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Housing market activity rose 8% in December year on year and up 40% compared to 2014
Housing market activity in the UK increased by 8% in December 2016 year on year with the first time buyer market seeing growth of 26%, the latest research data shows. This was also an increase of 40% compared with December 2014, according to the report from Connells Survey and Valuation, with confidence levels recovered from […] The post Housing market activity rose 8% in December year on year and up 40% compared to 2014 appeared first on PropertyWire . Continue reading →
Rental growth in UK slowed in second half of 2016
Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading →
More than half of tenants in UK private rented sector cannot afford to buy
More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading →