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UK house prices ended 2016 with strong growth, latest index shows

House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading

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Number of first time buyers in UK rises as buy to let purchases fall

The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading

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Estate and lettings agent organisations launch joint consumer protection arm

The Association of Residential Letting Agents (ARLA) and the National Association of Estate Agents (NAEA) in the UK have launched a new Propertymark organisation to cover the sales and lettings markets. They announced that they are altering their emphasis from industry facing licensing to consumer protection with the launch of Propertymark which aims to speak […] The post Estate and lettings agent organisations launch joint consumer protection arm appeared first on PropertyWire . Continue reading

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