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News related to buyers

US property cash sales now at lowest since 2010, latest data shows
2014-08-20 15:32:21 [North America]
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.Read full article: [US property cash sales now at lowest since 2010, latest data shows]
 
Slight easing in house price growth in the UK in June, ONS data reveals
2014-08-19 12:38:13 [Europe]
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.Read full article: [Slight easing in house price growth in the UK in June, ONS data reveals]
 
Property sales in Spain up 8.8% boosted by foreign buyers
2014-08-19 12:17:03 [Europe]
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.Read full article: [Property sales in Spain up 8.8% boosted by foreign buyers]
 
Only half of new UK home buyers understand new mortgage rules, research shows
2014-08-18 15:23:14 [Europe]
Only half of aspiring home owners in the UK are aware of the new Mortgage Market Review rules that were introduced in April, according to new research.Read full article: [Only half of new UK home buyers understand new mortgage rules, research shows]
 
UK housing market pauses as buyer demand slows
2014-08-14 08:28:12 [Europe]
Demand for new homes in the UK fell slightly in July, the first monthly decline since January 2013, according to the latest residential market survey from the Royal Institution of Chartered Surveyors.Read full article: [UK housing market pauses as buyer demand slows]
 
First time buyers boosting property growth in UK, according to surveyors
2014-08-13 11:11:40 [Europe]
First time buyers have boosted annual growth in the UK’s housing market activity despite a seasonally quiet month of July, according to the latest research from chartered surveyors. Read full article: [First time buyers boosting property growth in UK, according to surveyors]
 
UK residential property sector sees switch from buyer’s to seller’s market
2014-08-12 12:13:52 [Europe]
The second half of 2014 is seeing a switch from a seller’s to a buyer’s market in the UK as a healthy supply returns, according to the latest market report.
Read full article: [UK residential property sector sees switch from buyer’s to seller’s market]
 
Basic property checks costing new home owners in repair bills
2014-08-12 08:25:13 [Europe]
UK home buyers missing basic checks when purchasing a property and as a result facing repair bills 45% higher than expected, a new study suggests.Read full article: [Basic property checks costing new home owners in repair bills]
 
Most lenders in UK expect interest rate rise in early 2015
2014-08-08 15:21:44 [Europe]
The majority of lenders in the UK expect interest rates to rise early in 2015 and predict that existing home owners will be more affected than first time buyers.Read full article: [Most lenders in UK expect interest rate rise in early 2015]
 
Study reveals home owners will be hit when UK interest rates rise
2014-08-07 08:29:54 [Europe]
Nearly one in 10 home owners in the UK say they will sell up if interest rates rise and a third say they will potentially struggle, new research has found.
Read full article: [Study reveals home owners will be hit when UK interest rates rise]
 
Young buyers in UK spend less on their wedding as they want to buy a home
2014-08-06 07:59:40 [Europe]
Over a quarter of young British people would prefer to buy a house if they were given £20,000, rather than put the cash towards their wedding, a new survey shows.
Read full article: [Young buyers in UK spend less on their wedding as they want to buy a home]
 
Top end property in London now more of a buyer’s market
2014-08-04 07:58:14 [Europe]
The demand for London property has meant that it has been deemed a sellers’ market in recent years, however, this is changing for property priced £2 million and above, a new analysis suggests.Read full article: [Top end property in London now more of a buyer’s market]
 
Latest data shows almost 40,000 have benefited for UK property help schemes
2014-08-01 14:44:57 [Europe]
Almost 40,000 households have bought a home through the UK government’s flagship Help to Buy schemes with over 80% going to first time buyers, it has been announced.Read full article: [Latest data shows almost 40,000 have benefited for UK property help schemes]
 
UK property market is buoyant but London market is slowing
2014-07-30 11:41:23 [Europe]
The UK, excluding London, has seen new buyer registrations rise 21% annually, while new property instructions are up by just 2%, according to new research.Read full article: [UK property market is buoyant but London market is slowing]
 
Fewer people in UK think it is a good time to buy a home, new survey reveals
2014-07-28 10:51:41 [Europe]
Fewer people in the UK think the coming months will be a good time to buy a property with more than half believing it is a good time to sell, the latest confidence tracker report shows.Read full article: [Fewer people in UK think it is a good time to buy a home, new survey reveals]
 
Research reveals the strength of first time buyer market in the UK
2014-07-25 09:03:59 [Europe]
Residential property sales to first time buyers in the UK have grown 27%, marking the strongest opening half of a year since 2007, new research shows.Read full article: [Research reveals the strength of first time buyer market in the UK]
 
Property viewings are up 10% in Greater London and the South West
2014-07-24 14:55:34 [Europe]
There has been a lot of talk about the London property market slowing but new research suggests that properties in Greater London and the South West are currently receiving the highest number of viewings in the country.Read full article: [Property viewings are up 10% in Greater London and the South West]
 
Number of first time buyers down 20% in one month, latest NAEA report shows
2014-07-21 08:50:12 [Europe]
First time buyers are being squeezed further out the market in the UK with house sales by this group down 20% in the last month alone, according to the National Association of Estate Agents (NAEA).Read full article: [Number of first time buyers down 20% in one month, latest NAEA report shows]
 
First time buyer numbers in UK at highest level since 2007
2014-07-21 08:08:46 [Europe]
The number of first time buyers in the UK the first six months of 2014 reached their highest level since 2007, according to new research.Read full article: [First time buyer numbers in UK at highest level since 2007]
 
UK housing market bolstered by buy to let and remortgaging
2014-07-17 10:56:03 [Europe]
Last month saw the UK housing market bolstered by remortgaging and buy to let activity, coupled with a sharp rise in property valuations, according a new report.Read full article: [UK housing market bolstered by buy to let and remortgaging]
 
Estate agent survey shows a good school is top priority with UK buyers
2014-07-17 08:48:34 [Europe]
Living close to a good school remains a priority for home buyers in the UK with 20% of estate agents believing it is the most important factor.Read full article: [Estate agent survey shows a good school is top priority with UK buyers]
 
Research suggests one in five buyers would consider sharing
2014-07-14 08:28:51 [Europe]
One in five people in Briton is planning or considering a property purchase in the next two years and 77% will share the purchase with a partner, relative or friend, according to new research.
Read full article: [Research suggests one in five buyers would consider sharing]
 
First evidence that golden visa is attracting non EU buyers to Spain
2014-07-07 11:21:33 [Europe]
US, Chinese and Russian buyers were among the most active foreign buyers in Spain in the first quarter of 2014, according to new data from the General Council of Notaries in Spain.Read full article: [First evidence that golden visa is attracting non EU buyers to Spain]
 
Number of overseas investment buyers in London overestimated, new research suggests
2014-07-03 16:33:21 [Europe]
Overseas investors buying property in London to let out rather than live in only account for an estimated 7% of all greater London residential transactions, new research shows.Read full article: [Number of overseas investment buyers in London overestimated, new research suggests]
 
Help to Buy is assisting the right buyers, says new research
2014-07-03 10:08:28 [Europe]
Help to Buy, the UK government’s flagship buying scheme, is assisting the right home buyers with 55% of purchasers coming from the private rented sector, according to a new report.Read full article: [Help to Buy is assisting the right buyers, says new research]
 
Many first time buyers in UK relying on parental help with deposit
2014-07-02 07:56:09 [Europe]
On average first time buyers in the UK receive half of their deposit as a parental contribution with more than two thirds getting it as a gift, new research shows.Read full article: [Many first time buyers in UK relying on parental help with deposit]
 
Turkish resort appealing to second home owners and celebs
2014-07-01 09:57:46 [Europe]
Carefully controlled development, improving infrastructure and a growing celebrity following are fuelling interest in the upmarket Turkish resort of Kalkan, known as the Saint Tropez of Turkey, it is claimed.
Read full article: [Turkish resort appealing to second home owners and celebs]
 
UK flagship Help to Buy scheme sales reach 35,000
2014-07-01 08:37:47 [Europe]
The Help to Buy scheme in the UK has enabled 35,000 people to buy their own home and is playing a key role in boosting house building and the economy, new data shows.
Read full article: [UK flagship Help to Buy scheme sales reach 35,000]
 
Bank of England announces new mortgage constraints
2014-06-26 11:00:12 [Europe]
The Bank of England has told mortgage lenders to limit the proportion of mortgages at loan to income multiples of 4.5 and above to no more than 15% of their new mortgages.Read full article: [Bank of England announces new mortgage constraints]
 
First time UK buyers still struggle to get a deposit, research suggests
2014-06-26 09:44:36 [Europe]
The number of first time buyers in the UK grew 8% in April despite the introduction of new mortgage rules but the biggest barrier is still large deposits needed even with the Help to Buy schemes up and running.Read full article: [First time UK buyers still struggle to get a deposit, research suggests]
 
UK public spending committee criticises flagship Help to Buy scheme
2014-06-24 09:21:49 [Europe]
The UK government has yet to demonstrate that its flagship Help to Buy scheme provides value for money, according to a report from an influential parliamentary committee.
Read full article: [UK public spending committee criticises flagship Help to Buy scheme]
 
Not enough new homes being built in the US, especially at first time buyer level
2014-06-23 14:38:54 [North America]
New home construction activity is currently insufficient in most of the United States and some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation.Read full article: [Not enough new homes being built in the US, especially at first time buyer level]
 
Property supply in London down 9.5% in May, latest index shows
2014-06-20 13:23:24 [Europe]
A surge in supply and fall in the number of new buyers in the London property market is putting the brakes on the city’s residential real estate growth.Read full article: [Property supply in London down 9.5% in May, latest index shows]
 
Brazil offers property investment for overseas buyers
2014-06-20 09:56:41 [Latin America]
All eyes may be on the football in Brazil but the country’s real estate market is also proving to be of interest to overseas buyers looking for a real estate investmentRead full article: [Brazil offers property investment for overseas buyers]
 
UK buyers paying more for a home due to lack of property for sale, says NAEA
2014-06-20 09:22:50 [Europe]
As the supply of homes for sale in the UK remains low, one in five buyers are paying more than the asking price to secure their dream property, according to the National Association of Estate Agents (NAEA).
 
Read full article: [UK buyers paying more for a home due to lack of property for sale, says NAEA]
 
Housing market confidence falling in the UK, says building society research
2014-06-18 13:42:49 [Europe]
The number of people in the UK who think that now is a good time to buy a home is at its lowest level since June 2008, new research shows.Read full article: [Housing market confidence falling in the UK, says building society research]
 
Latest figures show 200,000 affordable new home in England since 2010
2014-06-12 11:51:25 [Europe]
Nearly 200,000 new affordable homes have been delivered in England since April 2010 which Housing Minister Kris Hopkins has declared as success story.Read full article: [Latest figures show 200,000 affordable new home in England since 2010]
 
UK property industry hits out at call for mortgages to be restricted
2014-06-12 11:12:58 [Europe]
UK Business Secretary Vince Cable has stepped in the housing price debate by calling for action to be taken to stop a property boom which he claims is getting out of control in parts of the UK.
Read full article: [UK property industry hits out at call for mortgages to be restricted]
 
UK home lending rises despite new mortgage application rules
2014-06-12 09:26:07 [Europe]
First time buyers and home movers continue to be key drivers in the growth of the UK mortgage market despite fears that new regulations might slow things down, according to the latest report from the Council of Mortgage Lenders.Read full article: [UK home lending rises despite new mortgage application rules]
 
New research shows most buyers using Help to Buy are under 30
2014-06-06 11:16:52 [Europe]
The UK government’s Help to Buy scheme which is credited with helping more first time buyers onto the property ladder, is most popular with people aged 20 to 29 years, new research shows.Read full article: [New research shows most buyers using Help to Buy are under 30]
 
Scotland exceeds target for providing affordable homes
2014-06-04 15:50:09 [Europe]
New housing statistics show that the Scottish government is ahead of its target of 30,000 new affordable homes by 2016.Read full article: [Scotland exceeds target for providing affordable homes]
 
Foreign buyers returning to French prime property market, new analysis suggests
2014-06-04 14:19:30 [Europe]
Buyers are returning to the French prime property market with prices no longer falling as fast as they were with activity particularly pronounced in the early part of 2014, according to a new report.Read full article: [Foreign buyers returning to French prime property market, new analysis suggests]
 
Analysis shows how Help to Buy has boosted first time buyer numbers
2014-06-04 09:41:46 [Europe]
The UK’s Help to Buy mortgage guarantee scheme has played an important role in encouraging first time buyers back to the market, according to a new analysis of the figures.Read full article: [Analysis shows how Help to Buy has boosted first time buyer numbers]
 
Average UK buyer likely to be aged 36 when they buy first property
2014-05-30 15:33:26 [Europe]
The average age of a UK first time buyer is 36 years old but there is variations between regions with the oldest buyers at aged 41 in the south west, new research shows.Read full article: [Average UK buyer likely to be aged 36 when they buy first property]
 
UK Help to Buy schemes benefitting those who need help to get on housing ladder
2014-05-30 15:17:32 [Europe]
There have been calls for the UK government to reign in its flagship Help to Buy schemes amid concerns about rising prices, particularly in London, but new data shows that most help is going to first time buyers.Read full article: [UK Help to Buy schemes benefitting those who need help to get on housing ladder]
 
Number of mortgages for home owners fall in Scotland in first three months of year
2014-05-29 13:57:54 [Europe]
The expected seasonal dip during the early months of 2014 saw mortgage lending fall in Scotland compared to the previous quarter, but there was a strong upward trend year on year.Read full article: [Number of mortgages for home owners fall in Scotland in first three months of year]
 
Favourable financial situation helping boost number of Brits interested in buying abroad
2014-05-28 15:45:09 [Global News]
The strong UK economic recovery, rising domestic house prices, low interest rates both at home and overseas and a strong Pound against the Euro and Dollar are encouraging more people to buy property abroad, new research suggests.Read full article: [Favourable financial situation helping boost number of Brits interested in buying abroad]
 
Analysis confirms Help to Buy not just benefitting buyers in London
2014-05-28 08:30:37 [Europe]
The government’s flagship Help to Buy Equity Loan scheme has helped almost 20,000 people in England to buy a home in its first year, accounting for around 30% of all new build sales over that time.Read full article: [Analysis confirms Help to Buy not just benefitting buyers in London]
 
Official data reveals just how popular the Balearics Islands are with foreign buyers
2014-05-27 11:27:39 [Europe]
The latest official figures from the Land Registry in Spain show that in 2013 the Balearics had the highest number of property sales to foreign buyers as well as the highest number of sales over half a million euros.Read full article: [Official data reveals just how popular the Balearics Islands are with foreign buyers]
 
Young people being squeezed out of the UK housing market
2014-05-23 11:31:08 [Europe]
Younger home buyers are being squeezed out of the UK housing market according to a report from the National Association of Estate Agents (NAEA).
Read full article: [Young people being squeezed out of the UK housing market]
 



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