion in September. This was the highest September lending figure recorded by the Council of Mortgage Lenders since 2007 and was 2% higher than September 2015 but it was 7% lower than […] The post UK home lending biggest for month of September since 2007 appeared first on PropertyWire . Continue reading

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No properties under £120,000 in London by end of 2016, study suggests

It will be impossible to buy a home for less than £120,000 in London by the end of this year and less than £200,000 by 2025, new research suggests. Buying a home in London is becoming more and more unaffordable and the latest analysis suggests it will continue to do so as prices keep rising. […] The post No properties under £120,000 in London by end of 2016, study suggests appeared first on PropertyWire . Continue reading

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UK property prices continue to grow, up 1.3% in August, official data shows

Property prices in the UK increased by 1.3% in August and are up 8.4% compared to a year ago, taking the average price to £218,964, the latest index shows. The figures from the Office of National Statistics (ONS) also show that prices increased across most of the country with only Wales and the North East […] The post UK property prices continue to grow, up 1.3% in August, official data shows appeared first on PropertyWire . Continue reading

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