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First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Mayor of London gives go ahead for hundreds of homes denied planning by councils

The Mayor of London has stepped in and given the go-ahead to two developments of affordable homes in the city after planning permission was refused by councils. The developments in Wealdstone and Tottenham Hale will provide what the Mayor Sadiq Khan described as hundreds of genuinely affordable homes and he said it is part of […] The post Mayor of London gives go ahead for hundreds of homes denied planning by councils appeared first on PropertyWire . Continue reading

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Rent growth slows in the UK, led by falls in London

Overall rental growth has stalled in Britain with values 0.6% lower in February than they were a year ago with the fall is driven by London, the latest index shows. While it is the first annual fall for more than six years, the data from the Countrywide lettings index shows that apart from London and […] The post Rent growth slows in the UK, led by falls in London appeared first on PropertyWire . Continue reading

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