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Around half of homes in cities such as London and Manchester are leasehold
Leasehold properties, which can take longer to buy and come with additional costs, are alive and well in England and Wales, particularly in London and Manchester, new research shows. Indeed some 53% of homes in London are leasehold and 46% in Manchester while overall in the country just 15% are leasehold, according to a report […] The post Around half of homes in cities such as London and Manchester are leasehold appeared first on PropertyWire . Continue reading →
Brexit means slower house price growth and sales in UK over coming years
Economic uncertainty is set to trigger two years of very low house price growth in the UK but an extension of the low interest rate environment will prevent a price correction, says new research. Mainstream house price growth is expected to remain flat over the next year to 18 months, growing just 2% by the […] The post Brexit means slower house price growth and sales in UK over coming years appeared first on PropertyWire . Continue reading →
New property listings down by almost 7% in UK towns and cities
New property listings fell in October by 6.9% on average across the UK with four out of five towns and cities seeing a drop in supply during a typically busy month for property market activity. This is in contrast to September when property listings are generally up following the summer lull and suggests that sellers […] The post New property listings down by almost 7% in UK towns and cities appeared first on PropertyWire . Continue reading →
