regions
Rate of residential rental growth halves in Great Britain in 2016
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →
Asking prices in UK edge up in January but down significantly from a year ago
Average asking prices in England and Wales have increased 3.1% in the last 12 months but in Greater London values have fallen into negative territory with prices down 1.1% over the last year. Month on month asking prices crept up 0.1% to an average of £296,761 but fell in Wales, Scotland and three regions in […] The post Asking prices in UK edge up in January but down significantly from a year ago appeared first on PropertyWire . Continue reading →
Rental growth in UK slowed in second half of 2016
Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading →