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News related to property market

UK home owners set to spend £6 billion on property upgrades in next three years
2014-10-24 12:03:20 [Europe]
Nearly a third of UK home owners are looking to carry out work on their home in the next three years, with up to £6 billion in projected works planned annually over the next three years.Read full article: [UK home owners set to spend £6 billion on property upgrades in next three years]
 
UK mortgage holders expect to be in a better financial position in three years
2014-10-24 08:54:16 [Europe]
Some 60% of mortgage holders in the UK anticipate that they will be in the same financial position or better in three years' time even though the majority expect interest rates to rise.Read full article: [UK mortgage holders expect to be in a better financial position in three years]
 
Bermuda named as the ultimate island location to buy a trophy property
2014-10-24 06:57:55 [Global News]
Bermuda has been named as the top island in the world for wealthy people buying real estate who are seeking the ultimate luxurious and private space.Read full article: [Bermuda named as the ultimate island location to buy a trophy property]
 
Prime central London house prices expected to be flat for rest of 2014
2014-10-23 15:40:20 [Europe]
House prices in the prime London market are expected to stay flat until end of the year after slowing considerably in the third quarter of the year.Read full article: [Prime central London house prices expected to be flat for rest of 2014]
 
Sharp increase in house building boosts UK construction market
2014-10-23 09:58:05 [Europe]
A sharp rise in private housing and private commercial construction activity has pushed up workloads at the fastest rate since 1994, according to the latest RICS survey.Read full article: [Sharp increase in house building boosts UK construction market]
 
Advertised rents growth varies considerably in the UK
2014-10-23 09:35:00 [Europe]
The South East of England, East Anglia and Scotland have seen advertised residential rents reach record highs in the third quarter of 2014, according to the latest published index.Read full article: [Advertised rents growth varies considerably in the UK]
 
Prime central London property market sees second quarter of sales decline
2014-10-22 16:20:47 [Europe]
The prime central London property market is seeing further adjustments with the latest figures showing that the overall value of properties transacted is down 21.1%.
Read full article: [Prime central London property market sees second quarter of sales decline]
 
UK property becoming increasingly important part of retirement planning
2014-10-22 16:03:04 [Europe]
Property is becoming an increasingly important part of retirement planning in the UK with new figures showing a surge in the number of retirees using the wealth stored in their home to fund their retirement.Read full article: [UK property becoming increasingly important part of retirement planning]
 
Rent rises in Scotland cool off from August peak, latest index shows
2014-10-22 15:21:45 [Europe]
Average rents in Scotland fell by 0.2% in September to £536 per month but they climbed to a new peak in Edinburgh, according to the latest buy to let index.Read full article: [Rent rises in Scotland cool off from August peak, latest index shows]
 
New online services launches to help UK landlords with immigration checks
2014-10-22 06:55:54 [Europe]
A new service for UK landlords has been launched to help them cope with the new legislation that means they must check the immigration status of potential tenants before agreeing a rental.
Read full article: [New online services launches to help UK landlords with immigration checks]
 
HMRC figures shows UK property sales cooling
2014-10-21 14:04:11 [Europe]
Sales of properties in the UK fell by 4.8% between August and September but are still 5% higher compared to the same period in 2013, the latest data shows.Read full article: [HMRC figures shows UK property sales cooling]
 
Overseas investors become largest investors in UK commercial property
2014-10-21 10:02:21 [Europe]
Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data shows.Read full article: [Overseas investors become largest investors in UK commercial property]
 
UK property prices expected to rise 9% this year and 5% in 2015
2014-10-21 09:31:37 [Europe]
Property prices across the UK are set to finish 2014 up by 9% and rise another 5% in 2015, according to the latest outlook report.Read full article: [UK property prices expected to rise 9% this year and 5% in 2015]
 
Falling property prices in Singapore expected to dive next year by up to 20%
2014-10-21 08:07:37 [Asia]
Singapore's private residential property prices experienced steady declines in September, according the latest quarterly data from the Urban Redevelopment Authority.Read full article: [Falling property prices in Singapore expected to dive next year by up to 20%]
 
Non home owners in the UK despair at lack of affordable housing to buy
2014-10-20 15:31:24 [Europe]
British house hunters feel increasingly disenfranchised by the lack of affordable housing, new research has found.Read full article: [Non home owners in the UK despair at lack of affordable housing to buy]
 
Sales up over 50% year on year in prime Alpine resorts
2014-10-20 13:38:10 [Europe]
The prime ski property market in the Alps is continuing on its upward path with sales volumes up 52% year on year, according to the latest index from Savills.Read full article: [Sales up over 50% year on year in prime Alpine resorts]
 
UK mortgage activity has reached a plateau, latest data suggests
2014-10-20 11:47:22 [Europe]
Lending for homes in the UK has reached a plateau with concerns about interest rate rises affecting activity, according to the latest figures.Read full article: [UK mortgage activity has reached a plateau, latest data suggests]
 
Average rental prices down across much of the UK in September
2014-10-20 10:19:48 [Europe]
Rental price growth across the UK continued to ease in September, with twice as many regions in the UK seeing rental price falls than those recording an increase in rental prices, the latest figures show.Read full article: [Average rental prices down across much of the UK in September]
 
Research reveals almost half of UK non-home owners think they will never buy
2014-10-20 09:04:23 [Europe]
Almost half of non-home owners in the UK don’t ever expect to own their own place and 1.1 million, or 7%, would consider moving abroad to fulfil their dream of owning a property, new research has found.Read full article: [Research reveals almost half of UK non-home owners think they will never buy]
 
Madrid set to outperform other European office property markets
2014-10-17 15:24:30 [Europe]
There has been good news for the residential market in Spain with sales steadily increasing and now the country’s commercial property market, particularly in Madrid, is striding ahead.Read full article: [Madrid set to outperform other European office property markets]
 
UK mortgage lenders braced for further interventions despite market growth cooling
2014-10-17 14:21:45 [Europe]
Mortgage lenders and brokers expect further interventions by the Bank of England’s Financial Policy Committee (FPC) despite market growth cooling, according to new research.Read full article: [UK mortgage lenders braced for further interventions despite market growth cooling]
 
Average rents in England and Wales hit all-time high
2014-10-17 10:43:32 [Europe]
Average rents across England and Wales have reached a new all-time record high of £768 per month despite a slowdown in annual rises, the latest data shows.Read full article: [Average rents in England and Wales hit all-time high]
 
Second steppers finding it hard financially to move up housing ladder
2014-10-17 08:31:42 [Europe]
Second Steppers in the UK need to find an extra £58,400 to fund the move to their second home, over double the average first time buyer deposit, according to new research.Read full article: [Second steppers finding it hard financially to move up housing ladder]
 
Half of over 40s think they will still have a mortgage or rent during retirement
2014-10-17 08:06:10 [Europe]
Half of people aged over 40 believe they will still be repaying their mortgage or paying rent when they retire, new research has found.Read full article: [Half of over 40s think they will still have a mortgage or rent during retirement]
 
Review of UK housing and planning policies widely welcomed
2014-10-16 14:50:12 [Europe]
Changes need to be made to housing and planning policies in the UK to ensure enough new homes are being built, according to a property market review.Read full article: [Review of UK housing and planning policies widely welcomed]
 
Dubai sees strongest prime rental price growth, latest global cities index shows
2014-10-16 14:26:42 [Global News]
Dubai has seen the strongest prime rental market growth in the second quarter of 2014 although overall many cities have seen falling rents.Read full article: [Dubai sees strongest prime rental price growth, latest global cities index shows]
 
Majority of UK buyers and sellers have had problems with estate agents, new research shows
2014-10-16 11:26:31 [Europe]
Nearly two thirds of buyers and sellers have experienced problems with their estate agent in the last five years, according to new research.Read full article: [Majority of UK buyers and sellers have had problems with estate agents, new research shows]
 
Average house prices in the UK fell by 1.1% last month, the latest data shows
2014-10-16 09:31:13 [Europe]
Average house prices in the UK fell 1.1% in September but are still up 6.9% on an annual basis, according to the latest index figures to be published.
Read full article: [Average house prices in the UK fell by 1.1% last month, the latest data shows]
 
Chennai residential market proves to be the most resilient in India
2014-10-16 09:04:44 [Asia]
The Chennai residential market is one of the steadiest in India and has proved its resilience just after the global economic downturn which was one of the toughest periods for the country’s property market.Read full article: [Chennai residential market proves to be the most resilient in India]
 
All regions of the UK see a year on year rise in residential rents
2014-10-15 15:28:20 [Europe]
Rents in the UK have continued to increase steadily throughout the year with the average rent in the third quarter of 2014 reaching £903 per calendar month, according to the latest index.
Read full article: [All regions of the UK see a year on year rise in residential rents]
 
Farm land values in England up 2% in third quarter of 2014
2014-10-15 11:31:52 [Europe]
The average value of farm land in England increased by 2% in the third quarter of 2014 and has increased 12% so far in 2014, the latest index shows.Read full article: [Farm land values in England up 2% in third quarter of 2014]
 
Confidence in UK housing market falls to lowest level for a year
2014-10-15 10:29:00 [Europe]
After staying high and steady for the last year consumer confidence in the UK housing market has fallen to its lowest level in 12 months.Read full article: [Confidence in UK housing market falls to lowest level for a year]
 
House prices in Scotland fall for first time in a year
2014-10-15 10:03:46 [Europe]
Average house prices in Scotland fell by 0.2% in August, the first fall in a year as over half the country saw declines, the latest index shows.Read full article: [House prices in Scotland fall for first time in a year]
 
September real estate market moves on from election in New Zealand
2014-10-14 16:23:42 [Australasia]
There has been a notable increase in activity in the New Zealand residential real estate market with buyers and sellers putting the general election behind them.Read full article: [September real estate market moves on from election in New Zealand]
 
North American luxury ski property market sees strong price growth
2014-10-14 11:30:04 [Global News]
North America has outperformed Europe for luxury ski property value growth, seeing average prices increase by 13.3% compared to 1% in the 12 months to June 2014, a new analysis shows.Read full article: [North American luxury ski property market sees strong price growth]
 
House prices have increased strongly annually across the UK, says latest ONS index
2014-10-14 09:42:27 [Europe]
UK house prices increased by 11.7% in the year to August 2014, unchanged from the year to July 2014, according to the latest index from the Office of National Statistics (ONS).Read full article: [House prices have increased strongly annually across the UK, says latest ONS index]
 
UK asking price growth cooling but there is still momentum in some locations
2014-10-14 08:41:15 [Europe]
Recent data is showing house price growth in the UK has been cooling but the latest index report suggests there is considerable momentum, especially in the South where demand remains high.Read full article: [UK asking price growth cooling but there is still momentum in some locations]
 
Third of new homes in London in next five years set to be in the east
2014-10-14 07:45:07 [Europe]
Almost a third of all new homes planned for London over the next five years will be concentrated east of the city’s financial district, a new analysis shows.Read full article: [Third of new homes in London in next five years set to be in the east]
 
New home sales pick up in Australia, but peak of growth has passed
2014-10-13 15:33:19 [Australasia]
Sales of new homes in Australia increased in August following a weak July but an overall downward trend in total seasonally adjusted new home sales is still apparent, the latest data shows.
Read full article: [New home sales pick up in Australia, but peak of growth has passed]
 
NLA reminds UK landlords about upcoming immigration checks
2014-10-13 13:35:22 [Europe]
The National Landlords Association is reminding UK landlords about the importance of conducting tenant checks shortly before new legislation will require them to check the immigration status of every new tenant.
Read full article: [NLA reminds UK landlords about upcoming immigration checks]
 
New research reveals what new home owners spend their money on
2014-10-13 09:26:57 [Europe]
Over two thirds of first time buyers and home movers are spending up to £2,500 on their first project in their new home, according to new research.Read full article: [New research reveals what new home owners spend their money on]
 
US residential property price growth moderates for eleventh month in a row
2014-10-10 15:57:16 [North America]
Residential real estate prices saw moderating price growth for an eleventh month in a row, according to the latest figures from property data provider Clear Capital.Read full article: [US residential property price growth moderates for eleventh month in a row]
 
New property tax rates for Scotland announced
2014-10-10 06:48:45 [Europe]
A new Land and Buildings Transaction Tax (LBTT) is set to replace Stamp Duty (SDLT) for Scottish residential and non-residential property sales in April of next year.Read full article: [New property tax rates for Scotland announced]
 
Prime central London rental values up for seventh month in a row
2014-10-10 06:45:46 [Europe]
Rental values in prime central London rose for the seventh consecutive month in September, though at a slower rate than in recent months, the latest index shows.Read full article: [Prime central London rental values up for seventh month in a row]
 
Property prices in England and Wales up just 0.5% in September
2014-10-10 06:39:37 [Europe]
In many regions in England and Wales average property prices have yet to reach levels before the economic downturn and price growth is slowing, the latest index shows.Read full article: [Property prices in England and Wales up just 0.5% in September]
 
House valuations increase in the UK despite house price growth falling
2014-10-10 06:36:09 [Europe]
House price growth in the UK may be falling but last month saw a rebound in valuations activity on a monthly basis, according to the latest research from Connells Survey & Valuation.Read full article: [House valuations increase in the UK despite house price growth falling]
 
Foreclosure and distressed property sales in the US fall considerably year on year
2014-10-09 17:22:20 [North America]
There are fewer homes in the United States being sold which are in foreclosure as the real estate market continues its recovery.Read full article: [Foreclosure and distressed property sales in the US fall considerably year on year]
 
Lending for homes falls in the UK, latest CML data shows
2014-10-09 10:18:28 [Europe]
Home buying lending in the UK has started to decline amid concerns that mortgage regulation is having an impact on the market.Read full article: [Lending for homes falls in the UK, latest CML data shows]
 
Consultation launched in Scotland on tenancy reform
2014-10-09 08:38:42 [Europe]
The Scottish Government has launched its consultation on tenancy reform, the first major overhaul of tenancy legislation in the private rented sector for 25 years.Read full article: [Consultation launched in Scotland on tenancy reform]
 
Technology could help combat mortgage fraud, it is claimed
2014-10-09 07:26:55 [Europe]
Half of UK mortgage brokers believe greater use of technology by lenders when carrying out due diligence on borrowers would reduce mortgage fraud, according to new research.
Read full article: [Technology could help combat mortgage fraud, it is claimed]
 



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