Tag Archives: outlook
Demand in private rented sector in UK is for longer tenancies
People in the UK want longer tenancies, new research has found, and it seem that landlords also want to be able to provide more stable, longer lets. One new piece of research show that four in 10 tenants expect to rent a property for up to 10 years while the Residential Landlords Association (RLA) believes […] The post Demand in private rented sector in UK is for longer tenancies appeared first on PropertyWire . Continue reading →
Prime property market in London still hit by tax, politics and the economy
Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading →
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →