Scotland
UK property prices continue to grow, up 1.3% in August, official data shows
Property prices in the UK increased by 1.3% in August and are up 8.4% compared to a year ago, taking the average price to £218,964, the latest index shows. The figures from the Office of National Statistics (ONS) also show that prices increased across most of the country with only Wales and the North East […] The post UK property prices continue to grow, up 1.3% in August, official data shows appeared first on PropertyWire . Continue reading →
New rents fall 0.8% across the UK with latest index revealing slowdown trend
New rents across the UK fell by 0.8% in September and at an average of £910 per month are now just 3% above a year ago, according to the latest index. It is the slowest annual growth rate recorded this year by the HomeLet Rental Index and means that rental price inflation has fallen in […] The post New rents fall 0.8% across the UK with latest index revealing slowdown trend appeared first on PropertyWire . Continue reading →
Survey suggests tenants in UK cannot afford further rent rises
Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading →