office

Office property market in Scotland buoyant despite year of uncertainty

Despite a year of uncertainty, the Scottish office market remains buoyant, with 2.3 million square feet of lettings in 2016 across Aberdeen, Edinburgh and Glasgow, 10% above the long term average. The research data from the Savills office market watch report also shows that total office investment in the three cities in 2016 reached £565 […] The post Office property market in Scotland buoyant despite year of uncertainty appeared first on PropertyWire . Continue reading

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New home starts in England up by 5% last year, but completions fell

The number of new homes started in England continued to rise last year and reached the highest level since 2007, the latest official data shows. Some 153,370 new homes were started in the year to December 2016, up 5% on the previous year and more than 140,500 homes were completed in the same period, according […] The post New home starts in England up by 5% last year, but completions fell appeared first on PropertyWire . Continue reading

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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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