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UK property markets in good position to weather Brexit, says two new reports

Regional property markets around the UK currently offer potentially better investment opportunities than those in London, with Brexit likely to hit the capital harder than anywhere else in the UK, a new report suggests. While commercial real estate investment returns in London are unlikely to plummet during the Brexit negotiations, which are due to get […] The post UK property markets in good position to weather Brexit, says two new reports appeared first on PropertyWire . Continue reading

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Average home price in England and Wales now over £300,000

The average price of a home in England and Wales has gone above £300,000 with a strong start to 2017 seeing a new peak in values, according to the latest index to be published. Prices were up 0.3% in January to an average of £300,169, an annual rise of 3.1% but the market in London […] The post Average home price in England and Wales now over £300,000 appeared first on PropertyWire . Continue reading

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New rents in UK up 2.6% in January, but falling in London

New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading

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