UK< property market
Buy to let lending in UK still well below levels a year ago, latest data shows
Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading →
Number of new homes being built in England is rising but more are needed
There was an 11% increase in the housing supply in England in 2015/2016 and new delivery was up 5.7%, according to official figures but the industry warns that more are needed. The statistics from the Department of Communities and Local Government (DCLG) show that housing supply increased to 189,650 but this was still below the […] The post Number of new homes being built in England is rising but more are needed appeared first on PropertyWire . Continue reading →
Latest asking prices suggest parts of UK property market are cooling
The UK residential property market is cooling with the latest index showing that most regions have seen small falls in average asking prices although this is partly in line with seasonal expectations. Since October prices have fallen in six of the nine English regions and Wales but not in Scotland while Greater London is currently […] The post Latest asking prices suggest parts of UK property market are cooling appeared first on PropertyWire . Continue reading →