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Prime property market in London still hit by tax, politics and the economy

Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading

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Scottish house prices saw solid growth during 2016, latest data shows

Average house prices in Scotland increased by 0.2% in December 2016 and sales volumes reached their highest level for nine years, the latest index shows. Year on year prices are now up by 2.2% to an average of £172,204 but while growth is ahead of the 2.1% annual rise for Wales and 1.3% in London, […] The post Scottish house prices saw solid growth during 2016, latest data shows appeared first on PropertyWire . Continue reading

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Electronic mortgages likely to be introduced in England and Wales

The Land Registry in England and Wales has launched a consultation on proposals to allow it to introduce new digital conveyancing and registration including e-mortgages. It is seeking responses from the property industry and individuals to changes that will allow it to change the rules so it can move forward with fully digital conveyancing documents […] The post Electronic mortgages likely to be introduced in England and Wales appeared first on PropertyWire . Continue reading

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