Prime Property
Gap between London house prices and rest of England and Wales widens
The gap in average house prices between London and the rest of England and Wales has significantly widened over the past 20 years, new research shows. Overall the research from Lloyds Bank shows that London house prices are now nearly 12 times average earnings and the private housing stock in London is worth £1.27 trillion, […] The post Gap between London house prices and rest of England and Wales widens appeared first on PropertyWire . Continue reading →
New rents in UK up 2.6% in January, but falling in London
New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading →
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 →