Rental Market
Rental prices in England and Wales up 1% year on year
The lettings market in England and Wales saw rental prices up by 1% over the 12 months to January with all regions bar one recording growth, the latest index shows. The average rent in January was £798 in January with the East of England seeing the fastest rising rents over the year and London properties […] The post Rental prices in England and Wales up 1% year on year appeared first on PropertyWire . Continue reading →
Gross mortgage lending down in UK in first month of 2017
Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading →
Rent rises inevitable as more tenants still chasing fewer homes to rent in UK
The number of people looking for a home to rent in the UK is much bigger than the rental supply available, the latest monthly research shows. Lettings agents point out that the private rented sector is currently out of balance and it means that it is inevitable that as long as it stay that way […] The post Rent rises inevitable as more tenants still chasing fewer homes to rent in UK appeared first on PropertyWire . Continue reading →