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Almost a third of homes for sale in UK towns and cities have prices cuts

Almost a third of properties for sale in major towns and cities in the UK have been reduced in prices with most of them located in the north of the country where property markets have been slower to recover from the downturn. Indeed, 17 of the top 20 locations for price cuts are in the […] The post Almost a third of homes for sale in UK towns and cities have prices cuts appeared first on PropertyWire . Continue reading

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Basement extensions becoming more popular in the UK

The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK 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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