Edinburgh
Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →
Property demand in UK falls by 7% towards the end of 2016
Across the UK property demand has fallen by 7% overall with the Midlands and northern regions benefitting the most, new research shows. Six out of the 10 biggest increases in demand are located in these regions, according to the hotspots index from online estate agent eMoov. While the average is 38%, Bexley at 65% has […] The post Property demand in UK falls by 7% towards the end of 2016 appeared first on PropertyWire . Continue reading →
Lending figures show recovery in UK home lending
The latest lending data from the Bank of England suggests that the home mortgage market is recovering with approved loans for properties up 6% in October compared to the previous month. It suggests that the recovery in buyer demand is underway after a slowdown caused by the run up to the referendum on the European […] The post Lending figures show recovery in UK home lending appeared first on PropertyWire . Continue reading →