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Research reveals owners still largely over estimate how much their home is worth

Home owners in England and Wales over estimated the value of their property by an average 6.8% in 2016 but this is much less than in previous years, new research shows. In 2015, for example, owners overestimated values by 9.85%, and in 2014 by 13.69%, in 2013 by 13.93% and in 2012 by 18.07%. The […] The post Research reveals owners still largely over estimate how much their home is worth appeared first on PropertyWire . Continue reading

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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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Basement extensions becoming more popular in the UK

The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK appeared first on PropertyWire . Continue reading

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