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Property sales and prices up across Scotland, latest official figures show
Property prices are continuing to rise in Scotland annually and month on month while sales have increased substantially towards the end of 2016, the latest index shows. Average prices were up 1.5% month on month in November 2016 and 3.3% year on year to an average of £143,033, according to the data from the Registers […] The post Property sales and prices up across Scotland, latest official figures show appeared first on PropertyWire . Continue reading →
Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →