Ireland

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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Property sales and prices up across Scotland, latest official figures show

Property prices are continuing to rise in Scotland annually and month on month while sales have increased substantially towards the end of 2016, the latest index shows. Average prices were up 1.5% month on month in November 2016 and 3.3% year on year to an average of £143,033, according to the data from the Registers […] The post Property sales and prices up across Scotland, latest official figures show appeared first on PropertyWire . Continue reading

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Low mortgage rates keeping affordability low for home borrowers in UK

Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading

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