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Prime London property lettings market showing signs of improvement

Some areas of the prime property lettings market in London are seeing an upturn with locations outside of the central part of the city most likely to see a rebound, according to new research. Suburban locations are currently underpinned by a strong local market and those with improving transport links saw the biggest rent rises […] The post Prime London property lettings market showing signs of improvement appeared first on PropertyWire . Continue reading

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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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Average house price in England could reach close to £1 million by 2037

Residential property prices in England could average over £300,000 in the next decade if they rise as much as they have in the last 10 years, new research shows. In London they would rise to over £800,000 and in the South East of England the average would be over £445,000, according to the study from […] The post Average house price in England could reach close to £1 million by 2037 appeared first on PropertyWire . Continue reading

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