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Rents start falling in the UK, latest national index shows

The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading

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Prices and rents in two key Scottish cities set to outperform rest of UK

The two major Scottish cities of Glasgow and Edinburgh are set to see property prices and rental growth outperform rest of UK over the next five years, according to new research. Property consultancy JLL forecasts that house prices in Edinburgh are set to grow 23.4% compared to a UK average of 13.1% while Glasgow will […] The post Prices and rents in two key Scottish cities set to outperform rest of UK appeared first on PropertyWire . Continue reading

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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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