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Asking prices falling in UK, particularly London and South East
Most recent data has been upbeat about the British property market but the latest index report suggests that asking prices are falling, particularly in London and the South East, and that the trend is likely to continue. Asking prices in the UK fell by 0.2% month on month but are still 4.6% higher than September […] The post Asking prices falling in UK, particularly London and South East appeared first on PropertyWire . Continue reading
Australian capital city rents down 0.3% in August
Residential rent prices in Australia’s capital cities fell by 0.3% in August, taking the median rent to $481 per week, the lowest since November 2014. It means that over the past year rental rates have fallen by 0.5% and are now 1.4% lower than when they peaked back in May 2015. In contrast, city rental […] The post Australian capital city rents down 0.3% in August appeared first on PropertyWire . Continue reading
First time buyers facing higher prices also have less mortgage choice, says new report
The average cost of a first time buyer home in the UK reached £161,912 in June which means that the need for high loan to value lending is increasing, according to a new report. However, the number of high loan to value (LTV) mortgage products has fallen for the two consecutive months since the UK […] The post First time buyers facing higher prices also have less mortgage choice, says new report appeared first on PropertyWire . Continue reading
