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Rents in UK up 3% year on year but some regions falling on quarterly basis

Asking rents in the UK increased by 3% annually outside London in 2016 with the highest growth recorded in northern regions, the latest index shows. However, rents in London fell 4.4% with inner London seeing the biggest decline in the fourth quarter of 2016, according to the data from real estate portal Rightmove. In 2017 […] The post Rents in UK up 3% year on year but some regions falling on quarterly basis appeared first on PropertyWire . Continue reading

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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

Posted on by tsiadmin | Posted in ads, advice, age, agent, agents, ASA, average, Brexit, build, building, buy, Buy to Let, Buyers, buying, change, Cities, Company News, confidence, data, Demand, Development, Downsize, economic, England, Equity, Equity Release, estate agent, estate agents, Europe, expensive, finance, Finance Update, first time buyer, first time buyers, fixed rate, government, growth, home, home hunts, home owners, homes, houses, Housing, housing market, impact, Income, Index, international, invest, Investment, investments, land, Leasehold, Leeds Building Society, Lending, letting, Lettings, lettings market, listings, Location, London, luxury property, Manchester, market, markets, Middle East, million pound, millions, money, mortgage, mortgages, national, new, News, North America, ONS, owners, Planning, policy, price, prices, prime, products, Property, property market, property markets, property prices, purchase, Real Estate, recovery, renovation, rent, research, retirement, river, sales, saving, search, sell, sellin, selling, Shows, slowdown, Spain, standard, Supply, tax, Taylor Scott International, Towns, Transactions, TSI, U, Uk, UK home, uncertainty, US, USE, value, women | Tagged , , , , , , , , , , | Comments Off on Downsizers in UK unrealistic about what their money can buy, research suggests

Prime lettings market in London benefitting from sales slowdown

A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in ads, advice, age, agent, agents, analysis, Apartments, ASA, Asia, Australasia, Australia, Brexit, build, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, changes, Cities, Company News, confidence, cost, costs, data, Demand, Development, Europe, families, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, Flats, for sale, future, government, growth, home, home hunts, homes, houses, Housing, housing market, impact, Index, international, invest, Investment, investments, Kensington, land, Landlords, Leasehold, Leeds Building Society, letting, Lettings, lettings market, listings, Location, London, luxury property, Manchester, market, markets, money, mortgage, mortgages, moving, national, new, News, North America, ONS, Outlook, policy, price, prices, prime, prime central London, prime properties, Prime Property, products, Property, property market, property prices, purchase, Real Estate, record, recovery, rent, rental, Rental Market, rentals, renting, rents, Residential, sales, search, sell, sellin, selling, Shows, slowdown, Spain, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, Tenants, Towns, Transactions, trend, TSI, U, Uk, US, USE, value, viewings, women, Yields | Tagged , , , , , , , , , | Comments Off on Prime lettings market in London benefitting from sales slowdown