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People will be able to see how every pound of property developers’ cash, levied on new buildings, is spent supporting the new homes their community needs under new rules that are now in force. Builders already have to pay up for roads, schools, GP surgeries and parkland needed when local communities expand but councils were […]
The post Public now able to find out what builders pay for on new housing developments appeared first on PropertyWire.
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Although you need to be aware that average figures are not always indicative of what is happening on the ground in a particular area, today it really is all about the numbers and they currently show price growth slowing and rents rising. Annual house price growth has now remained below 1% for nine months in […]
The post It really is all about the numbers appeared first on PropertyWire.
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The total value of commercial property sales in Scotland fell in the second quarter of 2019 but for the first time since 2015 the market in Glasgow outperformed, the latest sector analysis shows. Overall, at £614 million, commercial sales were the lowest in five years, the report from the Scottish Property Federation (SPF) shows, however […]
The post Scottish commercial property sales fell in second quarter of 2019, but not in Glasgow appeared first on PropertyWire.
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The average premium of a new build home in the UK over an existing property is almost a third, but in some locations the premiums is as high at 108%, new research has found. The current average price of a new build is £290,176, compared with £224,729 for an existing home, a mark-up of 29%, […]
The post Analysis reveals areas with top new build price premiums appeared first on PropertyWire.
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The latest industry figures show that gross mortgage lending in the UK in July was 2.9% higher than the same month in 2018 and the highest since March 2016. This totalled £26.1 billion and there were 95,126 mortgages approved by the main High Street banks in July 2019, the highest monthly total since July 2009 […]
The post UK gross mortgage lending up almost 3% in July, highest since 2016 appeared first on PropertyWire.
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Annual house price growth remained subdued in the UK in August, up just 0.6%, and unchanged month on month, after taking account of seasonal factors, the latest lender index shows. The flat month on month figure follows a monthly gain of just 0.3% in the previous month. The average price was £216,096, according to the […]
The post Annual property price growth in UK below 1% for ninth month in a row appeared first on PropertyWire.
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Rents in the UK’s private rented sector increased to a record high in July for a third consecutive month, the latest figures from letting agents shows. ARLA Propertymark’s July Private Rented Sector (PRS) report shows that rent prices rose to a new record high for the third consecutive month. The number of tenants facing rent […]
The post Rents reach record high in UK for third month in a row appeared first on PropertyWire.
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Two thirds of aspiring first time buyers feel they are stuck in a rental trap but attitudes to shared ownership and Help to Buy are changing, according to new research. A few years ago, research would have suggested that the majority of first time buyers were not aware of such schemes available but now it […]
The post Two thirds of would be first time buyers feel trapped in a rented home appeared first on PropertyWire.
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Over 90,000 sales were submitted for registration by the Land Registry in England and Wales in July, official figures show. Of these 72,327 were freehold, a 0.7% increase on July 2018, and 13,632 were newly built, a 15.3% increase on July 2018. The data also shows that the most expensive residential property sold in July […]
The post More than 90,000 sales registered in England and Wales in July appeared first on PropertyWire.
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Take-up for July in the City of London reached 1.02 million square feet across 29 deals, more than double the 420,000 square feet completed in June and the strongest single month take-up in almost two years. The City Office Market Watch report from Savills also shows that over half, some 591,000 square feet or 58%, […]
The post City of London records exceptional month of office take up appeared first on PropertyWire.
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