Lending

The North of England and Scotland see best rise in rental yields in UK

Towns in the North of England and Scotland saw the biggest increase in rental yields at the end of 2016, achieving yields of up to 4.3% while in London they averaged just 3.2%. Properties in Manchester and Salford saw average rental yields of 6.7% and 6.6% while Cambridge provided the worst returns, with average rental […] The post The North of England and Scotland see best rise in rental yields in UK appeared first on PropertyWire . Continue reading

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Home repossessions and arrears in UK fell in 2016, latest data shows

The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading

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UK could benefit from US immigration policy as buyers seek safe haven

US President Donald Trump’s controversial immigration policies could lead to property investors from Arab countries looking for safe havens to buy property, it is suggested. Buyers from Middle Eastern and African countries, including those named in Trump’s executive order who might have invested in real estate in the US are now likely to look elsewhere. […] The post UK could benefit from US immigration policy as buyers seek safe haven appeared first on PropertyWire . Continue reading

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