Flats

Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading

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Property industry in UK wants tax boost for Build to Rent sector

The British property industry is hoping that Chancellor Philip Hammond will announce tax measures in his autumn statement that will boost the fledgling build to rent sector as a time when more homes are needed in the rented sector. Figures from the British Property Federation show that in the past year the number of Build […] The post Property industry in UK wants tax boost for Build to Rent sector appeared first on PropertyWire . Continue reading

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Average property prices in Scotland rise post Brexit

Property prices in Scotland increased by 0.6% month on month in September, taking the average price above £170,000 for the first time since the vote to leave the European Union. It means the average property price increased by more than £1,000 compared to August to £170,762 and on an annual basis prices are up 2.5% […] The post Average property prices in Scotland rise post Brexit appeared first on PropertyWire . Continue reading

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