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News related to Property

US sellers advised to spruce up the outside of their properties for a fast sale
2014-04-16 15:39:32 [North America]
Home owners in the United States putting their properties on the market should focus on making them look good on the outside rather than undertake large scale renovations, a survey has found.Read full article: [US sellers advised to spruce up the outside of their properties for a fast sale]
 
More Rent to Build projects announced by UK housing minister
2014-04-16 14:37:12 [Europe]
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 announcedRead full article: [More Rent to Build projects announced by UK housing minister]
 
Help to Buy is boosting property market recovery in Scotland, latest index shows
2014-04-16 12:34:51 [Europe]
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 full article: [Help to Buy is boosting property market recovery in Scotland, latest index shows]
 
Survey shows confidence in UK housing market increasing
2014-04-16 11:32:27 [Europe]
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 full article: [Survey shows confidence in UK housing market increasing]
 
New guide launched for new mortgage regime in the UK
2014-04-16 10:27:48 [Europe]
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.Read full article: [New guide launched for new mortgage regime in the UK]
 
Foreign buyers attracted to Corfu and some Balkan property markets, says new report
2014-04-15 12:13:30 [Europe]
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.Read full article: [Foreign buyers attracted to Corfu and some Balkan property markets, says new report]
 
Govt help announced for locally planned garden cities in the UK
2014-04-15 11:20:25 [Europe]
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 full article: [Govt help announced for locally planned garden cities in the UK]
 
UK house prices up 9.1% in a year, latest ONS data shows
2014-04-15 09:42:43 [Europe]
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.Read full article: [UK house prices up 9.1% in a year, latest ONS data shows]
 
Prime property price growth in UK varies according to location, latest index shows
2014-04-15 09:07:40 [Europe]
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.Read full article: [Prime property price growth in UK varies according to location, latest index shows]
 
Average property prices in London's Canary Wharf soar due to high demand
2014-04-15 07:51:10 [Europe]
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.Read full article: [Average property prices in London's Canary Wharf soar due to high demand]
 
Average farm land prices in England rise above £7,000 an acre
2014-04-14 12:34:42 [Europe]
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.Read full article: [Average farm land prices in England rise above £7,000 an acre]
 
House prices in the EU down 0.1% in last quarter of 2013
2014-04-14 09:54:03 [Europe]
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 full article: [House prices in the EU down 0.1% in last quarter of 2013]
 
Surveyors warning over risk of housing market crash in UK hot spots
2014-04-14 08:46:55 [Europe]
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 full article: [Surveyors warning over risk of housing market crash in UK hot spots]
 
Property price growth in London spreading across the south of the UK
2014-04-14 08:07:45 [Europe]
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 full article: [Property price growth in London spreading across the south of the UK]
 
UK taxman issues new guidance for estate agents re money laundering
2014-04-12 08:33:05 [Europe]
 The UK’s tax man has published new guidance to help estate agency businesses stay on the right side of new money laundering regulations.Read full article: [UK taxman issues new guidance for estate agents re money laundering]
 
UK government releases new compensation packages for home owners along rail route
2014-04-11 12:24:32 [Europe]
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.Read full article: [UK government releases new compensation packages for home owners along rail route]
 
House prices up 6% in New Zealand to new record high, latest monthly index shows
2014-04-11 11:13:44 [Australasia]
Median house prices in New Zealand have reached a new high of $440,000 and sales have also increased, according to the latest index from the Real Estate Institute of New Zealand.Read full article: [House prices up 6% in New Zealand to new record high, latest monthly index shows]
 
Increased court fees in UK set to hit landlords seeking repossession
2014-04-11 10:27:38 [Europe]
UK government plans to increase court fees means that landlords seeking repossession of their properties face higher costs and has been branded as extortionate.Read full article: [Increased court fees in UK set to hit landlords seeking repossession]
 
UK Home lending fell slightly in February, but still strong year on year, says CML
2014-04-11 08:21:28 [Europe]
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.Read full article: [UK Home lending fell slightly in February, but still strong year on year, says CML]
 
Golden visa schemes attracting foreign buyers to Spain and Portugal
2014-04-10 13:21:49 [Europe]
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.Read full article: [Golden visa schemes attracting foreign buyers to Spain and Portugal]
 
Rent rises in the UK set to be overtaken by wage growth this summer, report suggests
2014-04-10 12:42:52 [Europe]
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 full article: [Rent rises in the UK set to be overtaken by wage growth this summer, report suggests]
 
UK property recovery well under way as sales reach highest level for six years
2014-04-10 09:44:55 [Europe]
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 full article: [UK property recovery well under way as sales reach highest level for six years]
 
Mayor proposes creation of a London Housing Bank to fund thousands of new homes
2014-04-10 08:58:08 [Europe]
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 full article: [Mayor proposes creation of a London Housing Bank to fund thousands of new homes]
 
Home owners in the UK reach mortgage freedom day
2014-04-10 08:07:14 [Europe]
Today, Thursday 10 April is mortgage freedom day in the UK when home owners will have earned enough to pay off the annual cost of their mortgage, according to research from the Halifax building society.Read full article: [Home owners in the UK reach mortgage freedom day]
 
Analysis suggests how politics can affect the prime London property market
2014-04-09 12:26:30 [Europe]
Prime central London prices have risen by more than two thirds since their post Lehman Brothers low point but it is politics as much as economics that have had an impact on values, according to a new analysis.Read full article: [Analysis suggests how politics can affect the prime London property market]
 
Global prime residential recovery moving out of cities to popular holiday destinations
2014-04-09 11:46:55 [Global News]
While cities may have been the growth story for prime residential property in the last five years, it is likely to be the city getaway locations that show the best growth in the next five.Read full article: [Global prime residential recovery moving out of cities to popular holiday destinations]
 
Landlords’ views on buy to let finance in the UK more positive, survey shows
2014-04-09 10:24:19 [Europe]
UK landlords’ perception of the availability of buy to let finance is now at the highest it has been since the economic downturn, according to a new quarterly survey.Read full article: [Landlords’ views on buy to let finance in the UK more positive, survey shows]
 
A UK mansion tax would hit home owners most in just three locations in London
2014-04-09 09:57:05 [Europe]
Over 80,000 homes in the UK would be liable to a mansion tax if it were introduced, a move that has been proposed by some politians and not yet ruled out by the government.Read full article: [A UK mansion tax would hit home owners most in just three locations in London]
 
New regulation for heritage buildings in the UK
2014-04-09 08:18:44 [Europe]
New heritage regulations in the UK will help to maintain and manage change to listed buildings, according to planning consultants.Read full article: [New regulation for heritage buildings in the UK]
 
Over half of homes for sale in major US markets are unaffordable for typical buyers
2014-04-08 08:56:04 [North America]
More than half of the homes for sale in several major markets in the United States are unaffordable for average buyers, according to a new report.Read full article: [Over half of homes for sale in major US markets are unaffordable for typical buyers]
 
Large properties on private estates near London proving a major draw, analysis suggests
2014-04-08 08:16:39 [Europe]
Private property estates in England, especially near London, have proved themselves to be strong performers in the post credit crunch era and continue to evolve, according to a new analysis.Read full article: [Large properties on private estates near London proving a major draw, analysis suggests]
 
Prime property sales in some central London areas slowing
2014-04-08 08:07:40 [Europe]
Prime property sales in some of the most desirable locations in London are slowing and price growth at the upper end is patchy, according to a new market analysis.Read full article: [Prime property sales in some central London areas slowing]
 
Prices in Australian capital cities up 2.3% but growth unlikely to be sustained
2014-04-08 07:32:09 [Australasia]
Prices in capital cities in Australia increased by 2.3% in March with values up in every state month on month, the latest real estate index showRead full article: [Prices in Australian capital cities up 2.3% but growth unlikely to be sustained]
 
Few home hunters in the UK would take on a major renovation property, research suggests
2014-04-08 06:58:58 [Europe]
The majority of house hunters in the UK don’t want to buy a property that needs a lot of work with one in three only searching for a new build, new research reveals.Read full article: [Few home hunters in the UK would take on a major renovation property, research suggests]
 
Battersea power station phase three launched
2014-04-07 15:22:43 [Europe]
Plans for Phase Three of the iconic Battersea Power Station development in London, which included a new pedestrianised shopping street, have been unveiled.Read full article: [Battersea power station phase three launched]
 
Landlords of purpose built student property to be exempt from immigration checks
2014-04-07 13:54:16 [Europe]
A change has been made to the UK’s new Immigration Bill which will ensure that landlords of purpose build student accommodation will be exempt from having to conduct ongoing immigration checks on tenants.Read full article: [Landlords of purpose built student property to be exempt from immigration checks]
 
Further real estate market growth expected in Turkey after election brings continuity
2014-04-07 12:17:45 [Europe]
The re-election of Prime Minister Recep Tayyip Erdogan and his AK Party in Turkey should help to maintain healthy conditions for growth in the country's real estate markets, it is claimed.Read full article: [Further real estate market growth expected in Turkey after election brings continuity]
 
Many UK first time buyers underestimate the time needed to buy their first home
2014-04-07 11:12:05 [Europe]
First time buyers don’t have reasonable idea of how long it takes to get onto the housing ladder in the UK with two thirds badly underestimating the timescale, new research shows.
Read full article: [Many UK first time buyers underestimate the time needed to buy their first home]
 
Global commercial property investment set to rise 15% in 2014
2014-04-07 08:18:37 [Global News]
Global transaction volumes for commercial property are set to see growth of at least 15% in 2014, which will take the annual total to well in excess of US$600 billion, according to the latest analysis.Read full article: [Global commercial property investment set to rise 15% in 2014]
 
Property prices and sales in Canada forecast to rise steadily in 2014 and into 2015
2014-04-04 14:46:35 [North America]
The Canadian Real Estate Association (CREA) has updated its forecast for home sales and prices, saying it expects transactions and values to increase during the spring months and into 2015.Read full article: [Property prices and sales in Canada forecast to rise steadily in 2014 and into 2015]
 
UK govt proposals for capital gains tax for non residents goes further than expected
2014-04-04 12:45:13 [Europe]
UK government proposals on extending capital gains tax on residential property owned by non residents, including those with second homes, is wider than expected and could be more far reaching than the industry had anticipated, it is claimed.Read full article: [UK govt proposals for capital gains tax for non residents goes further than expected]
 
Auckland prices up 7% last month, latest data shows
2014-04-04 11:02:04 [Australasia]
Residential property prices in Auckland, New Zealand, increased by 7% last month with average house prices reaching $725,708, according to the latest data from agents Barfoot & Thompson.Read full article: [Auckland prices up 7% last month, latest data shows]
 
Prime property prices in Scotland record largest annual rise for six years
2014-04-04 09:43:12 [Europe]
Low stock and rising demand is pushing up prices in the prime property market in Scotland with the latest index showing they increased by 1.1% over the first three months of 2014.
Read full article: [Prime property prices in Scotland record largest annual rise for six years]
 
Landlords buoyed by 35% annual drop in number of tenants in severe arrears
2014-04-04 08:35:42 [Europe]
Cases of tenants in the UK’s private rent sector falling severely behind on rent have decreased by 35% in the last 12 months, new research shows.Read full article: [Landlords buoyed by 35% annual drop in number of tenants in severe arrears]
 
National home prices in the US flat over the first quarter of 2014
2014-04-03 15:48:39 [North America]
Non-seasonally adjusted national home prices in the United States remained mostly flat over the winter, up 0.7%, with five metro markets show quarterly declines, according to the latest home data index from ClearCapital.Read full article: [National home prices in the US flat over the first quarter of 2014]
 
French landlord and letting agent fined over flat the size of a toilet
2014-04-03 14:50:53 [Europe]
A landlord and a property agent in Paris have been ordered by a court to pay almost €12,000 in damages to a tenant who lived in a 1.56 square meter apartment described as a hovel for 15 years.
Read full article: [French landlord and letting agent fined over flat the size of a toilet]
 
Period detached homes with a garden and close to amenities tops home desire list
2014-04-03 14:04:23 [Europe]
Future home buyers in the UK are looking for a better lifestyle and want period, detached homes with gardens that are close to amenities, a new survey has found.Read full article: [Period detached homes with a garden and close to amenities tops home desire list]
 
London Mayor by passes councils and approves thousands of new homes
2014-04-03 11:15:04 [Europe]
The Mayor of London has approved plans to build thousands of homes in London after planning authorities either refused or where unable to deal with the applications.
Read full article: [London Mayor by passes councils and approves thousands of new homes]
 
Bridging lending in the UK up 26% in 12 months, latest index shows
2014-04-03 08:45:21 [Europe]
Gross bridging lending in the UK has increased 26% year on year, reaching £2.02 billion in the 12 months to March, according to the latest lending index.Read full article: [Bridging lending in the UK up 26% in 12 months, latest index shows]
 
Inaugural prime development land index for Asia shows strong price growth
2014-04-02 16:06:13 [Europe]
Prime land prices in Asian cities have been soaring in the last two years with a new index tracking markets in locations across the region showing the fastest growth is in the south east markets.Read full article: [Inaugural prime development land index for Asia shows strong price growth]
 



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