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Rental prices in Britain up by 2.3% year on year, latest index shows
Private rental prices paid by tenants in Britain rose by 2.3% in the 12 months to August 2016, down 0.1% compared with the previous monthly data. The figures from the Office of National Statistics (ONS) also show that rent increased by 2.4% in England, by 0.1% in Wales and were unchanged in Scotland, having slowed […] The post Rental prices in Britain up by 2.3% year on year, latest index shows appeared first on PropertyWire . Continue reading →
Flagship Help to Buy schemes continue to be popular in UK
More than 185,000 people in the UK have been able to buy a new home using the Government’s flagship set of Help to Buy schemes, the latest quarterly statistics show. Of these over 150,000 or 81% have been first time buyers with the average house price for purchases with support from Help to Buy schemes […] The post Flagship Help to Buy schemes continue to be popular in UK appeared first on PropertyWire . Continue reading →
Passing on full interest rate cut would make UK homes more affordable, research points out
First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading →