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UK Government pledges to build more homes more quickly to buy and rent
New measures to reduce the obstacles to new house building and improve affordability for buyers and tenants have been announced by the UK Government in a much awaited Housing White Paper. The report reveals that more than a third of new homes that were granted planning permission between 2010/2011 and 2015/2016 have yet to be […] The post UK Government pledges to build more homes more quickly to buy and rent appeared first on PropertyWire . Continue reading →
Rent for three bed homes in London rising due to lack of supply
Rents for three bedroom properties in London continue to grow while one and two bedroom homes are getting cheaper, according to new research. Demand means that tenants are willing to pay over the odds for a three bedroom property but there are far more smaller homes available, according to the analysis of figures from the […] The post Rent for three bed homes in London rising due to lack of supply appeared first on PropertyWire . Continue reading →
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 →