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This year set to see little growth in home lending in UK, says CML
Last year could have been a potentially destabilising year of regulatory and political change for the UK mortgage market but it was resilient and adaptable and looking ahead challenges will continue in 2017. Indeed, the Council of Mortgage Lenders (CML) does not expect much growth in 2017 even although home owner house purchase lending increased […] The post This year set to see little growth in home lending in UK, says CML appeared first on PropertyWire . Continue reading →
The North of England and Scotland see best rise in rental yields in UK
Towns in the North of England and Scotland saw the biggest increase in rental yields at the end of 2016, achieving yields of up to 4.3% while in London they averaged just 3.2%. Properties in Manchester and Salford saw average rental yields of 6.7% and 6.6% while Cambridge provided the worst returns, with average rental […] The post The North of England and Scotland see best rise in rental yields in UK appeared first on PropertyWire . Continue reading →
Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →