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Brexit accelerated slowdown in prime central London property market, analysis suggests

The decision by the UK to leave the European Union accelerated the slowdown in the prime property market in central London but it is now seeing a more normal amount of activity, according to the latest research. The latest analysis from real estate firm Cluttons eight months on from the referendum on membership of the […] The post Brexit accelerated slowdown in prime central London property market, analysis suggests appeared first on PropertyWire . Continue reading

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Rents up by almost 5% year on year in Scotland in February, latest index shows

Private sector rents in Scotland increased by almost 5% in the 12 months to February 2017, taking the typical rent to £575 per month, the latest index shows. Overall rents were up by 4.9% but the buy to let index from Your Move suggests that demand is falling and this has resulted in rents falling […] The post Rents up by almost 5% year on year in Scotland in February, latest index shows appeared first on PropertyWire . Continue reading

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Sales in UK property market reach 10 year high

The number of sales agreed in the UK rose to a 10 year high in February but sales to first time buyers fell, according to the latest figures from estate agents. The data from the National Association of Estate Agents (NAEA) shows that transactions increased to 11 per branch and the last time this figure […] The post Sales in UK property market reach 10 year high appeared first on PropertyWire . Continue reading

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