Tag Archives: housing
Home buyers in England and Wales pay 7.6 times earnings for a home
On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading →
First time buyer activity in UK housing market soars at expense of buy to let
First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading →
Overseas investments boost office markets in UK regional cities
Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading →