Tag Archives: confidence
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →
City of London continues to see robust commercial property sales post Brexit
The City of London property market remains a magnate for overseas real estate investment despite Brexit and is particularly popular with buyers from South East Asia. New research shows that the location has witnessed significant capital inflows since the referendum in June despite an initial pause for breath. Since the vote, approximately £2.5 billion of […] The post City of London continues to see robust commercial property sales post Brexit appeared first on PropertyWire . Continue reading →
UK property prices edged up in November, latest index data shows
Property prices in the UK are continuing to be resilient since the vote to leave the European Union with the latest index figures showing that they increased by 0.1% in November. But seasonal adjustments mean that year on year price growth slowed slightly to 4.4% from 4.6% in October, taking the average price of a […] The post UK property prices edged up in November, latest index data shows appeared first on PropertyWire . Continue reading →