Lloyds Bank
Home affordability in UK cities at worst level since 2008
Home affordability in cities in the UK is at its worst level since 2008 with Oxford the most expensive urban location to buy a property and Stirling the cheapest, according to new research. Over the past five years, the average UK city house price has risen by 32% from £169,966 in 2012 to its highest […] The post Home affordability in UK cities at worst level since 2008 appeared first on PropertyWire . Continue reading →
Gap between London house prices and rest of England and Wales widens
The gap in average house prices between London and the rest of England and Wales has significantly widened over the past 20 years, new research shows. Overall the research from Lloyds Bank shows that London house prices are now nearly 12 times average earnings and the private housing stock in London is worth £1.27 trillion, […] The post Gap between London house prices and rest of England and Wales widens appeared first on PropertyWire . Continue reading →
Home mover numbers in UK fall for first time in five years
The number of people moving home in the UK has fallen for the first time in five years with home movers seeing prices rise by 7% in 2016, according to new research. The number of home movers is estimated to have reached 354,000 in 2016, down 4% from 2015 the first annual decline since 2011, […] The post Home mover numbers in UK fall for first time in five years appeared first on PropertyWire . Continue reading →