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New rents in UK up 2.6% in January, but falling in London

New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading

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London will no longer be the driving force of UK property prices in 2017

House prices in the UK are likely to see a steady rise of 5% in 2017 but London will no longer be the driving force behind property growth, according to a new analysis report. Indeed, the prime central London property market is expected to be static during the year and could even see prices fall […] The post London will no longer be the driving force of UK property prices in 2017 appeared first on PropertyWire . Continue reading

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Number of homes worth a million dollars or more soars in Australia

There was a time in which having a home in Australia worth $1 million or more meant that the property was exclusive and rare but now the number of areas with properties in this price bracket have soared. The latest data shows that in the five years to the end of December 2016 the numbers […] The post Number of homes worth a million dollars or more soars in Australia appeared first on PropertyWire . Continue reading

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