trends
Gross mortgage lending down in UK in first month of 2017
Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading →
Landlords in UK more optimistic and planning to cope with tax change
Landlords in the UK are taking action ahead of mortgage relief tax changes due to come into force in April and more are optimistic about the outlook for the private rented sector. Six out of 10 landlords are preparing for the tax change and more are willing to buy with fewer thinking about reducing their […] The post Landlords in UK more optimistic and planning to cope with tax change appeared first on PropertyWire . Continue reading →
Prices recover in first month of the year in Auckland
For the first time in 14 years average and median home prices in Auckland, New Zealand, did not fall at the beginning of a year. The latest data shows that prices paid in January were marginally higher than those paid in December 2016 and did not experience the usual New Year seasonal dip. However the […] The post Prices recover in first month of the year in Auckland appeared first on PropertyWire . Continue reading →