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Fewer people are home owners in the UK than other European nations

It is often said that the UK is a nation of home owners and more people own their home than in many other parts of Europe but new data suggests otherwise. While 65% of people are home owners in Britain, 73% are in Italy, 79% in Spain and 84% in Poland with France having the […] The post Fewer people are home owners in the UK than other European nations appeared first on PropertyWire . Continue reading

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House building land in UK affected by developers post Brexit sentiment

Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading

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Residential asking prices in England and Wales down 1.1%

The asking price of property coming onto the market in England and Wales fell by 1.1% in November but it was a smaller drop than the 1.8% average over the last six years showing signs of a resilient market. The figures from the latest Rightmove residential index also show that prices are still 4.5% above […] The post Residential asking prices in England and Wales down 1.1% appeared first on PropertyWire . Continue reading

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