The rate of growth in English residential development land values slowed rapidly in the final quarter of 2010, according to Knight Frank’s Residential Development Land Index.
While Greenfield land managed a rise of 2% during the period, English urban land values fell by 1%, and in Greater London the fall was more significant, at -2.5%.
The only [...]
Loan to Value ratios
Mortgage lending stable in November
Mortgage lending remained stable in November of last year, compared with October, with the UK’s banks and building societies advancing 44,000 loans for house purchase (worth £6.3 billion), according to new data from the Council of Mortgage Lenders (CML).
However, compared with a year earlier, the figures are down 15% by volume and 13% by [...]
