Northern Ireland

House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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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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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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