Read more

London Homeowners Test the Waters in Brexit-Hit Housing Market

Asking prices for London homes rose this month as owners tested a fragile market before the spring selling season. Values gained 3.4 percent from January to 614,182 pounds ($788,000), property-website Rightmove said in a report published Monday. The seasonal boost still left asking prices in the capital 2.1 percent lower than a year earlier. “It […]

Read more

UK average annual rents fall for first time in six years

Buying frenzy ahead of 2016 stamp duty hike pushed up supply of new homes for letting by 10%, Countrywide figures show Rents in Britain have recorded their first annual drop for six years, according to the UK’s biggest estate and lettings agency. In February, the average rent in Britain was £921 a month, £5 lower […]