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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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Homes near new Crossrail stations in and around London see prices soar

More evidence has been published that the Cross rail line in London and out to nearby commuter towns is pushing up property prices with values up more than 40% since it as announced in 2007. Over the last 10 years all 40 stations along the new Elizabeth Line have recorded price growth double the rate […] The post Homes near new Crossrail stations in and around London see prices soar appeared first on PropertyWire . Continue reading

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Families who rent homes in the UK would like longer rental tenancies

Many people renting homes in the UK, especially families with children, would like to be offered longer tenancies to give them more security in their home, research has found. Some 39% of people living with their children in privately rented homes have a tenancy of six months or less and 59% say it is hard […] The post Families who rent homes in the UK would like longer rental tenancies appeared first on PropertyWire . Continue reading

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