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News related to property market

UK gross mortgage lending slows, latest figures show
2014-11-26 07:24:52 [Europe]
Gross mortgage borrowing in the UK in October was £10.5 billion, some 2% higher than in the same month last year, and 1.3% lower than in September 2014.Read full article: [UK gross mortgage lending slows, latest figures show]
 
Wealthy Chinese and Russian buyers return to top end London homes market
2014-11-26 07:19:44 [Europe]
A lowering of asking prices at the top end of the London property market seems to have led to an increase in sales of home in the £10 million plus range.Read full article: [Wealthy Chinese and Russian buyers return to top end London homes market]
 
UK house prices to rise between 3% and 5% next year, it is predicted
2014-11-26 07:15:58 [Europe]
A further moderation in house price growth in the UK is likely next year and house prices nationally are expected to increase in a range of 3% to 5% in 2015.
Read full article: [UK house prices to rise between 3% and 5% next year, it is predicted]
 
New build completions in Scotland at their highest level in over three years
2014-11-25 14:26:26 [Europe]
The number of new homes being built in Scotland is at its highest level for over three years, new official figures have shown.Read full article: [New build completions in Scotland at their highest level in over three years]
 
Saudi Arabia set to see continued growth of its residential real estate market
2014-11-25 12:31:28 [Middle East]
Saudi Arabia has seen its residential property market expand rapidly over the last year due to increased demand caused by various government initiatives to boost the housing sector.Read full article: [Saudi Arabia set to see continued growth of its residential real estate market]
 
Non standard UK home borrowers face lack of clarity on mortgages
2014-11-25 11:31:16 [Europe]
Fears of a future clampdown by regulators are preventing mortgage lenders from offering loans that stretch into people’s retirement, according to a new report.Read full article: [Non standard UK home borrowers face lack of clarity on mortgages]
 
UK property transactions up 3.2% month on month, HMRC provisional data shows
2014-11-25 10:09:40 [Europe]
The number of seasonally adjusted property transactions in the UK increased by 3.2% in October and are up 4.3% compared to a year ago, according to the latest data published by HMRC.Read full article: [UK property transactions up 3.2% month on month, HMRC provisional data shows]
 
Gazumping is back in the UK with buyers in Brighton most affected
2014-11-25 09:21:21 [Europe]
Brighton leads the way as the gazumping capital of Britain with 34.9% of residents losing out in this way, new research has found.Read full article: [Gazumping is back in the UK with buyers in Brighton most affected]
 
Home building reaches a new high in Australia
2014-11-24 18:38:50 [Australasia]
This year has seen a record number of new homes being built in Australia, according to the latest outlook report from the Housing Industry Association.Read full article: [Home building reaches a new high in Australia]
 
Rents fall across majority of UK regions in October, latest monthly index shows
2014-11-24 18:19:44 [Europe]
Most regions in the UK saws rental prices fall in October and while they are still higher than a year ago the last three months data indicates a cooling in the market, according to the latest index.Read full article: [Rents fall across majority of UK regions in October, latest monthly index shows]
 
UK house prices back on track after September dip
2014-11-24 11:34:55 [Europe]
UK house prices back on track after falling slightly in September dip with a 1.2% rise in October and up 7% annually, the latest published index shows.Read full article: [UK house prices back on track after September dip]
 
Existing home sales in US above year ago levels for first time in 12 months
2014-11-24 09:55:03 [North America]
Existing home sales rose in the US increased in October for the second straight month and are now above year on year levels for the first time in a year, according to the latest report from the National Association of Realtors.Read full article: [Existing home sales in US above year ago levels for first time in 12 months]
 
Value of UK housing up 57% in last decade, new research shows
2014-11-24 09:21:34 [Europe]
The current value of the UK's private housing stock is estimated at £5.06 trillion, up from £3.22 trillion in 2004, a rise of 57% over the past decade.Read full article: [Value of UK housing up 57% in last decade, new research shows]
 
Sales in Miami soared last month due to increased demand
2014-11-21 19:32:08 [North America]
Sales in the Miami real estate market, one of the most popular US locations with overseas buyers, soared in October, exceeding record activity recorded in 2013.Read full article: [Sales in Miami soared last month due to increased demand]
 
Equity release from UK homes going on improvements, study finds
2014-11-21 15:11:44 [Europe]
The main reason home owners in the UK are choosing to unlock money from their property is to fund home improvements, new research suggests.Read full article: [Equity release from UK homes going on improvements, study finds]
 
House price recovery spreads out in UK, but growth is slowing, says Hometrack index
2014-11-21 14:59:31 [Europe]
The top 20 cities in the UK are all registering annual house price growth of 5% or more for the first time in a decade, according to a new index.Read full article: [House price recovery spreads out in UK, but growth is slowing, says Hometrack index]
 
Residential rents in England and Wales reach new record
2014-11-21 07:21:27 [Europe]
Rents across England and Wales have reached a new record of £770 per month, up 1.5% over the last 12 months, according to the latest buy to let index.Read full article: [Residential rents in England and Wales reach new record]
 
UK mortgage lending hits highest October level since 2008
2014-11-21 07:17:49 [Europe]
Gross mortgage lending in the UK reached £19 billion in October, some 5% higher than September and 8% higher than October last year, according to figures from the Council of Mortgage Lenders.Read full article: [UK mortgage lending hits highest October level since 2008]
 
UK buyers better off than renters after five years, new study has found
2014-11-20 17:08:25 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.
Read full article: [UK buyers better off than renters after five years, new study has found]
 
Homes sales up again in Spain in September, most recent data shows
2014-11-20 11:18:17 [Europe]
Home sales in Spain increased again on an annual basis in September after dipping in August, according to the latest figures from the National Institute of StatisticsRead full article: [Homes sales up again in Spain in September, most recent data shows]
 
Landlords more ethical than many might think, new poll finds
2014-11-20 10:38:34 [Europe]
Like estate agents, landlords often get a bad press but new research has found that they are more ethical that they are given credit for.
Read full article: [Landlords more ethical than many might think, new poll finds]
 
One bedroom apartments in London see prices rising more than bigger flats
2014-11-20 10:13:42 [Europe]
Property sales prices increased by an average of 4% across some key areas in London this year but there has been a slowdown overall, new research shows.Read full article: [One bedroom apartments in London see prices rising more than bigger flats]
 
Concerns over watering down of affordable housing commitments
2014-11-20 09:30:07 [Europe]
Property experts are warning of an affordable housing time bomb in the UK which needs addressing to ensure enough homes are not only built but in the pipeline to cover future demand.Read full article: [Concerns over watering down of affordable housing commitments]
 
UK buyers better off than renters after five years, new study has found
2014-11-19 18:21:32 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.Read full article: [UK buyers better off than renters after five years, new study has found]
 
Sharjah to allow expats to buy property for the first time
2014-11-19 18:07:43 [Middle East]
Foreigners are to be able to buy in Sharjah for the first time after the government passed a law enabling expats from anywhere in the world to invest in the real estate market.Read full article: [Sharjah to allow expats to buy property for the first time]
 
Annual sales up 15% in Scotland but prices down 0.4%, latest index shows
2014-11-19 07:29:21 [Europe]
Annual home sales in Scotland jumped 15% in September but prices slipped by 0.4%, slowing the annual change to 5.1%, according to the latest index.Read full article: [Annual sales up 15% in Scotland but prices down 0.4%, latest index shows]
 
UK second steppers want a four bed detached home, new research has found
2014-11-19 07:20:03 [Europe]
Detached houses are now the property of choice for home owners moving up from their first property, new research shows.Read full article: [UK second steppers want a four bed detached home, new research has found]
 
Canadian property prices and sales both continue upwards, latest index shows
2014-11-18 16:47:23 [North America]
National home sales in Canada rose by 0.7% from September to October and prices were up 7.1% year on year, according to the latest data from the Canadian Real Estate Association.
Read full article: [Canadian property prices and sales both continue upwards, latest index shows]
 
UK property prices up over 12% year on year, latest data shows
2014-11-18 16:10:29 [Europe]
UK house prices increased by 12.1% in the year to September but there is considerable variation with London driving national prices up, the latest data shows.Read full article: [UK property prices up over 12% year on year, latest data shows]
 
Research reveals the diversity of overseas buyers in London’s prime market
2014-11-18 09:10:23 [Europe]
Over 30 different nationalities are buying prime property in central London with African making up the biggest group at 43.7%, new research shows.Read full article: [Research reveals the diversity of overseas buyers in London’s prime market]
 
UK group suggests special help for oldies to downsize and free up family homes
2014-11-18 08:40:08 [Europe]
A group of politians in the UK have called for older home owners to be given support to help them move home so that more properties can be made available for families.Read full article: [UK group suggests special help for oldies to downsize and free up family homes]
 
October saw a further dip in property valuations in the UK, latest research shows
2014-11-17 11:37:29 [Europe]
The UK housing market has now cooled following a pick-up in valuations activity in September with October seeing the total number of valuations fall by 20%, new data shows.Read full article: [October saw a further dip in property valuations in the UK, latest research shows]
 
England sees 10% rise in new homes, still way short of demand
2014-11-17 10:33:28 [Europe]
The number of new homes in England increased by 10% from 2012 to 2103, official figures show but experts are still warning that this is not enough to meet demand.Read full article: [England sees 10% rise in new homes, still way short of demand]
 
UK construction industry gets boost from improved home lending
2014-11-17 09:41:49 [Europe]
The UK government’s Help to Buy scheme and a renewed willingness by banks to lend to home owners has boosted the construction industry, it is claimed.Read full article: [UK construction industry gets boost from improved home lending]
 
Global economic outlook and general election impacting on UK property markets
2014-11-17 09:09:51 [Europe]
A more challenging domestic and global economic outlook and political uncertainty in the lead up to next year’s general election are having an impact on property price growth in the UK.Read full article: [Global economic outlook and general election impacting on UK property markets]
 
Low interest rates helping to keep repossessions and mortgage arrears down says CML
2014-11-14 11:24:48 [Europe]
The UK is seeing a continuing reduction in the number of both repossessions and mortgages in arrears, across all categories, according to the latest figures from the Council of Mortgage Lenders for the third quarter of 2014.Read full article: [Low interest rates helping to keep repossessions and mortgage arrears down says CML]
 
Property sales in England and Wales surged in October, according to latest index
2014-11-14 10:22:33 [Europe]
The property market in England and Wales has shrugged off the general slowdown as sales surged 9% in October, according to the latest LSL/Acadata house price index.Read full article: [Property sales in England and Wales surged in October, according to latest index]
 
Drones allowing estate agents to give an extra dimension to property marketing
2014-11-14 06:59:12 [Europe]
Estate agents are known for going that extra mile to get a sale and now they are set to embrace the very latest technology to make sure a property looks its very best.Read full article: [Drones allowing estate agents to give an extra dimension to property marketing]
 
UK home owners over 55 considering downsizing, research suggests
2014-11-14 06:16:42 [Europe]
Some 41% of home owners in the UK over the age of 55 plan to sell their current property and many will downsize, according to new data.Read full article: [UK home owners over 55 considering downsizing, research suggests]
 
US housing market not set to normalise for at least three more years
2014-11-13 12:27:48 [North America]
Real estate professionals in the United States, including economists, agents and investment strategists, don't expect the housing market to normalise for at least three more years.Read full article: [US housing market not set to normalise for at least three more years]
 
Interest rates and property tax concerns impacting prime central London market
2014-11-13 11:10:25 [Europe]
Concerns around interest rates and property taxes have impacted on sentiment within the prime central London residential market, it is claimed.Read full article: [Interest rates and property tax concerns impacting prime central London market]
 
UK house price growth slows as demand slips for fourth month in row says RICS
2014-11-13 10:38:07 [Europe]
House price momentum in the UK continued to slow and new buyer demand tailed off in October, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors.Read full article: [UK house price growth slows as demand slips for fourth month in row says RICS]
 
French commercial real estate investment up 10% in third quarter
2014-11-13 08:58:50 [Europe]
Investment volumes in the French commercial real estate market are set to exceed €15 billion, a 10% increase compared to the same period in 2013, according to the latest industry report.Read full article: [French commercial real estate investment up 10% in third quarter]
 
UK landlords can expect speedier eviction process for rogue tenants
2014-11-13 08:01:28 [Europe]
A new service launched by the UK Government enables landlords to start the process of evicting tenants using the Section 21 accelerated possession procedure by filling out an online form.Read full article: [UK landlords can expect speedier eviction process for rogue tenants]
 
US home prices still rising but rate falls to 5% or below
2014-11-12 17:15:29 [North America]
Home prices in the United States showed continued growth in a majority of metropolitan areas in the third quarter, but all four major regions saw increases at or below 5% from a year ago.Read full article: [US home prices still rising but rate falls to 5% or below]
 
Official figures show rent increases in Scotland are largely below inflation
2014-11-12 15:51:01 [Europe]
Between 2010 and 2014 most average rents in Scotland increased below the rate of inflation, with some rents falling, the latest data from the Scottish Government shows.Read full article: [Official figures show rent increases in Scotland are largely below inflation]
 
Average residential tenancy deposit in England and Wales up 11% year on year
2014-11-12 11:58:37 [Europe]
The value of deposits for the average home tenancy in England and Wales has increased by 11% over the last year, according to the latest published data.Read full article: [Average residential tenancy deposit in England and Wales up 11% year on year]
 
Rural homes more expensive to buy than urban homes in UK
2014-11-12 09:30:10 [Europe]
Countryside properties continue to command a substantial price premium over urban homes and are 26% higher in price, new research shows.Read full article: [Rural homes more expensive to buy than urban homes in UK]
 
Property price growth in Australia easing to a more sustainable level
2014-11-11 17:07:33 [Australasia]
Home price growth in Australia eased again during the September 2014 quarter but are up 9.1% compared to a year ago, the latest data from the Australian Bureau of Statistics show.Read full article: [Property price growth in Australia easing to a more sustainable level]
 
Research reveals how UK home owners are switching mortgage deals
2014-11-11 15:55:01 [Europe]
Some 18% of borrowers in the UK have changed their mortgage details or come to a new arrangement with their lender in the last three years, new research has found.
Read full article: [Research reveals how UK home owners are switching mortgage deals]
 



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