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May 26th
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News related to buyers

Selling times for UK properties falling in most areas
2013-05-23 08:08:00 [Europe]
The amount of time it takes to sell a house in regional areas of the UK is falling as properties have begun to sell faster, research suggests.
Read full article: [Selling times for UK properties falling in most areas]
 
UK real estate agent franchise launches in India
2013-05-21 12:22:40 [Asia]

Winkworth, franchisor of London’s largest chain of residential estate agents, has announced a new venture into the international residential property market with the signing of a master franchising agreement in India and the opening of a new office in Bangalore.
Read full article: [UK real estate agent franchise launches in India]
 
Surge in mortgage applications from UK home buyers as fixed rates fall
2013-05-21 09:38:10 [Europe]

Total mortgage applications in the UK last month were up by more than 50% year on year, fuelled by a monthly spike of 10% according to the National Mortgage Index from Mortgage Advice Bureau, the UK’s leading independent mortgage broker.
Read full article: [Surge in mortgage applications from UK home buyers as fixed rates fall]
 
Majority of property buyers can’t imagine themselves in their new home, research finds
2013-05-15 15:42:35 [Europe]

Some 70% of property hunters in the UK cannot imagine what their new home will look like even after seeing it in person, according to new research published today (Wednesday 15 May)
Read full article: [Majority of property buyers can’t imagine themselves in their new home, research finds]
 
Survey reveals inadequate knowledge of the mortgage market among US buyers
2013-05-10 16:23:00 [North America]

After several years of depressed demand for homes, buyers in the United States are returning to the market in droves but many are ill prepared when it comes to applying for a mortgage, according to a new survey.
Read full article: [Survey reveals inadequate knowledge of the mortgage market among US buyers]
 
Help to Buy will not stimulate UK housing market as much as govt claims
2013-05-09 11:00:05 [Europe]

New government measures, designed to help credit worthy buyers on and up the housing ladder, will stimulate the property market and boost house building, according to leading property advisors Savills, but not as much as the government has claimed.
 
Read full article: [Help to Buy will not stimulate UK housing market as much as govt claims]
 
Building Societies urge UK govt to adopt more holistic approach to property lending
2013-05-09 09:40:36 [Europe]

The UK government should adopt a more holistic approach to managing the housing market as there are potential choppy water ahead in relation to changing capital requirements, it is claimed.
Read full article: [Building Societies urge UK govt to adopt more holistic approach to property lending]
 
RICS calls for compulsory regulation of UK estate agents
2013-05-07 12:18:03 [Europe]

The Royal Institution of Chartered Surveyors wants to see all estate agents in the UK compelled to sign up to a professional regulation scheme to make sure buyers are properly advised.

Read full article: [RICS calls for compulsory regulation of UK estate agents]
 
British buyers outspending overseas buyers in prime London market, agents suggest
2013-05-07 12:03:48 [Europe]

British buyers are now spending more on London prime residential property than overseas real estate investors, reversing the recessionary trend of overseas funds dominating the market, it is claimed.

Read full article: [British buyers outspending overseas buyers in prime London market, agents suggest]
 
Loud neighbours biggest turn off, say property buyers
2013-05-06 12:53:37 [Europe]

Anti social neighbours are the biggest turn off to prospective home buyers in the UK, according to a new survey.
Read full article: [Loud neighbours biggest turn off, say property buyers]
 
New citizenship law set to attract Chinese property investors to Spain
2013-05-03 15:37:17 [Europe]

There is increased interest in foreign investment in the Spanish property market from Chinese buyers who are looking to invest €100 million, it is claimed.
Read full article: [New citizenship law set to attract Chinese property investors to Spain]
 
Mortgage broker sees surge in let to buy lending
2013-04-24 13:26:17 [Europe]

Let to buy, where a borrower keeps their existing home to rent out and buys a new main residence, is increasing as owners see it as giving them more control and less stress, it is claimed.
Read full article: [Mortgage broker sees surge in let to buy lending]
 
Mass marketing of new London properties to emerging markets bringing prices down
2013-04-22 13:41:44 [Global News]

New properties in central London that are marketed en-masse at glamorous property exhibitions in emerging markets such as Asia and other parts of the world as speculative investments are suppressing yields and prices, it is claimed.
Read full article: [Mass marketing of new London properties to emerging markets bringing prices down]
 
Spurt of foreign buyers helping to boost Spanish property market
2013-04-18 12:55:09 [Europe]

Foreign investment in Spanish residential property increased by 17% last year to its highest level since 2004, according to the latest figures from the Bank of Spain.
Read full article: [Spurt of foreign buyers helping to boost Spanish property market]
 
Loans for home buying fall overall in the UK, latest CML figures show
2013-04-15 15:26:27 [Europe]

Lending to home movers in the UK fell in February for the third consecutive month, but activity in the first time buyer lending sector improved, and is now 17% stronger than a year ago.
Read full article: [Loans for home buying fall overall in the UK, latest CML figures show]
 
Most UK home owners now have enough to pay their mortgage dues for 2013, research shows
2013-04-15 08:50:52 [Europe]

Home loan payers in the UK have reached the stage in the year when they have finally earned enough to pay off the annual cost of their mortgage, according to leading lender the Halifax.
Read full article: [Most UK home owners now have enough to pay their mortgage dues for 2013, research shows]
 
People still aspire to home ownership but many feel current financial barriers are too great
2013-04-10 14:31:42 [Europe]

While home ownership is still the long term choice for most British adults, would be buyers are encountering a number of barriers to buying and moving, a new survey has found.
Read full article: [People still aspire to home ownership but many feel current financial barriers are too great]
 
Average home hunter in UK will be 37 before they can buy their own property, poll shows
2013-04-09 12:55:52 [Europe]

The average age UK house hunters estimate they won’t be able to buy their own home until they are 37 years old, according to new research.
Read full article: [Average home hunter in UK will be 37 before they can buy their own property, poll shows]
 
More buyers from economic hit Eurozone looking to buy luxury property, research suggests
2013-04-08 12:29:44 [Global News]

Enquiries from potential buyers of luxury property in countries that have been suffering from the current economic downturn in the Eurozone have increased, new research shows.
Read full article: [More buyers from economic hit Eurozone looking to buy luxury property, research suggests]
 
UK buyers shunning home survey reports in a bid to save money, research finds
2013-04-01 09:15:36 [Europe]

Over a fifth of home buyers in the UK who did not take out a home survey are saddled with a property they would never have bought had they been aware of its true condition before purchase, according to new research published today (Monday 01 April).
Read full article: [UK buyers shunning home survey reports in a bid to save money, research finds]
 
Asian buyers attracted by Portugal’s new visa for property investment scheme
2013-03-29 12:53:23 [Europe]

The decision by Portugal to follow Spain and grant visas to property investors from outside the European Union is expected to help boost the real estate market.
Read full article: [Asian buyers attracted by Portugal’s new visa for property investment scheme]
 
Spanish house builder sees sales increase by 57% in 2012
2013-03-25 17:11:44 [Europe]

Despite the economic downturn in Spain and a 3% fall in the overall number of real estate transactions, foreign second home buyers are still keen on buying new properties.
Read full article: [Spanish house builder sees sales increase by 57% in 2012]
 
Ethical property investment in Brazil flagged as part of a new trend
2013-03-22 13:36:37 [South America]

Ten years since Brazil was first flagged up as one of the BRIC nations about to burst onto the world economy the face of property investment has grown and changed.
Read full article: [Ethical property investment in Brazil flagged as part of a new trend]
 
Wealthy property buyers opt for real estate in newly emerging economies, research suggests
2013-03-21 16:44:24 [Global News]

Global billionaire activity in world real estate markets has been so intense over the past seven years that it has led to a doubling of residential property values in this sector, a new report reveals.
Read full article: [Wealthy property buyers opt for real estate in newly emerging economies, research suggests]
 
Mixed reaction to new boost for UK housing market; many want to see the details
2013-03-20 16:31:37 [Europe]

There has been a mixed reaction to the new boost for the UK residential property market announced today with the Help to Buy plan generally welcomed but some experts voicing scepticism.
Read full article: [Mixed reaction to new boost for UK housing market; many want to see the details]
 
CML and other lenders welcome new Help to Buy scheme in the UK
2013-03-20 15:14:14 [Europe]

Buyers in the UK at all levels will be helped by a new scheme which includes a government guarantee allowing lenders to provide more loans to people with smaller deposits.
Read full article: [CML and other lenders welcome new Help to Buy scheme in the UK]
 
Over 60% of private sector tenants in England don’t expect to be able to buy
2013-03-18 16:51:35 [Europe]

Six out of ten renters in England never expect to be able to buy a home and many of those who do think they will have to wait five years or more, new research shows.
Read full article: [Over 60% of private sector tenants in England don’t expect to be able to buy]
 
An unsightly house next door could knock thousands of sale prices, research suggests
2013-03-18 09:21:20 [Europe]

The vast majority of estate agents in the UK think that a well maintained home next door will increase the value of a house being sold, new research shows.
Read full article: [An unsightly house next door could knock thousands of sale prices, research suggests]
 
British buyers looking at bargain prices in Ireland
2013-03-15 16:16:42 [Global News]

Ireland is proving to be more popular with potential British buyers with their eye on a bargain property increasingly looking at homes on the emerald isle, the latest research from Rightmove Overseas suggests.
Read full article: [British buyers looking at bargain prices in Ireland]
 
Detached house in the South West is the dream home for many in the UK
2013-03-15 10:53:19 [Europe]

A detached period house in a rural village in South West is the dream property that most people want to buy. It must also have a large garden and garage and walk in wardrobes, new research published today (Friday 15 March) shows.
Read full article: [Detached house in the South West is the dream home for many in the UK]
 
Number of first time buyers in Scotland reached four year high in 2012
2013-03-11 09:04:48 [Europe]

The number of first time buyers in Scotland rose to the largest annual total in four years, according to the latest data from the Council of Mortgage Lenders in Scotland.
Read full article: [Number of first time buyers in Scotland reached four year high in 2012]
 
Number of first time buyers in London up by 15% last year
2013-03-07 09:38:04 [Europe]

The number of first time buyers in London rose by 15% in 2012, marking the largest annual total since 2007, according to data from the Council of Mortgage Lenders.
Read full article: [Number of first time buyers in London up by 15% last year]
 
Increase in Scandinavian buyers in southern Spain
2013-03-05 12:47:59 [Europe]

There has been a large rise in the number of Scandinavian people buying new property in southern Spain, particularly the Costa del Sol.
Read full article: [Increase in Scandinavian buyers in southern Spain]
 
A large garden is the first ideal component home seekers relinquish, a survey has found
2013-03-04 15:57:18 [Europe]

More than a third of home buyers in the UK searching for their dream home are willing to compromise on garden size, research has found.
Read full article: [A large garden is the first ideal component home seekers relinquish, a survey has found]
 
UK based student property developer targeting the Asia Pacific market
2013-03-01 10:17:57 [Global News]

Vita Student, a property developer that provides hotel standard accommodation to students, has announced a partnership aimed at tapping into demand from overseas student coming to study in the UK.
Read full article: [UK based student property developer targeting the Asia Pacific market]
 
Money conscious buyers don’t’ want big old properties with work needing done
2013-02-21 09:03:12 [Europe]

Properties in the country that are in good condition are likely to sell quicker than those needing work as cash strapped buyers cannot afford to undertake major renovation work, it has been suggested.
Read full article: [Money conscious buyers don’t’ want big old properties with work needing done]
 
Wealthy overseas London home owners also looking for luxury holiday homes
2013-02-15 14:02:23 [Global News]

Wealthy property buyers who see London as a safe haven for their money are also increasingly looking at other top destinations to buy second and even third homes, it is claimed.
Read full article: [Wealthy overseas London home owners also looking for luxury holiday homes]
 
CML figures confirm a positive outlook for buy to let lending in the UK
2013-02-14 10:24:12 [Europe]

Buy to let lending in the UK accounted for 11.5% of total gross mortgage lending in 2012, up from 9.8% in 2011, according to full year data released today (Thursday 14 February) by the Council of Mortgage Lenders.
Read full article: [CML figures confirm a positive outlook for buy to let lending in the UK]
 
Chinese property investors looking beyond London to regional cities
2013-02-13 09:31:50 [Europe]

Chinese, Malaysian and other Far Eastern investors are driving demand for new build investment properties in the UK's regional cities, it is claimed.
Read full article: [Chinese property investors looking beyond London to regional cities]
 
Foreign buyers take advantage of cheaper property prices in Spain
2013-02-11 14:42:01 [Europe]

The number of properties bought in Spain by foreigners rose for five consecutive quarters between 2011 and 2012 as they took advantage of falling prices.
Read full article: [Foreign buyers take advantage of cheaper property prices in Spain]
 
Shortage of UK homes is the biggest barrier to house hunters, study has found
2013-02-11 14:35:43 [Europe]

A shortage of homes for sale is emerging as the biggest barrier to UK house hunters as the availability of mortgages increases and selling a home become less difficult, according to the results of new research.
Read full article: [Shortage of UK homes is the biggest barrier to house hunters, study has found]
 
First time buyer growth injecting optimism in UK property market
2013-02-07 10:07:33 [Europe]

An increase in first time buyers in the UK has resulted in a degree of optimism for the residential property market for 2013, it is claimed.
Read full article: [First time buyer growth injecting optimism in UK property market]
 
Thailand set to see increase in interest from foreign property investors
2013-02-01 10:12:44 [Asia]

An increase in tourist figures is being taken as a signal that Thailand is set to see a rise in demand from overseas buyers for the condo property market, particularly in popular spots such as Phuket.
Read full article: [Thailand set to see increase in interest from foreign property investors]
 
UK’s NewBuy scheme extended to existing home owners
2013-01-25 12:11:20 [Europe]

Home owners in the UK looking to take their next step on the property ladder will now be able to take advantage of the government’s NewBuy scheme which is being extended beyond first time buyers.
Read full article: [UK’s NewBuy scheme extended to existing home owners]
 
Well priced properties coming onto the market in sought after Italian locations
2013-01-22 13:32:43 [Europe]

People looking for a second home overseas can now buy property in Italy at a bargain price, according to one expert with over 25 years experience in the Italian real estate market.
Read full article: [Well priced properties coming onto the market in sought after Italian locations]
 
Desire to expand fuelling farm land purchases in the UK
2013-01-18 10:50:22 [Europe]

Farmer activity continues to dominate the UK farm land market representing 50% of buyers and 46% of sellers last year, new figures show.
Read full article: [Desire to expand fuelling farm land purchases in the UK]
 
Research reveals growth of international buyers in prime London housing market
2013-01-17 10:55:28 [Europe]

UK buyers accounted for the majority of property purchases across the prime residential market in London in 2012, but more and more international buyers are entering the market, especially for off plan developments.
Read full article: [Research reveals growth of international buyers in prime London housing market]
 
CML records a further rise in loans to crucial first time buyer market in the UK
2013-01-16 11:15:41 [Europe]

House purchase activity increased in the UK driven by a rise in first time buyers, according to the latest data report from the Council of Mortgage Lenders published today (Wednesday 16 January).
Read full article: [CML records a further rise in loans to crucial first time buyer market in the UK]
 
Home buyers need an average deposit of £26,500 in England and Wales, research shows
2013-01-15 09:28:13 [Europe]

Home buyers in England and Wales need to find an average deposit of nearly £26,500 to buy a home but it could be five times as much in some areas, new research shows.
Read full article: [Home buyers need an average deposit of £26,500 in England and Wales, research shows]
 
Property tax for foreign buyers increases in Singapore
2013-01-14 09:09:26 [Asia]

Singapore has increased a tax on foreign property buyers as part of new temporary measures to cool its residential housing market which has seen continued strong demand despite previous efforts to curb prices.
Read full article: [Property tax for foreign buyers increases in Singapore]
 



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