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New rents in UK up 2.6% in January, but falling in London

New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading

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Number of first time buyers in UK rises as buy to let purchases fall

The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading

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Hull led price growth in England and Wales at end of 2016

House prices in England and Wales ended 2016 up 3.1% year on year but some regions saw much higher growth, led by Hull with a 16.2% rise in values, the latest index shows. Overall prices were also up 0.4% in December month on month, taking the average price of a home to £297,678, according to […] The post Hull led price growth in England and Wales at end of 2016 appeared first on PropertyWire . Continue reading

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