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Wednesday 26th August, Property media watch:
Today’s local stories in the property world:
Property price growth picks up pace across UK cities, latest index shows – Property Wire
“Property price growth in key UK cities has picked up pace with annual growth running at 8.5%, up from 7.2%, according to the latest index from real estate analytics firm Hometrack. Growth over the last three months of 4.3% is at the fastest rate for 11 years, the data from the index, which covers 20 main cities, shows.”
“Property price growth in key UK cities has picked up pace with annual growth running at 8.5%, up from 7.2%, according to the latest index from real estate analytics firm Hometrack. Growth over the last three months of 4.3% is at the fastest rate for 11 years, the data from the index, which covers 20 main cities, shows.”
Remortgage lending up 47% in July – Property Reporter
“The number of remortgage loans rose 47% between June and July – the highest figure seen since November 2008. LMS estimates that the value of monthly gross remortgage lending increased by 41% to £7.2bn in July, and rose by 89% from July last year. This is the largest amount since October 2008 and is a massive boost to the industry following a slow start to the year for remortgaging.”
“The number of remortgage loans rose 47% between June and July – the highest figure seen since November 2008. LMS estimates that the value of monthly gross remortgage lending increased by 41% to £7.2bn in July, and rose by 89% from July last year. This is the largest amount since October 2008 and is a massive boost to the industry following a slow start to the year for remortgaging.”
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The stories above are from various media sources, they do not necessarily reflect the views of James Laurence Sales and Lettings.
