rental growth
Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report
The average residential rent in the UK increased marginally in 2016 with growth of 1.12% over the year, the latest data shows, but growth is expected to rise in 2017. Overall rental growth has slowed from 2.34% in same period of 2015 with rents in London down by 0.31%, according to the national rent review […] The post Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report appeared first on PropertyWire . Continue reading →
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →
Rent growth slows across most of the UK, particularly London, latest index shows
Rent growth in London has slowed with annual growth of just 1.6% compared to 3.1% year on year in the rest of the UK, the latest index data shows. It means that the gap between rent rises in London and the rest of the country is at its narrowest for 10 months, according to the […] The post Rent growth slows across most of the UK, particularly London, latest index shows appeared first on PropertyWire . Continue reading →