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Europe Property News

Home affordability in UK cities deteriorates to 2009 levels

Friday, 27 March 2015
The past year has seen a deterioration in affordability in UK cities, driven by rising house prices across the country, with Oxford names as the least affordable.
Read more...
 

Optimism returns to UK housing market after mid 2014 dip, says BSA

Friday, 27 March 2015
Regardless of potential uncertainties such as the forthcoming general election, optimism has returned to the UK property market after a dip in the middle of 2014, a new survey shows.
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House price growth in UK cities continues to fall, latest index shows

Friday, 27 March 2015
The rate of house price inflation in UK cities continues to slow with growth of 10% in the 12 months to February compared to 11.6% six months ago, the latest data shows.
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UK residential landlords see lowest void periods for 13 years

Friday, 27 March 2015
The average annual void period for residential landlords in the UK has dropped to its lowest level since 2002, new research shows.
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New accreditation standard for London lettings hailed a success

Thursday, 26 March 2015
More than 115,000 rented homes across London are now badged under the Mayor's Rental Standard accreditation system launched last year to improve the experience of landlords and tenants.
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UK house price optimism rebounds, latest index suggests

Thursday, 26 March 2015
House price optimism in the UK rebounded in February as inflation continued to fall and the expectation of an interest rate rise receded further.
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Higher taxes and election uncertainty put brakes on prime London house prices

Thursday, 26 March 2015
Prices in the prime property market in London fell marginally in the first quarter of 2015, confirming concerns that higher taxes and pre-election qualms are affecting the sector.
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Irish property prices fall for second month in a row

Thursday, 26 March 2015
Residential property prices in Ireland fell by 0.4% in February, the second monthly decline in a row, the latest index data shows.
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US home prices growing at fastest rate for a year

Wednesday, 25 March 2015
Existing home sales increased modestly in the United States last month but prices are growing at their fastest pace for a year, the latest index data shows.
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Residential rents in Scotland rising at slowest pace for over two years

Wednesday, 25 March 2015
Scottish rents have increased by just 1.1% in the year to February 2015, their slowest pace for over two years, according to the latest buy to let index.
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UK home owners should be aware of new building safety rules

Wednesday, 25 March 2015
New Construction Design and Management (CDM) regulations due to come into force in the UK next month could affect the sale of a property if any renovation or other work is carried out by a builder who does not comply with the rules.
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UK property prices up 8.4% year on year, but annual growth still slowing

Wednesday, 25 March 2015
UK house prices increased by 8.4% in the year to January 2015, down from 9.8% in the year to December 2014, according to the latest index.
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Vast majority of UK tenants donít think they can afford to buy

Wednesday, 25 March 2015
Over 90% of tenants in the UK don’t think they will be able to afford a property as rents continue to escalate and property prices stay firmly out of their reach.
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Miami continues to see steady growth in its residential property market

Tuesday, 24 March 2015
Median residential sales in Miami, one of the US’s most dynamic real estate markets, continued rising last month and have now been increasing for more than three years.
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New tenants in UK facing higher rents as demand increases

Tuesday, 24 March 2015
There is an increase in demand for property in the UK private rental sector with new tenants seeing a rise in monthly rents from a third of lettings agents.
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Research reveals concerns about new mortgage rules in UK

Tuesday, 24 March 2015
More than half of people who are either considering, or are in the course of applying for a mortgage in the UK believe that the obligation placed upon mortgage lenders to assess their ability to repay will slow down the application process.
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European commercial property investment market seen as attractive

Tuesday, 24 March 2015
The European commercial property investment market enjoyed a strong end to 2014, according to the latest quarterly report from Knight Frank.
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Call for next UK government to reform planning to help boost housing supply

Tuesday, 24 March 2015
{mosimageA leading campaigning group has warned that consistent deregulation and demoralisation of the UK planning system is putting the very fabric of towns, cites and the countryside at risk.
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UK mortgage lending off to slow start in 2015

Monday, 23 March 2015
Gross mortgage lending in the UK reached £13.4 billion in February, 9% down on both January and on last February, the latest figures from the Council of Mortgage Lenders show.
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UK house price growth pauses, latest index shows

Monday, 23 March 2015
Average UK property prices have increased by 6.8% year on year but the growth has paused with values obtained flat lining so far this year.
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Seven out of 12 UK regions see rental growth, but not London

Monday, 23 March 2015
After a period of rent price rises in London outstripping the rest of the UK, the disparity between the growth rate of the London and nationwide rental markets is beginning to narrow, the latest index shows.
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Survey reveals gifts landlords give to tenants

Monday, 23 March 2015
Bad news stories tend to dominate the headlines when it comes to relationships between tenants and landlords in the UK but new research reveals that the relationship is often much more convivial.
Read more...
 

Demand for property in City of London pushes up home prices

Friday, 20 March 2015
The City of London and its surrounds are now firmly part of the prime central London residential property market as increased job creation, coupled with strong buyer demand, has underpinned property price growth.
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England and Wales see fastest annual residential rent rises since May 2013

Friday, 20 March 2015
Average residential rents in England and Wales increased by 3.1% year on year to stand at £766 in February 2015, the fastest annual rise since May 2013.
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UK set to see more transparency on mortgage fees and charges

Friday, 20 March 2015
The Council of Mortgage Lenders and consumer organisation Which? have published a joint progress report on how to help people understand mortgage fees and charges.
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UK property markets likely to see more capital growth in 2015, but at slower rate

Friday, 20 March 2015
UK property markets are likely to see continued capital value growth in 2015, especially in prime sectors, but perhaps at a slower late, according to an outlook analysis report.
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Younger home owners looking towards equity release in UK

Thursday, 19 March 2015
A surge in equity release activity in the UK in the second half of 2014 saw younger borrowers turning to lifetime mortgages in the wake of the Mortgage Market Review (MMR) and the 2014 Budget pension announcement.
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UK property prices increase more than earnings in London and South East

Thursday, 19 March 2015
Over the past two years average house prices have increased by more than the average employee’s net earnings in almost one in five local authority districts across the UK, according to new research.
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New UK housing zones widely welcomed

Thursday, 19 March 2015
Twenty areas across the UK have been selected as the country’s first Housing Zones amid a pledge to build hundreds of thousands of new homes in the next five years, including more affordable properties.
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Over a quarter of prospective UK buyers not confident about mortgage applications

Thursday, 19 March 2015
Some 28% of prospective buyers in the UK aren't confident their mortgage application will be approved first time and it is even lower among first time buyers, new research has found.
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Huge boost to first time buyers in UK with new deposit savings plan

Wednesday, 18 March 2015
Thousands of would be home buyers in the UK will be able to fulfil their dream of owning a property after the government announced a new savings plan to help them get a deposit.
Read more...
 
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Europe: Top Headline

Home affordability in UK cities deteriorates to 2009 levelsHome affordability in UK cities deteriorates to 2009 levels{mosimage} The past year has seen a deterioration in affordability in UK cities, driven by rising house prices across the country, with Oxford names as the least affordable.



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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

Cluttons opens new office in Spain

International real estate services company Cluttons which operates in over 50 countries has opened in Andalucía, Spain, to increase its international presence and bring its residential real estate expertise to the Costa Del Sol.

Finance Update

Leeds Building Society to accept Help to Buy remortgage applications

Leeds Building Society is the first lender in the UK to announce it will accept re-mortgage applications from Help to Buy Equity borrowers.

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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