affordable

Home lending declined in UK in July but too early to blame Brexit

Home owners in the UK borrowed £10.6 billion for house purchases in July, down 13% month on month and 12% year on year, the latest data from lenders shows. They took out 58,100 loans, down 14% on June and 13% on July 2015, according to the data from the Council of Mortgage Lenders which is […] The post Home lending declined in UK in July but too early to blame Brexit appeared first on PropertyWire . Continue reading

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Property market recovery in Scotland continues with prices up 3% year on year

The property price recovery in Scotland is continuing with the latest index showing values increased by 3% or £4,932 in July compared to the same month last year. This takes the average price in Scotland to £169,807 and the data from the Your Move Acadata house price index also shows that month on month prices […] The post Property market recovery in Scotland continues with prices up 3% year on year appeared first on PropertyWire . Continue reading

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Fewer new tenancies are being agreed at asking price, research shows

Fewer people are paying above the asking rental price for a home in central London with only 8% doing so in August, down from 17% in the same month last year, new research shows. While in Greater London some 13% of rentals were let above their asking price, a fall of 4%, the data from […] The post Fewer new tenancies are being agreed at asking price, research shows appeared first on PropertyWire . Continue reading

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