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Rent growth slows in the UK, led by falls in London

Overall rental growth has stalled in Britain with values 0.6% lower in February than they were a year ago with the fall is driven by London, the latest index shows. While it is the first annual fall for more than six years, the data from the Countrywide lettings index shows that apart from London and […] The post Rent growth slows in the UK, led by falls in London appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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