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Signs of central London prime rental market reviving post Brexit
The number of new rental properties placed on the prime property market in central London the three months to July increased by almost 40% as rents fell by 4.1%, according to the latest index. The number of new prospective tenants also increased, up by 7.2%, while the number of tenancies agreed increased by a fifth […] The post Signs of central London prime rental market reviving post Brexit 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
Average rent for one bed property in UK now over £1,000 a month
The average rent for a one bed property in the UK increased by 0.1% month on month to over £1,000 in August and are up 1.7% year on year, according to the latest index. But the nationwide figure is being skewed by growth in London as the average one bedroom rent when the capital city […] The post Average rent for one bed property in UK now over £1,000 a month appeared first on PropertyWire . Continue reading
