In this month's edition, we take a look at why mortgage approvals increased last December and confounded market expectations, even with Brexit looming ever closer.
We also investigate why 2018 was the best year for renters in a decade and there's news on an increase in both housing supply and demand, according to recently released statistics.
General | Special Offers | Local Interest | Marketing
Research from chartered surveyor e.surv has shown that mortgage approvals reached a peak of 66,390 in December of last year, which amounts to a 7.8% annual increase. This seasonal rise has led to claims that there is a pre-Brexit rush to purchase property, and that the political uncertainty arising from the imminent break with Europe is actually fuelling current demand in the property market.
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General | Special Offers | Local Interest | Marketing
After 10 years of increasing rental prices, 2018 bucked the trend and was the first year since the global financial crisis of 2008 to record a decrease in average rents.
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General | Special Offers | Local Interest | Marketing
If you’re of the mindset that the property market is in the midst of a period of difficulty, then the latest figures from the NAEA will surely change your mind.
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