Edinburgh
Rental growth slowed down in Scotland at end of 2016 but demand is high
Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading →
Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish
Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading →
Property listings down in UK in December more than normal, latest data shows
Listings of new properties for sale in the UK fell by almost 50% in December which agents say is more than the usual seasonal slowdown, new research suggests. New listings fell by 46.9% with 98% of towns and cities seeing a decline on properties for sale compared to the previous month, according to the property […] The post Property listings down in UK in December more than normal, latest data shows appeared first on PropertyWire . Continue reading →