economic

More family homes being built in the UK and fewer flats

New homes being built in the UK are bigger with more bedrooms as changes in demand mean it is family homes that people want to buy, new research shows. The number of bedrooms being built increased from 385,000 in 2008/2009 to 478,000 in 2015/2016, according to an analysis report from the Home Builders Federation (HBF). […] The post More family homes being built in the UK and fewer flats appeared first on PropertyWire . Continue reading

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Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall

The biggest increase in house prices in the UK in 2016 was in the southern England town of Luton where the average property value increased by almost 20%, new research shows. Based house price data from lender the Halifax, the average house price in the Bedfordshire increased from £214,934 to £256,636 in 2016, some19.4% higher […] The post Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall appeared first on PropertyWire . Continue reading

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UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit appeared first on PropertyWire . Continue reading

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