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Analysis suggests prime central London property values will stagnate in 2017
Prime property values in central London have dropped for the first time since the recession, although homes priced below £2 million have seen values resisting the slowdown, new research shows. Indeed, this segment of the market has outperformed the rest of prime central London where average capital values are down 2.3% over the last 12 […] The post Analysis suggests prime central London property values will stagnate in 2017 appeared first on PropertyWire . Continue reading →
UK property prices remain resilient, latest index data shows
Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading →
Around half of homes in cities such as London and Manchester are leasehold
Leasehold properties, which can take longer to buy and come with additional costs, are alive and well in England and Wales, particularly in London and Manchester, new research shows. Indeed some 53% of homes in London are leasehold and 46% in Manchester while overall in the country just 15% are leasehold, according to a report […] The post Around half of homes in cities such as London and Manchester are leasehold appeared first on PropertyWire . Continue reading →