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New home starts in England up by 5% last year, but completions fell

The number of new homes started in England continued to rise last year and reached the highest level since 2007, the latest official data shows. Some 153,370 new homes were started in the year to December 2016, up 5% on the previous year and more than 140,500 homes were completed in the same period, according […] The post New home starts in England up by 5% last year, but completions fell appeared first on PropertyWire . Continue reading

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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

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Households in UK confident about housing market outlook, latest survey shows

The majority of households across the UK, led by London, believe that the value of their home rose over the last month and they are confident about the outlook for 2017, according to new research. The perceived rate of house price growth rose month on month with respondents in 10 of 11 regions covered by […] The post Households in UK confident about housing market outlook, latest survey shows appeared first on PropertyWire . Continue reading

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