Tag Archives: income

Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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Central belt of Scotland sees rental values soar

Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading

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Home lending declined in UK in July but too early to blame Brexit

Home owners in the UK borrowed £10.6 billion for house purchases in July, down 13% month on month and 12% year on year, the latest data from lenders shows. They took out 58,100 loans, down 14% on June and 13% on July 2015, according to the data from the Council of Mortgage Lenders which is […] The post Home lending declined in UK in July but too early to blame Brexit appeared first on PropertyWire . Continue reading

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