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Average property prices in Scotland rise post Brexit

Property prices in Scotland increased by 0.6% month on month in September, taking the average price above £170,000 for the first time since the vote to leave the European Union. It means the average property price increased by more than £1,000 compared to August to £170,762 and on an annual basis prices are up 2.5% […] The post Average property prices in Scotland rise post Brexit appeared first on PropertyWire . Continue reading

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Remortgages drive growth in UK home lending market

Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading

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Review of home ownership in UK shows severe decline in young buyers

The first major review into home ownership in the UK in over a decade reveals that the financial squeeze on young people is at the heart of the decline in the number of home owners and calls for a long term approach to housing issues. The independent Redfern Review reveals that home ownership is the […] The post Review of home ownership in UK shows severe decline in young buyers appeared first on PropertyWire . Continue reading

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