ownership

Prices down 2% month on month in New Zealand

Average property prices in New Zealand fell at the end of 2016 but agents believe it was a seasonal blip rather than a sign that the housing market is set to slowdown as sales levels did not dip. Average prices fell by 2% in December month on month to $913,709 while the median price was […] The post Prices down 2% month on month in New Zealand appeared first on PropertyWire . Continue reading

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Home owners in UK aged 55 and over face poor mortgage choice

Despite more products being on offer the mortgage market in the UK still does not offer enough for people aged 55 and over, research suggests. A survey found that estate agents are becoming increasingly concerned about mortgage lending restrictions for customers aged 55 and over and the impact on the wider housing market. Some 58% […] The post Home owners in UK aged 55 and over face poor mortgage choice appeared first on PropertyWire . Continue reading

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Rents outside of London reach average of £750 a month, latest index shows

Renting a home is becoming more expensive in the UK outside of London as rent paid rises and pay falls, the latest letting index suggests. The average rent paid for a residential property outside the capital city was £750 in December and increased by 2.04% over 2016, according to the Landbay rental index. The index […] The post Rents outside of London reach average of £750 a month, latest index shows appeared first on PropertyWire . Continue reading

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