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Rents up by almost 5% year on year in Scotland in February, latest index shows

Private sector rents in Scotland increased by almost 5% in the 12 months to February 2017, taking the typical rent to £575 per month, the latest index shows. Overall rents were up by 4.9% but the buy to let index from Your Move suggests that demand is falling and this has resulted in rents falling […] The post Rents up by almost 5% year on year in Scotland in February, latest index shows appeared first on PropertyWire . Continue reading

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Sales in UK property market reach 10 year high

The number of sales agreed in the UK rose to a 10 year high in February but sales to first time buyers fell, according to the latest figures from estate agents. The data from the National Association of Estate Agents (NAEA) shows that transactions increased to 11 per branch and the last time this figure […] The post Sales in UK property market reach 10 year high appeared first on PropertyWire . Continue reading

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Formal beginning of Brexit not likely to have huge impact on UK property market

The UK property market is not set to see any major upheaval with the formal start to the two years of negotiation to leave the European Union, and might even benefit from an expected slowing in the economy. Experts point out that the market did not see any huge effect from the decision to leave […] The post Formal beginning of Brexit not likely to have huge impact on UK property market appeared first on PropertyWire . Continue reading

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