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House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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San Francisco and London most expensive cities to rent a home

San Francisco, London, Hong Kong and Tokyo are the most expensive cities in the world to rent a one bedroom apartment, according to new research. Average rental prices account 47% of average salaries in San Francisco, 45% in London, 44% in Hong Kong and 42% in Tokyo, according to the rankings of 20 top cities […] The post San Francisco and London most expensive cities to rent a home appeared first on PropertyWire . Continue reading

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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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