uncertainty
Asking rental growth slowing in UK, especially London and South East
Rent growth in the UK is slowing, particularly in London and the South East, but up overall 3% in October year on year, the latest index shows. New tenancy rents were on average £902 per month, according to the HomeLet rental index which suggests that landlords appear to be balancing affordability with returns. It was […] The post Asking rental growth slowing in UK, especially London and South East appeared first on PropertyWire . Continue reading →
Mortgage arrear rate in UK at 20 year low
The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading →
Buyer demand in UK residential market up for second month in a row
Buyer demand in the UK has increased for a second month in a row but they may find that there is not enough choice as supply remains low, according to the latest residential analysis report. The October monthly report from the Royal Institution of Chartered Surveyors (RICS) shows that across the country 10% more respondents […] The post Buyer demand in UK residential market up for second month in a row appeared first on PropertyWire . Continue reading →