economy
Mayor of London announces new planning rules to speed up affordable home building
The Mayor of London has announced new planning rules to speed up the building of more affordable housing in the city which has a shortage of homes at the lower end of the market. Sadiq Khan also announced plans for how the record breaking investment funding of £3.15 billion announced in last week’s autumn statement […] The post Mayor of London announces new planning rules to speed up affordable home building appeared first on PropertyWire . Continue reading →
Large number of UK home owners sell for less than expected, research suggests
Some 41% of home owners selling in the UK in the past five years have had to settle for price cuts on their original valuation with one in 12 selling for a much lower price, new research has found. But there is considerable regional variation with just 6% of sellers in London having to sell […] The post Large number of UK home owners sell for less than expected, research suggests appeared first on PropertyWire . Continue reading →
Rents increases in England and Wales levelled off in October
Residential rent increases in England and Wales levelled off in October, with the average property being let for £900 per calendar month, down slightly from £907 in September. However, despite the slight drop in rents compared to last month, this is the second highest rent ever recorded by the buy to let index from Your […] The post Rents increases in England and Wales levelled off in October appeared first on PropertyWire . Continue reading →