Demand
Wealthier property buyers looking east in London
There is a polarisation in the London residential property market with a new analysis suggesting growth is rising in the east of the city while central hotspots have cooled. Parts of central London have seen prices and sales falling while boroughs such as Havering and Barking and Dagenham are attracting more buyers, according to the […] The post Wealthier property buyers looking east in London appeared first on PropertyWire . Continue reading →
Total mortgage lending in UK still affected by weakness in buy to let
Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading →
Property prices in Scotland up 4% year on year
Average property prices in Scotland have increased by 4% year on year and were up 2.1% month on month in January 2017, the latest official figures show. This rise takes the average price of a home to £142,233, according to the data published by the Registers of Scotland. But sales were falling towards the end […] The post Property prices in Scotland up 4% year on year appeared first on PropertyWire . Continue reading →