Outlook
Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations
Home owners and would be first time buyers are unlikely to see mortgage rates rise in the short term, according to experts who say the Bank of England monetary policy committee report signals unlikely change due to Brexit negotiations. The committee’s report says that is expects the economy to slow down during the difficult Brexit […] The post Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations appeared first on PropertyWire . Continue reading →
Development land market in UK rebounds from post Brexit slowdown
The development land market in the UK returned to more normal conditions at the end of 2016 recovering from the market caution immediately after the vote in June to leave the European Union, according to new research. However, land buyers are being more selective, seeking more due diligence and negotiating deferred payments in many cases, […] The post Development land market in UK rebounds from post Brexit slowdown appeared first on PropertyWire . Continue reading →