Property Investor’s Factfile – January 2018 Commentary
January 2018 Property Investor´s Factfile The Property Investor’s Factfile presents a range of relevant data from national / London house prices, the latest buy-to-let Limited Company (SPV) loan rates, LIBOR / SWAP rates and rentals to mortgage debt figures and information on the first-time buyer sector. Below are some noteworthy observations over the last month: Property Market Trends The Halifax reported slower growth in property prices over the course of 2017 (2.7% relative to 6.5% in 2016). Managing director of Halifax Community Bank Russell Galley commented: “we expect annual price growth to continue in the range of 0-3% at the end 2018”. Galley also stated that: “prices [in 2018] are likely to be supported by the ongoing shortage of properties for sale, low levels of housebuilding, high employment and a continuation of low interest rates making mortgage servicing affordable in relative terms”; Similar... [Read More]