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Scotland sees further deterioration in housing affordability

There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading

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First time buyers still struggle to save a home deposit

Young first time buyers in the UK are increasingly having to rely in the support of their grandparents to help finance a deposit for their first home, new research has found. Overall over the past five years there has been a large shift towards turning to family for help in order to get a foot […] The post First time buyers still struggle to save a home deposit appeared first on PropertyWire . Continue reading

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Rising interest rates could have a significant effect on US property market

Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading

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