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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

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Two regions set record high house prices as median values rise across New Zealand

Median house prices increased by 9.4% across New Zealand year on year in January to $490,000 with two regions recording record high values, the latest index shows. Two of 12 regions in New Zealand saw record prices with Hawke’s Bay up 16% to $366,000, and Nelson/Marlborough up 25% to $470,000, according to the figures from […] The post Two regions set record high house prices as median values rise across New Zealand appeared first on PropertyWire . Continue reading

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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

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