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Brexit hits UK rural land market with demand, rents, yields and prices falling
Brexit uncertainty is affecting the rural land market in the UK with demand falling and in turn having an impact on prices, the latest analysis shows. Demand has now been falling for the last 18 months with concerns about future subsidies once the UK leaves the European Union and low commodity prices weighing on the […] The post Brexit hits UK rural land market with demand, rents, yields and prices falling appeared first on PropertyWire . Continue reading →
Gross mortgage lending down in UK in first month of 2017
Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading →
Almost all Government land pledged for new home building in England now identified
Some 90% of land owned by the Government that it has pledged to release for new home building in England has been identified within various departments, according to the first report into the surplus land programme. The aim is to sell land for at least 160,000 homes by the end of March 2020 which was […] The post Almost all Government land pledged for new home building in England now identified appeared first on PropertyWire . Continue reading →