Tag Archives: activity
UK property industry disappointed that letting agents not included in money directive
The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading →
Lack of supply boosting property sales in hotspots in Scotland
Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading →
Home buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows
The number of buyers in London fell 3% to a four year low in the final quarter of 2016 with home lending at its lowest since 1991, the latest mortgage figures show. The London housing market is being affected by persistent affordability and supply issues with home mover activity in particular on a downward trend, […] The post Home buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows appeared first on PropertyWire . Continue reading →