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Europe Property News

Compulsory redress schemes for UK letting and property management agents confirmed

Friday, 18 April 2014
All letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins.
Read more...
 

Alpine ski property market gaining momentum, new report suggests

Friday, 18 April 2014
The market for ski property in the Alps is gaining momentum with prices stabilising following falls in both 2011 and 2012, according to a new analysis report.
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UK set to become more like Europe in terms of renting homes, new research suggests

Friday, 18 April 2014
One in five of 23 to 27 year olds in the UK have no desire to own a home, suggesting that the country will become a nation of renters within the next generation, according to a new report.
Read more...
 

Rare private island off north west coast of Scotland comes to market

Friday, 18 April 2014
A private island off the north west coast of Scotland has come onto the market described as being located on one of the country’s most beautiful archipelagos but still easily accessible.
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British expats seeking buy to let opportunities back home

Friday, 18 April 2014
British expats have a strong appetite for buying property in their home country as they see it as a sound investment for the future, new research suggests.
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Development land prices in England up 7.3% year on year

Thursday, 17 April 2014
Development land prices in England increased by 0.8% in the first three months of the year, to take the annual increase in values to 7.3%, according to the latest data from property firm Knight Frank
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UK mortgage loans up 4% in March, but consumers want more access and choice

Thursday, 17 April 2014
Gross mortgage lending in the UK was an estimated £15.4 billion in March, some 4% higher than February, according to the latest figures from the Council of Mortgage Lenders.
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Developers offering discounts to new home buyers in Hong Kong

Thursday, 17 April 2014
Developers in Hong Kong are continuing to launch new residential projects with incentives which are proving attractive to buyers, especially first time buyers, according to the latest monthly residential report.
Read more...
 

UK asking prices up 8.4% year on year, latest index shows

Thursday, 17 April 2014
Home asking prices across England and Wales leapt a further 1.3% over the last month, bringing annual rise to 8.4%, according the latest data from home.co.uk.
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UK interest rate rises could affect buy to let landlord expansion, it is claimed

Thursday, 17 April 2014
 UK landlords are being advised to be cautious when considering expanding their buy to let portfolios due to a risk that interest rates could rise sooner than expected.
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More Rent to Build projects announced by UK housing minister

Wednesday, 16 April 2014
The second phase of the UK’s Build to Rent scheme is set to deliver up to 6,500 new home for private rent in England, housing minister Kris Hopkins has announced
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Help to Buy is boosting property market recovery in Scotland, latest index shows

Wednesday, 16 April 2014
The government’s Help to buy scheme is helping the Scottish property market recovery with average prices up 3.6% in the last 12 months, according to the latest index.
Read more...
 

Survey shows confidence in UK housing market increasing

Wednesday, 16 April 2014
Confidence in the UK housing market is leading to an increase in positive selling sentiment, with 56% thinking it is a good time to sell in the next 12 months, according to a new survey.
Read more...
 

New guide launched for new mortgage regime in the UK

Wednesday, 16 April 2014
The UK’s financial watchdog has launched a new guide for consumers to explain the changes in the mortgage market that come into force later this month.
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Foreign buyers attracted to Corfu and some Balkan property markets, says new report

Tuesday, 15 April 2014
Corfu’s position as a high end recreation destination means that its property market has proved resilient when set against the markets of mainland Greece, according to a new analysis from real estate firm Savills.
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Govt help announced for locally planned garden cities in the UK

Tuesday, 15 April 2014
A new prospectus which will help communities work up proposals for ambitious new developments, which are locally led, include at least 15,000 homes and have the backing of existing residents, has been unveiled.
Read more...
 

UK house prices up 9.1% in a year, latest ONS data shows

Tuesday, 15 April 2014
UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest data from the Office for National Statistics.
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Prime property price growth in UK varies according to location, latest index shows

Tuesday, 15 April 2014
Prime country house prices in the UK increased by 1.9% in the first quarter of this year and are 4.5% higher on an annual basis, according to the latest index.
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Average property prices in London's Canary Wharf soar due to high demand

Tuesday, 15 April 2014
Strong demand has forced average pricing in Canary Wharf up to around £750 per square foot, with some of the best units at new schemes pushing towards £1,100 per square foot, a new analysis shows.
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Average farm land prices in England rise above 7,000 an acre

Monday, 14 April 2014
The average value of English farmland rose by almost 6.5% in the first three months of 2014 to £7,324 per acre, the first time prices have broken the £7,000 an acre barrier.
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House prices in the EU down 0.1% in last quarter of 2013

Monday, 14 April 2014
House prices in the European Union fell by 0.1% in the fourth quarter of 2013 compared with the same quarter the previous year, according to the latest index from Eurostat.
Read more...
 

Surveyors warning over risk of housing market crash in UK hot spots

Monday, 14 April 2014
It is becoming increasingly important for chartered surveyors to protect UK home buyers and lenders against the mounting risk of a repeat housing market crash, it is claimed.
Read more...
 

Property price growth in London spreading across the south of the UK

Monday, 14 April 2014
Property price growth in London is pushing up values in all southern regions of the UK to new price records but northern areas are around 6% behind, according to the latest Rightmove market report.
Read more...
 

UK taxman issues new guidance for estate agents re money laundering

Saturday, 12 April 2014
 The UK’s tax man has published new guidance to help estate agency businesses stay on the right side of new money laundering regulations.
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UK government releases new compensation packages for home owners along rail route

Friday, 11 April 2014
Details of a new discretionary compensation package for those owning property affected by the HS2 rail link between London and Birmingham have been released by the UK government.
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Increased court fees in UK set to hit landlords seeking repossession

Friday, 11 April 2014
UK government plans to increase court fees means that landlords seeking repossession of their properties face higher costs and has been branded as extortionate.
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UK Home lending fell slightly in February, but still strong year on year, says CML

Friday, 11 April 2014
Mortgage lending in the UK dipped in February but this was in line with expected seasonal factors and year on year growth remains strong, according to the Council of Mortgage Lenders.
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Golden visa schemes attracting foreign buyers to Spain and Portugal

Thursday, 10 April 2014
Real estate investor visas in Spain and Portugal have helped to revive some second home markets, according to a new analysis of their property markets.
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Rent rises in the UK set to be overtaken by wage growth this summer, report suggests

Thursday, 10 April 2014
Rent rises in the UK will be overtaken by wage growth in 2014, while disposable income for those in the private rented sector is set to grow for the first whole year since the financial crisis, according to a new report.
Read more...
 

UK property recovery well under way as sales reach highest level for six years

Thursday, 10 April 2014
The average number of houses sold in the UK in the first quarter of 2014 has increased to its highest level in six years, confirming that the country’s property market recovery is well underway.
Read more...
 

Mayor proposes creation of a London Housing Bank to fund thousands of new homes

Thursday, 10 April 2014
The Mayor of London, Boris Johnson, has launched proposals for a new investment scheme designed to accelerate house building and help deliver thousands more low cost homes for people in the city.
Read more...
 
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Europe: Top Headline

Compulsory redress schemes for UK letting and property management agents confirmedCompulsory redress schemes for UK letting and property management agents confirmedAll letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins.



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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

LOOK TO THE UK FOR AN EDUCATED PROPERTY INVESTMENT

In the past year, overseas investment in the UK has been steadily rising in all markets according to official figures. For example, the UK Trade & Investment (UKTI) reported in July 2013 that the UK is the leading European destination for foreign direct investment (FDI).

Finance Update

Buy to let lifetime tracker products launched

Specialist buy to let mortgage lender, Paragon Mortgages, has launched a range of lifetime tracker products along with refreshing the rest of its range of fixed and tracker buy to let mortgages.

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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