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Prices in key UK cities still rising but growth expected to moderate
Property prices in key UK cities are continuing to rise, up 8.4% year on year and 2.3% quarter on quarter but the growth is slowing, according to the latest index. The annual growth is led by Bristol where prices have increased by 10.6% to £259,400 in the 12 months of October 2016 but at the […] The post Prices in key UK cities still rising but growth expected to moderate appeared first on PropertyWire . Continue reading →
UK residential rents up 2.3% year on year, but fall in Scotland
Rent prices in the UK increased by 2.3% in the 12 months to October 2016 but there are regional differences and rates have fallen in Scotland. The index data from the Office of National Statistics shows that rent increased by 2.5% in England and by 0.4% in Wales but fell by 0.2% in Scotland. The […] The post UK residential rents up 2.3% year on year, but fall in Scotland appeared first on PropertyWire . Continue reading →
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →




