Residential
Signs of central London prime rental market reviving post Brexit
The number of new rental properties placed on the prime property market in central London the three months to July increased by almost 40% as rents fell by 4.1%, according to the latest index. The number of new prospective tenants also increased, up by 7.2%, while the number of tenancies agreed increased by a fifth […] The post Signs of central London prime rental market reviving post Brexit appeared first on PropertyWire . Continue reading
Average UK house prices up 8.3% year on year, official index data shows
Average house prices in the UK increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and […] The post Average UK house prices up 8.3% year on year, official index data shows appeared first on PropertyWire . Continue reading
Asking prices falling in UK, particularly London and South East
Most recent data has been upbeat about the British property market but the latest index report suggests that asking prices are falling, particularly in London and the South East, and that the trend is likely to continue. Asking prices in the UK fell by 0.2% month on month but are still 4.6% higher than September […] The post Asking prices falling in UK, particularly London and South East appeared first on PropertyWire . Continue reading
