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Demand from buyers in the UK means 11 chasing each property on estate agent books

A surge in demand from home buyers in the UK means that there are now 11 buyers chasing every property for sale through estate agents, new research shows. Despite the current low levels of supply being offered through estate agents, the number of prospective buyers is still rising, according to the latest data from national […] The post Demand from buyers in the UK means 11 chasing each property on estate agent books appeared first on PropertyWire . Continue reading

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Brexit hits UK rural land market with demand, rents, yields and prices falling

Brexit uncertainty is affecting the rural land market in the UK with demand falling and in turn having an impact on prices, the latest analysis shows. Demand has now been falling for the last 18 months with concerns about future subsidies once the UK leaves the European Union and low commodity prices weighing on the […] The post Brexit hits UK rural land market with demand, rents, yields and prices falling appeared first on PropertyWire . Continue reading

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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

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