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Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →
Prices and sales rising in Cyprus as foreign buyers return to the island
The property recovery is underway in Cyprus with the latest figures showing that prices for villas and flats are increasing and sales are also rising. The latest figures from the Royal Institution of Chartered Surveyors (RICS) shows that across Cyprus residential prices for both houses and flats increase by 0.6% and 0.9% respectively in the […] The post Prices and sales rising in Cyprus as foreign buyers return to the island appeared first on PropertyWire . Continue reading →