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Gap between London house prices and rest of England and Wales widens

The gap in average house prices between London and the rest of England and Wales has significantly widened over the past 20 years, new research shows. Overall the research from Lloyds Bank shows that London house prices are now nearly 12 times average earnings and the private housing stock in London is worth £1.27 trillion, […] The post Gap between London house prices and rest of England and Wales widens appeared first on PropertyWire . Continue reading

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UK Government pledges to build more homes more quickly to buy and rent

New measures to reduce the obstacles to new house building and improve affordability for buyers and tenants have been announced by the UK Government in a much awaited Housing White Paper. The report reveals that more than a third of new homes that were granted planning permission between 2010/2011 and 2015/2016 have yet to be […] The post UK Government pledges to build more homes more quickly to buy and rent appeared first on PropertyWire . Continue reading

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Development land market in UK rebounds from post Brexit slowdown

The development land market in the UK returned to more normal conditions at the end of 2016 recovering from the market caution immediately after the vote in June to leave the European Union, according to new research. However, land buyers are being more selective, seeking more due diligence and negotiating deferred payments in many cases, […] The post Development land market in UK rebounds from post Brexit slowdown appeared first on PropertyWire . Continue reading

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