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News related to Property

Property sales unchanged in Canada in November and prices steady
2014-12-19 15:48:17 [North America]
Residential property sales in Canada were unchanged in November compared with the previous month and are 2.7% above a year ago, according to the latest data.Read full article: [Property sales unchanged in Canada in November and prices steady]
 
House prices to rise by 3% in 2015 and rents by 2% says RICS
2014-12-19 14:42:35 [Europe]
House prices in the UK will see an average increase of 3% in 2015 bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, it is predicted.Read full article: [House prices to rise by 3% in 2015 and rents by 2% says RICS]
 
Rents in England and Wales down for first time in eight months
2014-12-19 13:16:27 [Europe]
Residential rents across England and Wales fell to a new average of £768 per month in November, down 0.2% month on month, the latest index shows.Read full article: [Rents in England and Wales down for first time in eight months]
 
Property price growth in London now behind five other UK cities
2014-12-19 12:33:18 [Europe]
Property growth in London now lags behind five other UK cities as the capital’s house price growth has dropped by two thirds in just three months.Read full article: [Property price growth in London now behind five other UK cities]
 
Peer to peer lending set to change the UK mortgage industry, it is claimed
2014-12-19 09:11:59 [Europe]
Peer to peer finance is set to revolutionise the UK mortgage industry, starting with secured lending to landlords, according to a new independent review of the buy to let mortgage industry.Read full article: [Peer to peer lending set to change the UK mortgage industry, it is claimed]
 
UK mortgage lending falls back to similar level a year ago, latest data shows
2014-12-18 13:15:21 [Europe]
Gross mortgage lending in the UK reached £16.9 billion in November, some 9% lower than October when it was £18.6 billion, according to the latest figures from the Council of Mortgage Lenders.Read full article: [UK mortgage lending falls back to similar level a year ago, latest data shows]
 
A year of two halves for the prime central London lettings market
2014-12-18 12:43:12 [Europe]
It has been a year of two halves in the lettings market in prime central London with the supply and demand pendulum swinging towards supply in the latter half of the year, according to a new report.Read full article: [A year of two halves for the prime central London lettings market]
 
Rest of UK expected to catch up with London and South East price growth in 2015
2014-12-18 10:38:16 [Europe]
In 2015 UK regions outside of London and the South East of England will catch up on the property price growth that has topped the market this year, according to agents.
Read full article: [Rest of UK expected to catch up with London and South East price growth in 2015]
 
UK surveyors report a resurgence in remortgage activity
2014-12-18 09:42:47 [Europe]
November saw a resurgence in remortgaging activity even as the rest of UK housing market cooled, according to the latest research from Connells Survey and Valuation.Read full article: [UK surveyors report a resurgence in remortgage activity]
 
Only a minority of UK landlords experience disputes with damage top of the list
2014-12-18 09:05:18 [Europe]
Over the last 12 months under 10% of UK landlords have experienced a tenant dispute but when it does happen it usually concerns damage, new research has found.
Read full article: [Only a minority of UK landlords experience disputes with damage top of the list]
 
City apartments set to remain popular buys in Australia in 2015
2014-12-17 16:17:30 [Australasia]
Investor appetite for city apartments in Sydney and Melbourne will remain strong in 2015, as low interest rates attract first home buyers and investors, according to a new analysis.
Read full article: [City apartments set to remain popular buys in Australia in 2015]
 
Intermediaries remain the most popular choice for buy to let investors
2014-12-17 15:48:59 [Europe]
UK landlords sourcing buy to let finance from intermediaries has increased as they regard it as the best way to secure a good deal, new research suggests.Read full article: [Intermediaries remain the most popular choice for buy to let investors]
 
UK asking prices down 3.3% in December, latest Rightmove index shows
2014-12-17 14:52:17 [Europe]
This year is ending with the largest ever monthly fall in the price of property for sale in the UK with the average asking price down by 3.3%, the latest index figures show.Read full article: [UK asking prices down 3.3% in December, latest Rightmove index shows]
 
Scottish property prices bounce back after dip due to referendum vote
2014-12-17 07:38:18 [Europe]
After a cooling in the market due to the referendum vote on independence, house prices in Scotland have now recovered, according to the latest index figures.Read full article: [Scottish property prices bounce back after dip due to referendum vote]
 
New starter home initiative announced by UK government
2014-12-17 07:20:05 [Europe]
A new scheme offering 100,000 first time buyers in the UK new homes with a 20% discount has been announced by the Prime Minister as part of a major push to help people onto the housing ladder.Read full article: [New starter home initiative announced by UK government]
 
Return of foreign buyers to Italian property market set to continue in 2015
2014-12-16 15:44:39 [Europe]
The last year has been a good one for the Italian real estate market and going into 2015 there are still good buys to be found in many areas, it is claimed.Read full article: [Return of foreign buyers to Italian property market set to continue in 2015]
 
UK buy to let sector confident going into 2015, new research suggests
2014-12-16 14:01:19 [Europe]
Confidence in the buy to let market will encourage significant investment in the sector by UK property investors in 2015, according to new research.Read full article: [UK buy to let sector confident going into 2015, new research suggests]
 
UK house prices up 10.4% annually, but inflated considerably by growth in London
2014-12-16 11:41:31 [Europe]
UK house prices increased by 10.4% in the year to October 2014, down from 12.1% in the year to September 2014, the latest index from the Office of National Statistics shows.Read full article: [UK house prices up 10.4% annually, but inflated considerably by growth in London]
 
Consumer confidence in UK property price growth falling
2014-12-16 10:04:25 [Europe]
Consumer confidence in the outlook for UK house prices has continued to fall from its peak in July 2014, according to the latest Halifax Housing Market Confidence Tracker. Read full article: [Consumer confidence in UK property price growth falling]
 
Fierce competition of rental properties continues despite supply increase
2014-12-16 08:57:58 [Europe]
The level of supply in the private rental sector in the UK is showing signs of improvement but there is still fierce competition for rental property as the level of demand remains high.Read full article: [Fierce competition of rental properties continues despite supply increase]
 
Residential property cash sales in the US falling, latest data shows
2014-12-15 18:09:00 [North America]
Cash sales in the United States made up 34.8% of total home transactions in September 2014, down from 37.2% a year ago, according to the latest data to be published.Read full article: [Residential property cash sales in the US falling, latest data shows]
 
UK asking prices down apart from in Scotland, latest index shows
2014-12-15 17:52:35 [Europe]
Asking prices have fallen across the UK apart from Scotland, month on month, according to the latest data from the Home.co.uk index, but are expected to growth by 7% in 2015.Read full article: [UK asking prices down apart from in Scotland, latest index shows]
 
Most UK regions see strong annual rental market growth
2014-12-15 08:39:23 [Europe]
Nine out of 12 UK regions saw rental price rise in November compared to the same month last year, according to the latest rental index.Read full article: [Most UK regions see strong annual rental market growth]
 
LTV lending falls as demand ebbs from bottom end of UK house market
2014-12-15 08:11:59 [Europe]
Lending to higher Loan To Value borrowers in the UK has fallen 12% year on year with November seeing the smallest number since October 2013.Read full article: [LTV lending falls as demand ebbs from bottom end of UK house market]
 
Western Australia has strongest residential property market in the country
2014-12-12 12:02:50 [Australasia]
Western Australia has the strongest residential building market in the country by a healthy margin, ahead of the Northern Territory and New South Wales, new data shows.Read full article: [Western Australia has strongest residential property market in the country]
 
Belgrave Square named as having the most expensive homes in England and Wales
2014-12-12 11:40:53 [Europe]
  The streets of Belgravia and Knightsbridge in central London are the most expensive locations in England and Wales to buy a property, according to new research.Read full article: [Belgrave Square named as having the most expensive homes in England and Wales]
 
England and Wales house prices showing strongest annual growth since 2005
2014-12-12 11:03:45 [Europe]
House prices in England and Wales increased by 0.8% in November with values climbing across all regions taking the average price to £280,733.Read full article: [England and Wales house prices showing strongest annual growth since 2005]
 
UK housing minister announces £3.5 billion for new rental homes across the country
2014-12-12 08:59:48 [Europe]
The UK’s housing minister has signed a new agreement to unlock £3.5 billion in funding to build new homes specifically for renting across the country.Read full article: [UK housing minister announces £3.5 billion for new rental homes across the country]
 
Renting costs twice as much as owning a home in US cities
2014-12-11 16:40:16 [North America]
People renting a home in the United States can expect to pay twice as much of their incomes on their rent than an owner on mortgage payments, new research has found.Read full article: [Renting costs twice as much as owning a home in US cities]
 
Number of Scottish households facing higher moving costs set to rise
2014-12-11 12:28:45 [Europe]
More households in Scotland could potentially see the upfront cost of moving rise when the new Land and Building Transaction Tax rates come into force in April 2015, a new analysis suggests.Read full article: [Number of Scottish households facing higher moving costs set to rise]
 
London prime property rent rises set to outpace house growth in 2015
2014-12-11 10:47:54 [Europe]
London prime property prices are expected to grow by 3% to 5% in 2015 but strong tenant demand is expected to boost rental prices by 10% over the next year, the latest forecast suggests.
Read full article: [London prime property rent rises set to outpace house growth in 2015]
 
Bank of England figures show home buying lending has gained ground this year
2014-12-11 08:51:57 [Europe]
Overall lending for buying homes in the UK gained much ground in the third quarter of 2014 compared to last year as the residential property market continued its recovery.Read full article: [Bank of England figures show home buying lending has gained ground this year]
 
Major new development announced for London’s Canary Wharf
2014-12-10 17:23:53 [Europe]
Plans to create a new waterside community on the eastern edge of Canary Wharf in London with up to 3,610 homes and more than 17,000 jobs have been approved by the Mayor of London.Read full article: [Major new development announced for London’s Canary Wharf]
 
Luxury markets face challenges in 2015 with New York and Sydney tipped for growth
2014-12-10 16:29:44 [Global News]
Luxury residential markets face a diverse range of challenges and opportunities in 2015 with New York and Sydney predicted to lead the price growth but other key cities seeing values fall.Read full article: [Luxury markets face challenges in 2015 with New York and Sydney tipped for growth]
 
UK house prices predicted to rise by 6% in first quarter of 2015
2014-12-10 16:00:46 [Europe]
UK house prices are predicted to rise by up to 6% in the first quarter of 2015 but then start slowing as the May general election approaches, according to one forecast.Read full article: [UK house prices predicted to rise by 6% in first quarter of 2015]
 
Landlords facing serious court delays on evictions due to cuts
2014-12-10 15:26:10 [Europe]
Under resourced county courts in England are exasperated by the number of possession claims being put forward, resulting in costly delays for landlords, it is claimed.
Read full article: [Landlords facing serious court delays on evictions due to cuts]
 
House developers looking outside London for land
2014-12-10 07:18:41 [Europe]
Over the last six months, there has been a shift in direction of the residential development land market in the UK and urban locations with London links are increasingly being sought by developers, new research suggests.Read full article: [House developers looking outside London for land]
 
Spanish properties prices up 1.15% in third quarter
2014-12-09 15:47:31 [Europe]
Residential property prices in Spain rose 1.15% in the third quarter of 2014 compared to the same period last year, according to the latest index published by the Property Registrars.Read full article: [Spanish properties prices up 1.15% in third quarter]
 
Property price growth in Dubai and Asia slowing, latest global index shows
2014-12-09 12:00:11 [Global News]
Property price growth in Dubai and much of Asia is slowing amid signs that the global real estate market has lost its main engines of growth resulting in a rise of just 0.1% in the third quarter of 2014.
Read full article: [Property price growth in Dubai and Asia slowing, latest global index shows]
 
UK viewers take just 38 minutes on average to decide to buy a property
2014-12-09 10:50:43 [Europe]
On average it takes just 38 minutes to make a decision to buy a home and prospective buyers no longer spend as much time viewing, new research has found.Read full article: [UK viewers take just 38 minutes on average to decide to buy a property]
 
£30 million more of Green Deal money announced for UK home improvements
2014-12-09 09:51:26 [Europe]
More people in the UK will get help to improve the energy efficiency of their homes through a new release of the Green Deal Home Improvement Fund open to new applications.Read full article: [£30 million more of Green Deal money announced for UK home improvements]
 
Average home prices in areas of high employment rise faster, research has found
2014-12-09 09:10:34 [Europe]
Average house prices in the 20 top performing employment areas in the UK have risen by 45% over the past decade, more than double national average of 21%, new research has found.Read full article: [Average home prices in areas of high employment rise faster, research has found]
 
Home value growth rate in key Oz cities continues to moderate
2014-12-08 16:29:50 [Australasia]
Property values across Australia’s capital cities fell by 0.3% in November compared with the previous months as growth continues to slow, according to the latest index.Read full article: [Home value growth rate in key Oz cities continues to moderate]
 
Large group of UK first home owners can’t afford to move up the housing ladder
2014-12-08 14:57:07 [Europe]
Over four million young home owners in the UK are frustrated middle movers who cannot afford to move up the property ladder, new research reveals.Read full article: [Large group of UK first home owners can’t afford to move up the housing ladder]
 
Top end of luxury rental market in London booming, new analysis suggests
2014-12-08 12:33:58 [Europe]
The top end of the luxury home rental market in London is booming with a lack of supply and concerns about next year’s general election driving the market, according to a new report.Read full article: [Top end of luxury rental market in London booming, new analysis suggests]
 
Survey confirms certain groups facing difficulties due to UK mortgage reforms
2014-12-08 10:09:04 [Europe]
Mortgage Market Reforms (MMR) in the UK are making it more difficult for certain customers to get a mortgage including over 40s and the self-employed, new research has confirmed.Read full article: [Survey confirms certain groups facing difficulties due to UK mortgage reforms]
 
Paris office market see strong year despite poor economic conditions
2014-12-08 09:18:03 [Europe]
Despite the difficult economic background in France, the Paris office market has turned in a strong performance over the first nine months of this year, according to a new report from Knight Frank.Read full article: [Paris office market see strong year despite poor economic conditions]
 
Latest index confirms that UK house price growth continues to moderate
2014-12-05 17:46:41 [Europe]
UK house prices in the three months to the end of November were 0.7% higher than in the previous three months, according to the latest quarterly figures from the Halifax.Read full article: [Latest index confirms that UK house price growth continues to moderate]
 
Over half of UK landlords plan to expand their portfolios in 2015
2014-12-05 17:28:03 [Europe]
Over half of landlords in the UK are looking to buy more property in 2015 and are feeling bullish about the new year, according to a new study.
Read full article: [Over half of UK landlords plan to expand their portfolios in 2015]
 
International demand for prime central London property remains strong
2014-12-05 07:54:01 [Europe]
While much has been written about the UK 2015 general election causing uncertainty in the central London prime property market, international demand remains strong, it is claimed.Read full article: [International demand for prime central London property remains strong]
 



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