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Brexit accelerated slowdown in prime central London property market, analysis suggests

The decision by the UK to leave the European Union accelerated the slowdown in the prime property market in central London but it is now seeing a more normal amount of activity, according to the latest research. The latest analysis from real estate firm Cluttons eight months on from the referendum on membership of the […] The post Brexit accelerated slowdown in prime central London property market, analysis suggests appeared first on PropertyWire . Continue reading

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UK property lending market sees rise in buyers with smaller deposits

Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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