UK< property

First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Asking prices up across the UK month on month but now likely to stagnate

Asking prices in the UK continue to rise but in most regions on a monthly basis but year on year prices are down and expected to be more or less stagnant in the year ahead. In England and Wales asking prices were up 0.6% month on month but the annual rate fell to 2.6% while […] The post Asking prices up across the UK month on month but now likely to stagnate appeared first on PropertyWire . Continue reading

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UK rents grew by slowest annual rate since 2013 in February

Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading

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