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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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UK rents grew by slowest annual rate since 2013 in February

Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading

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Property prices in England and Wales up 0.6% in February, annual growth down

Property prices in England and Wales increased by 0.6% in February but the annual rate of growth fell to 2.4%, the lowest since 2013, although some parts of the country are seeing stronger growth. Indeed the highest price growth for a year was recorded in Merseyside and Birmingham with new peaks of 5% and 6.2% […] The post Property prices in England and Wales up 0.6% in February, annual growth down appeared first on PropertyWire . Continue reading

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