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Asking price growth rockets ahead in the Midlands of the UK

Average asking property prices in England and Wales increased by 1.3% or £3,877 this month, the same rise as a year ago when there was a rush to beat the introduction of extra stamp duty on additional homes. The data from Rightmove for March 2017 is a sign that the housing market is resilient in […] The post Asking price growth rockets ahead in the Midlands of the UK appeared first on PropertyWire . Continue reading

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Home building industry body opposes proposed planning fee rises in Scotland

The home building industry in Scotland is opposing proposals to increase the maximum fees for major planning applications of 570 or more houses to £125,000. A consultation is open until 04 April 2017 on the proposals which also would increase fees for planning permission in principal to £62,500 and is considering wider changes to the […] The post Home building industry body opposes proposed planning fee rises in Scotland appeared first on PropertyWire . Continue reading

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Home buyers in England and Wales pay 7.6 times earnings for a home

On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading

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