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UK property prices remain resilient, latest index data shows

Average house prices in the UK have increased by 7.7% in the year to September 2016, the same as the previous month, and 0.2% month on month, the latest nationwide index shows. This takes the average price of a home to £218,000, some £16,000 higher than in September 2015 but London continues to be the […] The post UK property prices remain resilient, latest index data shows appeared first on PropertyWire . Continue reading

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Home lenders urged to take rental payments into account

Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading

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Prime central London property market outlook flat for 2017

Only properties that are priced realistically in the prime central London market are selling as the sector has been impacted by tax change, according to the latest analysis. Sales have seen an uplift of 4.6% from British buyers in the third quarter of 2016 but overall both the volume of sales and selling prices are […] The post Prime central London property market outlook flat for 2017 appeared first on PropertyWire . Continue reading

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