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Disappointing lending figures suggests UK mortgage market is in decline
The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading →
Regional property markets in New Zealand outpaced Auckland in February
Property prices in two out of 12 regions in New Zealand hit new record high median sale prices in February 2017 as Auckland was outpaced, the latest index shows. Central Otago Lakes recorded the largest percentage increase in median price compared to February 2016 at 30%, followed by Northland at 20% and Otago at 18%. […] The post Regional property markets in New Zealand outpaced Auckland in February appeared first on PropertyWire . Continue reading →
UK rents grew by slowest annual rate since 2013 in February
Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading →