recovery
Bristol and Manchester led UK city house price growth at end of 2016
Bristol and Manchester are leading the price growth among key cities in the UK recording rises of 9.6% and 8.9% year on year, the latest index data shows. House price inflation in Manchester has hit a 12 year high with demand fat exceeding supply and London has fallen to seventh place in terms of price […] The post Bristol and Manchester led UK city house price growth at end of 2016 appeared first on PropertyWire . Continue reading →
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →
Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish
Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading →