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New home starts in England up by 5% last year, but completions fell

The number of new homes started in England continued to rise last year and reached the highest level since 2007, the latest official data shows. Some 153,370 new homes were started in the year to December 2016, up 5% on the previous year and more than 140,500 homes were completed in the same period, according […] The post New home starts in England up by 5% last year, but completions fell appeared first on PropertyWire . Continue reading

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Brexit hits UK rural land market with demand, rents, yields and prices falling

Brexit uncertainty is affecting the rural land market in the UK with demand falling and in turn having an impact on prices, the latest analysis shows. Demand has now been falling for the last 18 months with concerns about future subsidies once the UK leaves the European Union and low commodity prices weighing on the […] The post Brexit hits UK rural land market with demand, rents, yields and prices falling appeared first on PropertyWire . Continue reading

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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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