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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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Rent rises inevitable as more tenants still chasing fewer homes to rent in UK

The number of people looking for a home to rent in the UK is much bigger than the rental supply available, the latest monthly research shows. Lettings agents point out that the private rented sector is currently out of balance and it means that it is inevitable that as long as it stay that way […] The post Rent rises inevitable as more tenants still chasing fewer homes to rent in UK appeared first on PropertyWire . Continue reading

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Almost all Government land pledged for new home building in England now identified

Some 90% of land owned by the Government that it has pledged to release for new home building in England has been identified within various departments, according to the first report into the surplus land programme. The aim is to sell land for at least 160,000 homes by the end of March 2020 which was […] The post Almost all Government land pledged for new home building in England now identified appeared first on PropertyWire . Continue reading

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