Outlook

Increased regulation affecting access to finance for UK home buyers

The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers appeared first on PropertyWire . Continue reading

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Average property prices in Scotland rise post Brexit

Property prices in Scotland increased by 0.6% month on month in September, taking the average price above £170,000 for the first time since the vote to leave the European Union. It means the average property price increased by more than £1,000 compared to August to £170,762 and on an annual basis prices are up 2.5% […] The post Average property prices in Scotland rise post Brexit appeared first on PropertyWire . Continue reading

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House building land in UK affected by developers post Brexit sentiment

Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading

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