housing market
Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →
UK could benefit from US immigration policy as buyers seek safe haven
US President Donald Trump’s controversial immigration policies could lead to property investors from Arab countries looking for safe havens to buy property, it is suggested. Buyers from Middle Eastern and African countries, including those named in Trump’s executive order who might have invested in real estate in the US are now likely to look elsewhere. […] The post UK could benefit from US immigration policy as buyers seek safe haven appeared first on PropertyWire . Continue reading →