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UK sees rise in lending with mortgages up 7% month on month

Lending for homes in the UK reached £22.5 billion in August, up 7% on the previous month and 15% year on year, the latest published figures show. It is also the highest August figure since 2007 when gross lending reached £33.6 billion, according to the data from the Council of Mortgage Lenders which represents the […] The post UK sees rise in lending with mortgages up 7% month on month appeared first on PropertyWire . Continue reading

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Price adjustments needed to rebalance post Brexit prime London

Price adjustments are needed to rebalance the prime property market in London after the decision by the UK to leave the European Union with values set to fluctuate for next two years. A new analysis report from real estate firm Savills says that the uncertainty in the market is not just down to Brexit but […] The post Price adjustments needed to rebalance post Brexit prime London appeared first on PropertyWire . Continue reading

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House prices in England and Wales eased up 0.1% in August

Affordable property is driving price growth in England and Wales but the market in London has slowed, according to the latest house price index report. Overall house prices continued to grow in August but at a slower rate than previous months with prices up 0.1% compared to July, taking the average to £292,921, the data […] The post House prices in England and Wales eased up 0.1% in August appeared first on PropertyWire . Continue reading

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