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Manchester replaces London with strongest annual house price growth
Property prices in key UK cities increased by 6.4% in the 12 months to February 2017, down from 7.8% a year ago but the headline figure is being dragged down by a slowdown in London. It means that city house price growth is now being led by regional cities, most notably Manchester which has seen […] The post Manchester replaces London with strongest annual house price growth appeared first on PropertyWire . Continue reading →
Total mortgage lending in UK still affected by weakness in buy to let
Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading →
Germany overtakes UK as most active European commercial property market
Germany overtook the UK as the most active commercial property market in Europe in 2016 with transactions totalling €59 billion, according to the latest research. Although investment volumes declined 14% year on year, global real estate advisor Knight Frank reports that Germany was established last year as Europe’s safe haven due to its robust economy […] The post Germany overtakes UK as most active European commercial property market appeared first on PropertyWire . Continue reading →