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Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report
The average residential rent in the UK increased marginally in 2016 with growth of 1.12% over the year, the latest data shows, but growth is expected to rise in 2017. Overall rental growth has slowed from 2.34% in same period of 2015 with rents in London down by 0.31%, according to the national rent review […] The post Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report appeared first on PropertyWire . Continue reading →
City of London continues to see robust commercial property sales post Brexit
The City of London property market remains a magnate for overseas real estate investment despite Brexit and is particularly popular with buyers from South East Asia. New research shows that the location has witnessed significant capital inflows since the referendum in June despite an initial pause for breath. Since the vote, approximately £2.5 billion of […] The post City of London continues to see robust commercial property sales post Brexit appeared first on PropertyWire . Continue reading →
Property prices up in England and Wales to pre Brexit vote levels
Residential property prices in England and Wales edged upward again in November with month on month growth of 0.1% in month, the latest index data shows. The growth was driven by strong price gains in cheaper property with the average price now £295,276, according to the data from the LSL/Acadata house price index. However, London […] The post Property prices up in England and Wales to pre Brexit vote levels appeared first on PropertyWire . Continue reading →