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Wealthier property buyers looking east in London

There is a polarisation in the London residential property market with a new analysis suggesting growth is rising in the east of the city while central hotspots have cooled. Parts of central London have seen prices and sales falling while boroughs such as Havering and Barking and Dagenham are attracting more buyers, according to the […] The post Wealthier property buyers looking east in London appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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Average prices in prime central London market reached a new high in 2016

Average prices in the prime central London property market reached a new high of £1,818,262 in 2016 with the market rallying in the final quarter of the year, a new analysis suggests. Indeed, in the final three months of the year prices in this sector increased 14% quarter on quarter and overall the year ended […] The post Average prices in prime central London market reached a new high in 2016 appeared first on PropertyWire . Continue reading

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