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Asking prices in England and Wales down 2.1% month on month

Residential asking prices in England and Wales fell by 2.1% this month compared to November but the decline is in line with the usual seasonal rates, according to the latest index to be published. Prices of properties now coming onto the market are still 3.4% higher than they were a year ago with the average […] The post Asking prices in England and Wales down 2.1% month on month appeared first on PropertyWire . Continue reading

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UK financial watchdog to see if current mortgage market can be improved for buyers

The UK’s financial watchdog has launched a market study to consider whether competition in the housing mortgage sector can be improved to benefit consumers. The Financial Conduct Authority (FCA) said it wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand […] The post UK financial watchdog to see if current mortgage market can be improved for buyers appeared first on PropertyWire . Continue reading

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Slow start to UK housing market expected in 2017 due to lack of supply

Sales activity in the UK residential property market is increasing but a slow start to 2017 is expected due to a lack of stock, according to the latest index report. Interest from new buyers increased marginally in November 2016 for the third consecutive month but the figure remains historically low with 13% more surveyors reporting […] The post Slow start to UK housing market expected in 2017 due to lack of supply appeared first on PropertyWire . Continue reading

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