More rental properties are coming onto the market in the UK and as a result prices are falling, according to the latest rental index from FindaProperty. The number of available rental properties rose to its highest point since August 2009, triggering a 3.3% decrease in asking prices which fell from an average £890 per month [...]
The UK residential property market is expected to be stable in 2012 with little change in prices overall although the outlook is uncertain, according to the latest prediction report from the Halifax. Analysts expect the Bank of England’s base rate to remain at 0.5% throughout the year and although there will be weak economic growth, [...]
First time buyer affordability in the UK is at an eight year high but fewer are buying properties, new research from one of the biggest lenders reveals. The average deposit is down 15% but the total number of first time buyers is at its lowest since 1974, according to the Halifax First Time Buyer Review [...]
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UK flat sharers face paying the highest property rents in Europe, some 5% higher than France, the second most expensive, new research shows. The UK is the least affordable country, with 15% of gross earnings being spent on rent, compared to 12% in Spain and London is the priciest city, with an average monthly rent [...]