Equity

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

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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

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Prices soar in Ireland with help for first time buyers and looser lending rules

Property prices across Ireland increased by 8.6% in the year to November 2016, boosted by a scheme to help first time buyers and a loosening of lending rules. The 8.6% rise compared to 6.9% recorded in October and just 4.2% in the 12 months to November 2015, according to the latest index data from the […] The post Prices soar in Ireland with help for first time buyers and looser lending rules appeared first on PropertyWire . Continue reading

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