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Tax office figures show substantial falls in UK property sales

Sales of property in the UK have fallen considerably year on year, down 11.3% in September, and fell by 4.3% month on month, official data shows. The data from HMRC, the tax office, shows that there were 93,130 residential property transactions during the month of September and separate figures from HMRC show the amount of […] The post Tax office figures show substantial falls in UK property sales 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 buyers in England and Wales need bigger deposits

The average property deposit across England and Wales has increased by around £5,000 year on year despite the amount needed falling as a percentage of the price of a home, new research shows. Indeed, deposit percentages decreased year on year by an average of 1% across all regions, with the exception of Greater London where […] The post Home buyers in England and Wales need bigger deposits appeared first on PropertyWire . Continue reading

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