LONDON Britain's housing market had its weakest month since just after June's Brexit vote in December as house price growth slowed and the number of homes sold fell slightly, a closely watched survey of property valuers showed on Wednesday.
LONDON Growth in British house prices picked up speed for the second month in a row in December, helped by a shortage of homes to buy, but price increases are likely to slow in 2017, mortgage lender Halifax said on Monday.
LONDON British consumer borrowing increased by the biggest amount in more than 11 years in November, boosting the unexpectedly robust post-Brexit vote economy in what could prove to be a big spending spree ahead of an expected rise in prices.
LONDON British house prices rose faster than expected in December, but the pace of growth is likely to slow in 2017 amid uncertainty about economic developments, mortgage lender Nationwide said on Thursday.
LONDON The number of mortgages approved by British banks fell slightly last month after hitting a five-month high in October, while consumer credit continued to expand strongly, industry figures showed on Wednesday.
LONDON Britain set up a new annual 60 million pound fund on Friday to help build more homes in areas hit by high levels of second-home ownership, paid for by a levy introduced in April on the purchase of additional homes.
LONDON British house prices are likely to rise on average by 3 percent next year as a shortage of new homes coming to the market continues to push up prices, the Royal Institution of Chartered Surveyors (RICS) said on Wednesday.
LONDON The number of properties sold in central London's priciest areas halved in the three months after June's Brexit vote, hit by the uncertainty created by the referendum and a tax hike, according to official data analysed by a residential fund.
LONDON London rents, which are amongst the highest in the world, have fallen this year for the first time since 2010 as landlords rushed into the rental market before a tax increase in April, a report published on Friday showed.
LONDON Firms offering riskier products should pay higher levies to a fund used to compensate consumers of pensions, credit and investment funds, Britain's financial watchdog said in proposals published on Wednesday.