Guaranteed rent in Lewisham | UK having a bouyant property market but London market is slowing
Guaranteed rent in Lewisham – According to the reseach. UK, excluding London seen new buyers rise 21% annually and 2% increase on property instruction. While describing the property market as bouyant with a price increase of 1% on last month and 8% annually.
Guaranteed rent in Lewisham | Inspite of this bouyant market, London market seems slowing. In London the new instructions is up to 8% in a month and 8% increase annually but new buyers registrations is decreasing 14% on the month.
For every new property in the capital their are 11 new buyers, droping from 14 last month. Data showing that London house prices is flat on the month, but increasing 21% annually. Guaranteed rent in Lewisham
The overall mortgage applications is bouncing back following the new MMR regulations which is introduced in April and also increased 13% on the month.
Guaranteed rent in Lewisham | Property demand in the UK still robust as new buyer registration increasing over 10 times the rate of new instructions which is 2% up.
With 6 buyers for every property coming into the market, London seems to be a slight cooling in demand. Leading in the adjustment in pricing, with prices stays flat in the month as vendors looking to be more flexible in their view on the selling price. Guaranteed rent in Lewisham