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Rents up across most of England and Wales in February

Rents increased across England apart from London and the South West in the 12 months to February 2017 with Wales seeing rental values rise twice as fast as elsewhere, the latest index shows. This took the average rent in England and Wales to £798 per month with the growth led by the South East and […] The post Rents up across most of England and Wales in February appeared first on PropertyWire . Continue reading

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Young people fear they cannot afford to buy a home in the UK

Many young people in the UK fear they do not earn enough to buy a home and a significant number also feel that owning is a thing of the past, new research has found. A quarter of young people aged 18 to 34 in the UK rely on inheritance to get on the property ladder […] The post Young people fear they cannot afford to buy a home in the UK appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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