growth
Overseas investments boost office markets in UK regional cities
Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading →
Remortgages increased share of home lending market in UK last year
There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading →
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 →