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UK house prices ended 2016 with strong growth, latest index shows

House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading

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UK Government backs help for leasehold property owners

The UK Government has committed substantial investment to ensure a greater transparency in residential property leasehold tenure and make it less biased and onerous. It is offering funding to LEASE, a service that provides free support and advice to leaseholders and industry professionals at a time when leasehold tenures are set to become more common. […] The post UK Government backs help for leasehold property owners appeared first on PropertyWire . Continue reading

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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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