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UK property prices keep edging upwards, latest index shows

Property prices in the UK continued to push upwards in February with a rise of 0.6% month on month taking the average price to £205,846. The index date from lender the Nationwide also shows that year on year house price growth has increased by 4.5% and more households in England own their property outright than […] The post UK property prices keep edging upwards, latest index shows appeared first on PropertyWire . Continue reading

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Home affordability in UK cities at worst level since 2008

Home affordability in cities in the UK is at its worst level since 2008 with Oxford the most expensive urban location to buy a property and Stirling the cheapest, according to new research. Over the past five years, the average UK city house price has risen by 32% from £169,966 in 2012 to its highest […] The post Home affordability in UK cities at worst level since 2008 appeared first on PropertyWire . Continue reading

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Buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows

The number of buyers in London fell 3% to a four year low in the final quarter of 2016 with home lending at its lowest since 1991, the latest mortgage figures show. The London housing market is being affected by persistent affordability and supply issues with home mover activity in particular on a downward trend, […] The post Buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows appeared first on PropertyWire . Continue reading

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