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Prices in UK residential market continue upward trend, 5.1% above a year ago

House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading

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Scotland sees further deterioration in housing affordability

There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading

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Rental price growth slows in most of UK with landlords reluctant to push them up

Rents in the UK are not surging ahead as some had predicted with the latest lettings index showing that they rose by an average of just 0.8% in February compared to the same month in 2016. This marks a considerable decline in the pace of rental appreciation which was 4.7% in June last year and […] The post Rental price growth slows in most of UK with landlords reluctant to push them up appeared first on PropertyWire . Continue reading

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