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UK rents grew by slowest annual rate since 2013 in February

Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading

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Property prices in England and Wales up 0.6% in February, annual growth down

Property prices in England and Wales increased by 0.6% in February but the annual rate of growth fell to 2.4%, the lowest since 2013, although some parts of the country are seeing stronger growth. Indeed the highest price growth for a year was recorded in Merseyside and Birmingham with new peaks of 5% and 6.2% […] The post Property prices in England and Wales up 0.6% in February, annual growth down appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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