economic

Sum available for British investors to reclaim from bust developers in Spain rises

Tens of thousands of British buyers left high and dry by bankrupt developers in Spain have been given fresh hope that they may be able to recoup some of the money they put down as a deposit. As much as £5.3 billion could be made available thanks to a landmark ruling by the Spanish Supreme […] The post Sum available for British investors to reclaim from bust developers in Spain rises 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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