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Europe Property News

Home lending in Scotland robust in second quarter of 2014, says latest CML report

Monday, 01 September 2014
Mortgage lending in Scotland is being driven primarily by lending for house purchases, with remortgage activity showing a year on year decline, according to the latest figures from the Council of Mortgage Lenders.
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Latest index provides further evidence of UK property market slowdown

Monday, 01 September 2014
There is further evidence that house price increases in parts of the UK are cooling with the latest index showing growth of just 0.1% in England and Wales in August.
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Changing households in London see housing values grow in east of city

Monday, 01 September 2014
The total value of residential property in eastern boroughs of central London has grown faster than any other area of the capital, according to new research.
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Average prices in England and Wales up 1.7% last month

Friday, 29 August 2014
Average house prices in England and Wales increased 1.7% last month compared with June to reach £175,653, according to the latest official data from the Land Registry.
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Development land values in England and Wales up 2% in first half of 2014

Friday, 29 August 2014
The price of development land in England and Wales continued to rise in the second quarter of this year, rising by 1%, according to the latest index from Knight Frank.
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UK property prices up 0.8% in August, latest index shows

Friday, 29 August 2014
UK house prices increased by 0.8% in August taking the average price of a home to £189,306, according to the latest index from the Nationwide Building Society.
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Ghost tenants putting landlords and lettings agents at risk

Friday, 29 August 2014
Buy to let landlords in the UK could have millions of ghost tenants secretly living in their rented properties which is putting them and lettings agents at risk, it is claimed.
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First time buyer lending in Wales showing strong year on year growth

Thursday, 28 August 2014
Mortgage lending in Wales in the second quarter of 2014 remains driven primarily by lending for house purchase, with first time buyers in particular showing strong year on year growth, according to the latest figures.
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Property prices in luxury markets in Spain holding steady, according to new analysis

Thursday, 28 August 2014
Property prices in Spain's luxury real estate markets have continued to remain steady over the past six months, according to the latest half yearly analysis.
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UK estate agents report a growth in housing supply

Thursday, 28 August 2014
House hunters in the UK may have a better chance of finding their dream home, with the average number of properties available for sale through estate agents up by 11%.
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Green field land prices in UK up almost 10% year on year

Thursday, 28 August 2014
National green field land values in the UK grew by 2.7% in the second quarter of 2014, bringing year on year rises to 9.8%, the highest rate of annual price growth recorded for three years.
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UK Landlords get better rental returns from furnished flats in town and cities

Wednesday, 27 August 2014
Furnished flats in towns and cities provide the best rental returns for UK landlords as they appeal to young, mobile tenants, according to research from Countrywide.
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UK house price growth exceeding expectations with strong midterm rises predicted

Wednesday, 27 August 2014
Average UK house price growth has exceeded all expectations over the past year, leaving some markets with reduced capacity for further mid term growth, according to a new report.
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First time buyers in Greater London borrow 27% quarter on quarter

Wednesday, 27 August 2014
First time buyers in Greater London borrowed 27% more in the second quarter of this year than they did a year ago, according to the latest figures from the Council of Mortgage Lenders.
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Scotland sees first rent rise for almost two years due to fees change

Wednesday, 27 August 2014
The ban on tenant fees has accelerated rent rises in Scotland with annual average rents up 2.3% after years of stability, according to the latest published index.
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Property investors encouraged to consider investing in a holiday home

Tuesday, 26 August 2014
With house prices in the UK generally still on the rise despite talk of interest rate rises and new mortgage rules, a the leading holiday homes market place is encouraging property investors to consider the holiday rentals market to maximise their returns.
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Prime property market in Scotland sees robust growth

Tuesday, 26 August 2014
The prime residential market across Scotland has showed a strong performance this year and seeing its busiest 12 month period since 2008, according to new research.
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UK home owners expectations for property price growth moderates

Tuesday, 26 August 2014
Households in all regions of the UK perceived that property prices rose in August, but at the slowest rate since March, the latest price sentiment index shows
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Number of UK owners of home worth a million or more up almost 50%

Tuesday, 26 August 2014
The number of home owners in the UK who can claim to be ‘property millionaires’ now stands at 484,081, almost 50% higher than last year, according to new research.
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Difference in renting or buying in UK increases three fold over the past five years

Monday, 25 August 2014
The cost of a first time buyer owning a home in the UK is now on average £110 per month lower than renting or £1,316, new research shows.
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Buying a home close to best schools in England costs an extra 8% on average

Monday, 25 August 2014
Homes close to the top 30 state schools in England have the largest price premium and cost on average 8% or £21,000 more, new research shows.
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Child born in UK in 2014 faces paying 3.4 million for first home

Monday, 25 August 2014
A baby born today in the UK faces paying £3.4 million for their first property based on historic house price increases, new research shows.
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Unwelcome practice of double dipping among UK letting agents revealed

Monday, 25 August 2014
Unscrupulous letting agents that are charging tenants and landlords for the same service such as checking references or alterations to contract extension agreements, new research has found.
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Warning to UK home owners about attempting DIY this bank holiday weekend

Friday, 22 August 2014
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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Sales to first time buyers in England and Wales reach seven year high

Friday, 22 August 2014
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

Friday, 22 August 2014
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

Friday, 22 August 2014
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

Thursday, 21 August 2014
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

Thursday, 21 August 2014
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

Thursday, 21 August 2014
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

Thursday, 21 August 2014
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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Europe: Top Headline

Home lending in Scotland robust in second quarter of 2014, says latest CML reportHome lending in Scotland robust in second quarter of 2014, says latest CML reportMortgage lending in Scotland is being driven primarily by lending for house purchases, with remortgage activity showing a year on year decline, according to the latest figures from the Council of Mortgage Lenders.



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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

Estate and lettings agents UK advert campaign launched

The National Association of Estate Agents (NAEA) and the Association of Residential Letting Agents (ARLA) have launched a new regional TV campaign to raise awareness among consumers of the importance of using an NAEA or ARLA licensed agent.

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.

 

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