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Rental growth slowing in London more than in rest of UK
Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK appeared first on PropertyWire . Continue reading →
Property prices in Scotland up 4% year on year
Average property prices in Scotland have increased by 4% year on year and were up 2.1% month on month in January 2017, the latest official figures show. This rise takes the average price of a home to £142,233, according to the data published by the Registers of Scotland. But sales were falling towards the end […] The post Property prices in Scotland up 4% year on year appeared first on PropertyWire . Continue reading →
Tenants in UK private sector worse off financially than people with a mortgage
People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading →