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Prices in UK residential market continue upward trend, 5.1% above a year ago

House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading

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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Call for more support for smaller new home builders in London

Small and medium sized developments account for two in three new build schemes in London’s pipeline, but will only provide one in five of the properties, according to new research The study from Kinleigh Folkard & Hayward (KFH) shows that there are currently a total of 1,031 private new build developments all more than 20 […] The post Call for more support for smaller new home builders in London appeared first on PropertyWire . Continue reading

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