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Rents outside of London up by 2.3% year on year but flat for fifth month in a row

Rents paid by private sector tenants in Great Britain outside of London rose by 2.3% in the 12 months to December 2016, unchanged for the fifth month in a row, the latest official figures show. In England rents were up by 2.5%, in Wales they increased by 0.3% and in Scotland they were up by […] The post Rents outside of London up by 2.3% year on year but flat for fifth month in a row appeared first on PropertyWire . Continue reading

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Housing stock value in UK passes £5 trillion for the first time

The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading

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Prime property rents in Home Counties market fell at end of 2016

Prime property rents in the sought after Home Counties region of England fell by 0.8% in 2016 following a 1.6% decline in the final quarter of the year. But activity levels picked up towards the end of the year with tenancies agreed 12% higher between October and December than in the same period in 2015 […] The post Prime property rents in Home Counties market fell at end of 2016 appeared first on PropertyWire . Continue reading

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