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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

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Rents and prices set to keep rising across most of UK, according to chartered surveyors

A shortage of supply in both the sales and lettings residential markets in the UK presents a huge challenge for housing with sales flat and prices and rents set to continue rising, according to chartered surveyors. UK house sales still lacked momentum in January and prices and rents increased mainly due to a shortage of […] The post Rents and prices set to keep rising across most of UK, according to chartered surveyors appeared first on PropertyWire . Continue reading

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Build to Rent could deliver 240,000 new homes in UK by 2030

Build to Rent is now at the heart of UK housing policy and a new report suggests it could deliver 240,000 homes by 2030. Recognising build to rent’s ability to increase the supply of homes will play an important role in the newly released Government Housing White Paper’s success, according to a new report from […] The post Build to Rent could deliver 240,000 new homes in UK by 2030 appeared first on PropertyWire . Continue reading

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