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Property sales slowed in the UK at the end of 2016 but prices still rising overall

The UK property market saw sales activity slow at the end of 2016 but prices continued to rise across the country apart from in London, according to the latest research to be published. However, the analysis from the Royal Institute of Chartered Surveyors (RICS) also shows sales are rising in some part of the UK […] The post Property sales slowed in the UK at the end of 2016 but prices still rising overall appeared first on PropertyWire . Continue reading

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Landlords and tenants leaving the lettings market in central London as costs rise

Tenant demand in the residential lettings market in central London is showing signs of slowing and landlords are looking outside the city for higher yielding investment, new research suggests. The number landlords reporting a rise in tenant demand in the fourth quarter of 2016 fell by almost 30% points when compared to the same quarter […] The post Landlords and tenants leaving the lettings market in central London as costs rise appeared first on PropertyWire . Continue reading

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Rents outside of London up by 2.3% year on year but flat for fifth month in a row

Rents paid by private sector tenants in Great Britain outside of London rose by 2.3% in the 12 months to December 2016, unchanged for the fifth month in a row, the latest official figures show. In England rents were up by 2.5%, in Wales they increased by 0.3% and in Scotland they were up by […] The post Rents outside of London up by 2.3% year on year but flat for fifth month in a row appeared first on PropertyWire . Continue reading

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