England
New buy to let lending bounced back in fourth quarter of 2016
Following a shift to more remortgaging in the buy to let lending market, more landlords moved to purchase properties in the final quarter of 2016, the latest data shows. After the Brexit vote in the summer and concerns about changes to stamp duty for additional homes the number of mortgages for new purchase fell in […] The post New buy to let lending bounced back in fourth quarter of 2016 appeared first on PropertyWire . Continue reading →
Manchester aims to build 2,000 new affordable homes a year
With cities in the UK facing a lack of affordable homes one of the biggest in the country has announced plans to build 2,000 new homes every year. Manchester City Council says it was to accelerate the delivery of affordable homes and has drawn up a housing affordability framework which aims to ensure a strong […] The post Manchester aims to build 2,000 new affordable homes a year appeared first on PropertyWire . Continue reading →
Asking prices in UK edge up in January but down significantly from a year ago
Average asking prices in England and Wales have increased 3.1% in the last 12 months but in Greater London values have fallen into negative territory with prices down 1.1% over the last year. Month on month asking prices crept up 0.1% to an average of £296,761 but fell in Wales, Scotland and three regions in […] The post Asking prices in UK edge up in January but down significantly from a year ago appeared first on PropertyWire . Continue reading →