Uncertainty over the EU referendum has driven the biggest fall in the number of people trying to buy a property since the financial crisis and deterred sellers from putting their homes on the market, according to the latest report from surveyors. The fall in buyer inquiries is expected to lead to a drop in UK … Read more

UK:Jump in mortgage approvals hits six-year high as housing market bounces back

The number of mortgage applications given the green light increased by 6,131 from March to April, the biggest jump in six years and a early sign that the UK housing market is bouncing back after a muted six months and disruption caused by the general election. New data from the Bank of England showed that … Read more

It’s Party Time in UK Property Market

Real estate in the U.K. is reaching boiling point. “There are still opportunities in commercial real estate, but it is incredibly hot out there,” Mat Oakley, head of commercial research at Savills, said on Tuesday to a suited group of industry participants in central London. U.K. property markets are booming amid a rush of foreign … Read more

British Housing Market: ‘Asking Prices Hit Record’

A property website say house prices might be on the march again because people are holding on until after the election. Report: Asking prices are rising because sellers are in the minority A shortage of homes and high demand for properties have combined to drive asking prices to a new record high, according to Rightmove. … Read more