economy

Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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Brexit creates opportunity for UK property investment says industry organisation

The property industry in the UK is being urged to look at and act upon the opportunities that could open up as a result of Brexit rather than focusing on the negatives. According to the Property Industry Alliance (PIA), which brings together leading representative bodies from the UK’s commercial property industry, the Government also needs […] The post Brexit creates opportunity for UK property investment says industry organisation appeared first on PropertyWire . Continue reading

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Residential rents rose or were stable across Scotland in November 2016

Residential rents in Scotland increased or remained the same across the country between October and November 2016 taking the average to £569 per month, the latest index shows. Edinburgh and the Lothians have the most expensive with the capital city seeing annual growth of 4.9%, the biggest growth in the country, according to the data […] The post Residential rents rose or were stable across Scotland in November 2016 appeared first on PropertyWire . Continue reading

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