Equity Release
Last year saw second highest number of new homes in UK in almost a decade
More than 150,000 new homes were registered by warranty and insurance provider for new builds, the NHBC, in 2016, the second highest in almost a decade. The figures show that a total of 151,687 new homes were registered but this was a slight fall of 2% compared to 2015 when 155,504 new homes were registered. […] The post Last year saw second highest number of new homes in UK in almost a decade appeared first on PropertyWire . Continue reading →
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →
Official data shows property prices in UK up almost 7% in 12 months to November 2016
Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution […] The post Official data shows property prices in UK up almost 7% in 12 months to November 2016 appeared first on PropertyWire . Continue reading →