UK Real Estate Prices Continue Trending Upwards

A recent report by UK mortgage lender, Nationwide showed house prices in the nation increased last month having fallen slightly in June. There are now signs that they are beginning to stabilize close to the pace of earnings growth. The report from Nationwide showed that house prices rose by 0.4% which was in line with

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Rents on Residential Property Increased by 4.3% in UK

The Residential Lettings Survey for July, from the Royal Institution of Chartered Surveyors, shows the cost of renting a home in the UK rose by 4.3% over the past 12 months. Prices are expected to rise by 2% over the next six months, and by 3.9% during the next 12 months, and it’s estimated that gross yields are now averaging 5.2%.

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