slowdown
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 →
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 →
Lettings volumes in prime central London saw improvement at end of 2016
The final quarter of 2016 saw strong growth in lettings volumes in the prime central London market, with activity particularly strong at the highest and lowest price sectors, the latest research shows. The decline in annual rental value growth slowed marginally, down 5% in January and there was a 5% year on year increase in […] The post Lettings volumes in prime central London saw improvement at end of 2016 appeared first on PropertyWire . Continue reading →