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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise
Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading →
Homes near new Crossrail stations in and around London see prices soar
More evidence has been published that the Cross rail line in London and out to nearby commuter towns is pushing up property prices with values up more than 40% since it as announced in 2007. Over the last 10 years all 40 stations along the new Elizabeth Line have recorded price growth double the rate […] The post Homes near new Crossrail stations in and around London see prices soar appeared first on PropertyWire . Continue reading →
Brexit creates opportunity for UK property investment says industry organisation
The property industry in the UK is being urged to look at and act upon the opportunities that could open up as a result of Brexit rather than focusing on the negatives. According to the Property Industry Alliance (PIA), which brings together leading representative bodies from the UK’s commercial property industry, the Government also needs […] The post Brexit creates opportunity for UK property investment says industry organisation appeared first on PropertyWire . Continue reading →