UK housing

Aerial Views Of Residential Property In Bristol

Sluggish Growth On British House Prices Due To Mortgage Approvals Dip

The house prices in UK grows slower than expected due to the mortgage approvals dip in the previous month. However, the number is still higher compared to the one in 2014. With some factors related to wages raise and unchanged interest rates, there is likely an increase in the housing demand shortly.

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Increase In Council Houses Being Bought Through Right To Buy

Millennials prefer rented accommodation in London

Rents in London were up over eight percent, while overall national average was 4.8 percent in 2015. Majority of millennials prefer rented accommodation rather than buying a house or flat. Millennials are not bothered about maintenance works and other mortgage tension these days. The Generation Rent also considers buying a property is very expensive.

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