proeprty

First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Rent growth slows in the UK, led by falls in London

Overall rental growth has stalled in Britain with values 0.6% lower in February than they were a year ago with the fall is driven by London, the latest index shows. While it is the first annual fall for more than six years, the data from the Countrywide lettings index shows that apart from London and […] The post Rent growth slows in the UK, led by falls in London appeared first on PropertyWire . Continue reading

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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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