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Image High street lending in UK down 11% compared to a year ago Gross mortgage borrowing in the UK in January was £9.8 billion, some 11% lower than in the same month last year, according to the latest data from the British Banking Association.
Read more...
 
Europe
Image UK annual house price growth slows for six month in a row Annual house price growth in the UK slowed to 5.7% in February from 6.8% in January, the sixth month in a row that it has slowed, the latest index figures show....
Middle East
Image Abu Dhabi office market set to weather lower oil prices Lower oil prices could lead to possible implications for the Abu Dhabi real estate market but commercial property should be able to shrug off such concerns, according to a new analysis....
 
Africa
Image House prices growth in South Africa set to remain in single digits this year House prices in South Africa have generally seen some growth in the first quarter of 2014 but in the popular middle sector of the market it is nominal, according to the latest real estate report from Absa bank....
Asia
Image Demand for smaller units remains robust in Hong Kong property market The new build residential real estate market in Hong Kong remained robust in December with small to medium sized units continuing to be sought after, the latest property market report shows....
 
North America
Image Demand sees US pending home sales reach highest level since August 2013 Improved buyer demand at the beginning of 2015 pushed pending home sales in the United States in January to their highest level since August 2013, according to the latest figures to be published....
Latin America
Image RICS set to play a growing role in growing Brazilian real estate markets The Royal Institution of Chartered Surveyors has an important role in the real estate industry in Brazil as growth in the markets continues, it is claimed....
 
Australasia
Image New home building in Australia set to increase in 2015 before falling off New house building in Australia is forecast to increase for a third consecutive year in 2014/2015 with growth of 7.7%, according to the latest outlook report from the Housing Industry Association. ...
Global News
Image Home ownership falling in many countries, says global real estate report Home ownership levels are continuing to drop in many countries despite stable or positive outlooks for most mortgage markets, according to a new global report....
 
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Company news

Chestertons continues international expansion with new office in Spain

Chestertons is strengthening its network of Spanish offices and has announced a new associate in Barcelona at a time when the country’s real estate market is improving.

Finance Update

Nationwide reduces home buying rates, including 10 year fixed mortgage deal

The Nationwide Building Society has launched what it describes as the lowest 10 year fixed rate mortgage currently on the UK market.

Features

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

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