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British agricultural land values set to rise 5.5% over next five years
The value of farm land in Britain has increased by 149% in the last decade and growth of 5.5% is forecast for the next five years. Overall the land market in the countryside is looking at sustained steady growth in the long term, according to the agricultural land market survey from property firm Savills. For […] The post British agricultural land values set to rise 5.5% over next five years appeared first on PropertyWire . Continue reading →
This year set to see little growth in home lending in UK, says CML
Last year could have been a potentially destabilising year of regulatory and political change for the UK mortgage market but it was resilient and adaptable and looking ahead challenges will continue in 2017. Indeed, the Council of Mortgage Lenders (CML) does not expect much growth in 2017 even although home owner house purchase lending increased […] The post This year set to see little growth in home lending in UK, says CML appeared first on PropertyWire . Continue reading →
The North of England and Scotland see best rise in rental yields in UK
Towns in the North of England and Scotland saw the biggest increase in rental yields at the end of 2016, achieving yields of up to 4.3% while in London they averaged just 3.2%. Properties in Manchester and Salford saw average rental yields of 6.7% and 6.6% while Cambridge provided the worst returns, with average rental […] The post The North of England and Scotland see best rise in rental yields in UK appeared first on PropertyWire . Continue reading →