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Surveyors forecast UK house prices will rise by 3% in 2017
House prices in the UK will see an average increase of 3% over the course of 2017 and sales numbers are likely to stabilise, according to surveyors. But the shortage of supply will continue and this could be the main driver behind higher prices while rents are expected to increase by up to 3%, says […] The post Surveyors forecast UK house prices will rise by 3% in 2017 appeared first on PropertyWire . Continue reading →
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →
Rents in UK set to rise by 15% over next three years, agents suggest
Rents in England are set to rise by 15% over the next three years but the amounts will vary from region to region, according to a new forecast. Agents are predicting that rents are likely to rise faster than house prices as landlords find ways of coping with extra costs due to ta changes, tougher […] The post Rents in UK set to rise by 15% over next three years, agents suggest appeared first on PropertyWire . Continue reading →




