Tag Archives: commercial-property
Equity release in UK reached new records in 2016
Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading →
Residential rents up by almost 4% in England and Wales year on year
Rents increased in England and Wales by 3.9% in the 12 months to November 2016 taking the average rent to £830 a month, the latest index data shows. London remained the most expensive place to rent a property with rents reached a new high of £1,295 per month, according to the Your Move index. But […] The post Residential rents up by almost 4% in England and Wales year on year appeared first on PropertyWire . Continue reading →
Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →