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UK’s private rented sector could decline significantly by end of 2017

The private rented sector in the UK could be set to contract in size as property sales by existing landlords are predicted to outstrip purchases by the end of this year, it is suggested. The warning from the National Landlords Association (NLA) comes at a time when the latest English Housing Survey shows that the […] The post UK’s private rented sector could decline significantly by end of 2017 appeared first on PropertyWire . Continue reading

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First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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