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Average rents on newly let properties in Britain increased by 1.9% in July to reach £982 per calendar month with Scotland seeing the strongest growth, according to the latest agency index. The data from Hamptons International shows that rents in Scotland rose by 5.2% in the year to July to an average of £683, followed […]
The post Rents rise across Britain in 12 months to July apart from in the Midlands appeared first on PropertyWire.
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Most metro areas in the United States saw price gains while the supply of homes for sale grew only marginally in the second quarter of 2019, according to the latest research from realtors. Single family median home prices increased year on year in 91% of measured markets in the second quarter, with 162 of 178 […]
The post Property prices increased in most metro areas in the US in the second quarter of 2019 appeared first on PropertyWire.
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The UK’s best universities for affordable rent and high rental yields are revealed in a new study with the cheapest rents found near Lancaster and Aberdeen universities. Using data from PropertyData, research by flat-sharing website Ideal Flatmate, looked at the average monthly rent for the first half of the postcode of the top 50 universities. […]
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Sales in the prime central London market increased by 4% in the second quarter of 2019 compared with the first three months of the year and are set to keep rising in the next 18 months, according to the latest analysis. The number of properties being marketed also increased, up 3%, and despite prices falling […]
The post Sales increase in prime central London and price decline slows appeared first on PropertyWire.
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Some of the improvement seen in near term expectations for property sales and prices have partially reversed, with the outlook for prices turning negative again, according to the latest residential survey Buyer enquiries increase marginally for the second consecutive month in July although sales remained flat, says the residential market survey from the Royal Institution […]
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Up to half of older home owners are using equity release to repay debt as they struggle to meet payments, a new analysis has found. The study by independent equity release advisor Key, using customer data, suggests that 30% of people are using equity release to repay unsecured debt while 20% are using it to […]
The post Study reveals up to half of older home owners using equity release for debt appeared first on PropertyWire.
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Intermediary mortgage advisors are seeing an increase in new mortgage introductions from customers looking or interest only loans. They say that interest only mortgages comprised 20% of new business introduced in the second quarter of 2019, down from a peak of 28% in the second quarter of 2007 but significantly higher than 15% recorded five […]
The post Mortgage advisers point to increase in interest only business appeared first on PropertyWire.
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Annual growth in house prices in England and Wales will reach 3.1% in September and 2.8% in October, the highest level seen since November 2018, according to the latest forecast. The boost will be due to buyers racing to complete deals before the Brexit deadline of 31 October, according to the forecast from reallymoving. Overall, […]
The post Forecast for price boost in the UK as buyers rush to beat Brexit deadline appeared first on PropertyWire.
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Rents in the private rented sector in the UK fell month on month in over 50% of the country in July with the biggest drop in the West Midlands, according to the latest index. Overall average rents dropped in five of the eight UK regions monitored by property technology company Goodlord with a 1.11% fall […]
The post Average rents fall in more than half of the UK in July appeared first on PropertyWire.
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On a monthly basis, house prices fell in the UK by 0.2% in July and by 0.4% quarter on quarter, according to data from the latest lender index, taking the average to £236,120. It means that prices are still 4.1% above where they were in July 2018, but this comes against a backdrop of low […]
The post Average house prices fall for second month in a row, lender index shows appeared first on PropertyWire.
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