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Housing market activity rose 8% in December year on year and up 40% compared to 2014

Housing market activity in the UK increased by 8% in December 2016 year on year with the first time buyer market seeing growth of 26%, the latest research data shows. This was also an increase of 40% compared with December 2014, according to the report from Connells Survey and Valuation, with confidence levels recovered from […] The post Housing market activity rose 8% in December year on year and up 40% compared to 2014 appeared first on PropertyWire . Continue reading

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Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish

Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading

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Official data shows property prices in UK up almost 7% in 12 months to November 2016

Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution […] The post Official data shows property prices in UK up almost 7% in 12 months to November 2016 appeared first on PropertyWire . Continue reading

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