England
New property listings down by almost 7% in UK towns and cities
New property listings fell in October by 6.9% on average across the UK with four out of five towns and cities seeing a drop in supply during a typically busy month for property market activity. This is in contrast to September when property listings are generally up following the summer lull and suggests that sellers […] The post New property listings down by almost 7% in UK towns and cities appeared first on PropertyWire . Continue reading →
Residential rent growth falling across much of the UK
Residential rental growth is slowing in the UK with the average rent up by just 0.05% in October, down from the 0.09% recorded the previous month, the latest index data shows. Growth was slowed in particular by a 0.11% fall in rents in London while when the city is excluded the growth was 0.14% in […] The post Residential rent growth falling across much of the UK appeared first on PropertyWire . Continue reading →
UK financial watchdog reveals mortgage lending glitch
More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading →
