Commentary on March / April Property Investor´s Factfile
March / April 2017 Property Investor´s Factfile The Property Investor Blog´s monthly factfile aims to present relevant data including national / London house prices, the latest buy to let Limited Company (SPV) loan rates, LIBOR / SWAP rates, rental data, mortgage debt figures and information on the first-time buyer sector. Some noteworthy observations from the last month are outlined below: The Nationwide house price index reported a drop of 0.3% between February and March 2017, annual growth softening to 3.5% as well as “some convergence in regional price growth, with the gap between weakest and strongest performing regions narrowest since 1978.” Rightmove´s most recent national asking price index indicated a 1.27% rise in prices between February and March and (arguably more reliable) data from the Land Registry reported a 0.59% drop between December and January[1]; In Greater London, Westminster´s noteworthy property price growth of 2.52%[2] between November and December 2016... [Read More]