Property News
US homes values growing faster than expected, latest data shows
Property Wire - 27 May 2016 16:57
Home values in the United States are appreciating faster than experts expected, rising almost 5% over the past year, according to the latest index report. The April real estate market report from Zillow also shows that t...
Remortgaging in UK hits seven year high of £6.4 billion in April
Property Wire - 27 May 2016 16:36
The value of remortgage lending in the UK has increased 48% year on year and is the largest amount recorded since November 2008, the latest data shows. The figures from LMS also show that the number of borrowers remortga...
New report sets out how sensitive the UK housing market is to the economy
Property Wire - 27 May 2016 14:40
There are almost 30 million residential properties in the UK with the market linked to income, wealth and availability of income which makes is sensitive to the overall economic climate, according to a new report. The ov...
New research reveals lack of affordable homes in London
Property Wire - 27 May 2016 10:51
With the average price for a property in London now exceeding £500,000 new research shows that just 46% of home listed matches this price or less. The analysis from fixed fee estate agent eMoov examined current stock le...
Official data shows home building starts falling in England in first quarter of 2016
Property Wire - 27 May 2016 09:58
The UK government has pledged to build a million new homes in the next five years but the latest construction figures show that in the first quarter of 2016 building starts were down. The data from the Department of Comm...
Home lending in Wales up year on year but down on quarterly basis
Property Wire - 27 May 2016 08:50
Lending to home owners in Wales increased by 25% year on year in the first quarter of 2016, according to the latest data from the Council of Mortgage Lenders (CML). On an unadjusted basis home owners borrowed £850 milli...