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UK property growth was flat in October, latest index data shows
The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading →
Prime property price growth slowing in key global cities
Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their […] The post Prime property price growth slowing in key global cities appeared first on PropertyWire . Continue reading →
New mortgages in UK increased month on month but still below a year ago
The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading →