Demand in the prime central London lettings market continued to strengthen in September as uncertainty persisted over short term pricing trends in the sales market. The number of tenancies agreed in the three months to August rose 15.7% and marked the highest on record for the month, according to the latest index from real estate […] The post Prime central London rent market sees demand up as values fall appeared first on PropertyWire . Continue reading
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Average property in UK is eight times the average wage, new research shows
The average UK house price is eight times the average wage with the majority of least affordable areas in London, new research has found. Indeed, in London the average price of a home is 14 times the average wage, according to research from eMoov with data compiled from all London boroughs and each area across […] The post Average property in UK is eight times the average wage, new research shows appeared first on PropertyWire . Continue reading →
Brexit negotiations could dent UK property market but open investment opportunities
Uncertainty during Brexit negotiations could cause limited, short term falls in capital property values in the UK but this could open up opportunities for real estate investors, a new analysis suggests. Any declines should remain restrained given expectations of a relatively subdued, but by no means dismal, economic outlook, according to the latest UK property […] The post Brexit negotiations could dent UK property market but open investment opportunities appeared first on PropertyWire . Continue reading →