economist

House prices set to grow by 3.5% in the UK in 2017

House price rises in the UK will slow in 2017 but a crash is highly unlikely due to a sound economic outlook despite Brexit, according to a new analysis. Stability in the housing market is predicted throughout the year with house price inflation slowing to 3.5%, says the forecast from economists at Lancaster University Management […] The post House prices set to grow by 3.5% in the UK in 2017 appeared first on PropertyWire . Continue reading

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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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Low mortgage rates keeping affordability low for home borrowers in UK

Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading

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