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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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National home prices in Canada unchanged in January as sales fell

Home sales in Canada fell month on month at the beginning of 2017 while prices were almost unchanged in January compared to a year ago, the latest index data shows. Sales fell nationally by 1.3% compared to December 2016 but actual, not seasonally adjusted, activity was up 1.9% year on year, according to the figures […] The post National home prices in Canada unchanged in January as sales fell appeared first on PropertyWire . Continue reading

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Rents up across the UK apart from London, with rise of over 3% in some areas

Residential rents are continuing to grow across the UK with 20 areas seeing rises of more than 3% in the last year, according to the latest index report. Luton is the area with the fastest growing rents with a rise of 6.5%, followed by Northamptonshire up 5.1%, Peterborough up 4.8% and Edinburgh up 4.6%, the […] The post Rents up across the UK apart from London, with rise of over 3% in some areas appeared first on PropertyWire . Continue reading

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