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Latest property news

Warning to UK home owners about attempting DIY this bank holiday weekend

Europe
Friday, 22 August 2014
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With the bank holiday weekend underway it has been revealed that more home owners in the UK are attempting DIY without professional help and two million have damaged their property as a result.
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REITs set to bring greater stability to Indian investment property sector

Asia
Friday, 22 August 2014
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The introduction of Real Estate Investment Trusts in India will help deepen the country’s property industry and bring greater industry stability, it is claimed.
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Sales to first time buyers in England and Wales reach seven year high

Europe
Friday, 22 August 2014
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The number of first time buyer sales in England and Wales rose to a seven year high in July and they are paying smaller deposits, new research shows.
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Property prices in South East of England have recovered strongly says Savills

Europe
Friday, 22 August 2014
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House prices in the South East of England have recovered strongly since the economic downturn with homes in Surrey performing the best within the region, a new report from Savills shows.
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Londoners will pay an extra 42,000 to live near a tube or rail station

Europe
Friday, 22 August 2014
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London home buyers are willing to pay a substantial premium to live near a tube or train station with homes within 500 meters commanding some £42,000 more compared to one 1,500 meters away.
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Property sales up in Spain, but prices are still falling, latest data shows

Europe
Thursday, 21 August 2014
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Home sales in Spain are increasing but price are continuing to fall with the latest data from the Notaires showing transactions up 16% compared to a year ago.
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New home building up 18% in England in second quarter of 2014

Europe
Thursday, 21 August 2014
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More homes are being built in England with housing starts up 18% in the second quarter of 2014 compared to a year ago, the latest construction data shows.
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Property sales in UK down by 1.3% last month, HMRC data shows

Europe
Thursday, 21 August 2014
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Property sales in the UK fell by 1.3% in July compared with the previous month but were 13.5% higher than the same month last year, the latest data from HMRC shows.
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New mortgage rules help to boost bridging loans in UK

Europe
Thursday, 21 August 2014
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New mortgage rules introduced in the UK in April have contributed to an acceleration in bridging lending in the 12 months to the end of June, it is suggested.
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Opponents hit out at plans to drop short letting planning permission in central London

Europe
Thursday, 21 August 2014
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Government plans to drop planning permission currently required for residential short lets is raising concern among politicans, property professionals and residents in a central London borough.
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US property cash sales now at lowest since 2010, latest data shows

North America
Wednesday, 20 August 2014
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Cash sales made up 34.4% of total home sales in the United States in May 2014, the lowest share since May 2010, the latest data shows.
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Half of UK home owners not concerned about interest rate rises, poll suggests

Europe
Wednesday, 20 August 2014
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With a consensus that the first Bank of England base rate interest rise since July 2007 is drawing ever closer on the horizon, it seems that around half of UK home owners are unconcerned about it.
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Concerns about burden of immigration checks on UK landlords

Europe
Wednesday, 20 August 2014
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New rules for UK regarding the immigration status of new tenants are set to place an unfair burden on landlords and lettings agents, it is claimed.
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Forget open plan living and get yourself a party barn instead

Europe
Wednesday, 20 August 2014
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Must haves in the property world change all the time with the current list now including party barns, dressing rooms and plunge pools.
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UK gross mortgage lending up 7% month on month

Europe
Wednesday, 20 August 2014
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Gross mortgage lending in the UK reached £19.1 billion in July, some 7% higher than the previous month, according to the latest figures from the Council of Mortgage Lenders.
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Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes

Europe
Tuesday, 19 August 2014
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The world’s wealthiest people are looking to Monaco, the tax haven on the French Riviera, to buy property due to its low tax and banking services, but there is a lack of space.
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Slight easing in house price growth in the UK in June, ONS data reveals

Europe
Tuesday, 19 August 2014
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UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014, the latest official figures show.
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Property sales in Spain up 8.8% boosted by foreign buyers

Europe
Tuesday, 19 August 2014
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Residential property sales in Spain increased by 8.8% in June compared to the same month a year ago, the latest data from the National Statistics Institute shows.
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Supply and demand creating rent fluctuations in prime London market

Europe
Tuesday, 19 August 2014
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A shift in supply and demand in the London prime property rental market is resulting in marked variations depending on location.
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Feature story

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.

 

Company news

Pre-nuptial Agreements Increasing In the UK

http://www.buffalogov.org/files/Images/wedding.JPGA pre-nup is often a subject of much mirth in the UK; a dinner party debate about the merits of pragmatism versus idealism. Considering what you might do in the event of a divorce with regards to your estate is of course very pragmatic, but the partner calling for the agreement has often been depicted as a tad mercenary.

Finance Update

Barclays trims mortgage rates to attract more first time buyers

Barclays has launched new and reduced mortgage rates which it says will support first time buyers and those customers with a smaller deposit.

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.

 

Your Stories

Beauty Spring 2007Are you in the Property business? Do you have something to say? Or simply want to make an announcement? Send in your stories to be reviewed by our editor. Send us your news

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