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News related to Property

Hong Kong property sales fall amid call for help for young buyers
2015-04-17 14:34:24 [Asia]
Residential property sales in Hong Kong decreased by 28.2% in March due to the introduction of a seventh round of market tightening measures, according to the latest analysis report.Read full article: [Hong Kong property sales fall amid call for help for young buyers]
 
Moving home costs in UK at highest level since 2007, study shows
2015-04-17 12:34:48 [Europe]
The average cost of moving home in the UK has risen by 5% to £8,689 in 2014 from £8,258 in 2013, its highest level since 2007, new research shows.Read full article: [Moving home costs in UK at highest level since 2007, study shows]
 
Property Ombudsman in England sees challenges rise
2015-04-17 11:04:44 [Europe]
More people in the rented property sector in England are prepared to launch a challenge when they are not satisfied with their tenancy, according to the latest annual report from the Property Ombudsman.Read full article: [Property Ombudsman in England sees challenges rise]
 
UK landlords seeking more remortgages, buy to let index shows
2015-04-17 09:16:14 [Europe]
Some 66% of buy to let loans in the UK in the first quarter of 2015 were for remortgaging compared with just 34% for new purchases, new research shows.Read full article: [UK landlords seeking more remortgages, buy to let index shows]
 
House sales flatten in UK due to forthcoming general election, says RICS
2015-04-16 15:23:32 [Europe]
Buyer enquiries and house sales have flattened in the UK in the run up to the general election, according to the latest monthly market survey from the Royal Institution of Chartered Surveyors.Read full article: [House sales flatten in UK due to forthcoming general election, says RICS]
 
Prime central London rental market see increased demand
2015-04-16 12:00:33 [Europe]
Interest in the prime central London rental market has intensified in recent months as buyers become cautious prior to the election, and regulations surrounding mortgage lending take hold, a new report suggests.
Read full article: [Prime central London rental market see increased demand]
 
Farm land in England breaks the £8,000 an acre barrier
2015-04-16 11:52:51 [Europe]
Even the impending general election in the UK has failed to pull back the farmland market in England, with prices continuing to rise in the first quarter of the year. Read full article: [Farm land in England breaks the £8,000 an acre barrier]
 
Survey finds home owners think peer to peer lending is risky
2015-04-16 09:32:31 [Europe]
Almost half of home owners in the UK who have not invested in peer to peer finance are put off by a perceived risk, new research has found.Read full article: [Survey finds home owners think peer to peer lending is risky]
 
Scottish country house prices moderate in first quarter of 2015
2015-04-15 09:23:20 [Europe]
Prime country house prices in Scotland rose by 0.2% between January and March, a slightly more modest increase than the 1% growth seen in the final quarter of 2014, the latest data shows.Read full article: [Scottish country house prices moderate in first quarter of 2015]
 
Property rents in UK over 10% higher than a year ago
2015-04-15 08:42:18 [Europe]
Residential rents across the UK are 10.2% higher than a year ago and have increased in 11 out of 12 regional in the first quarter of 2015 compared to the same period in 2014.Read full article: [Property rents in UK over 10% higher than a year ago]
 
Improved economy and political stability boost Cairo property markets
2015-04-14 15:43:12 [Africa]
All sectors of the Cairo real estate market have witnessed a positive performance and improved sentiment during the first three months of 2015 due to stronger confidence and investment appetite created by increased economic and political stability.
Read full article: [Improved economy and political stability boost Cairo property markets]
 
Major UK parties put housing at top of election agenda
2015-04-14 12:42:48 [Europe]
Housing has become one of the major issues in the UK’s forthcoming general election with all the major parties making pledges to attract voters.Read full article: [Major UK parties put housing at top of election agenda]
 
UK house prices up 7.2% year on year, latest ONS data shows
2015-04-14 10:59:18 [Europe]
UK house prices increased by 7.2% in the year to February, down from 8.4% in the year to January 2015, according to the latest official figures from the Office of National Statistics.Read full article: [UK house prices up 7.2% year on year, latest ONS data shows]
 
Home lending falls in UK month on month and year on year, latest CML data shows
2015-04-14 10:10:08 [Europe]
Lending to home owners in the UK fell in February compared to the previous month and compared to February 2014, the latest data from the Council of Mortgage Lenders shows.Read full article: [Home lending falls in UK month on month and year on year, latest CML data shows]
 
Brazilians search the most for property in Miami, new research shows
2015-04-13 13:27:55 [North America]
Potential buyers from Brazil are leasing investment interest in the Miami real estate market which leads the United States in international property sales.


Read full article: [Brazilians search the most for property in Miami, new research shows]
 
London emerging prime property proves robust ahead of election
2015-04-13 12:19:00 [Europe]
Prices in emerging prime property areas in South West London have remained robust in the first quarter of 2015 despite the uncertainties presented by the election, according to a new index.Read full article: [London emerging prime property proves robust ahead of election]
 
Economists forecast property price growth of just 1.5% in UK, fall in London
2015-04-13 09:14:44 [Europe]
UK house prices will grow only by 1.5% in 2015 but they are set to fall by 3.6% in London before growing again but slowly over the next five years, according to economists.
Read full article: [Economists forecast property price growth of just 1.5% in UK, fall in London]
 
UK buy to let landlords increasingly see their properties as their pension
2015-04-13 08:12:11 [Europe]
The new pension freedoms that came into force last week in the UK could trigger a huge interest in over 55s becoming landlords for the first time, it is claimed.Read full article: [UK buy to let landlords increasingly see their properties as their pension]
 
18 year comparison index shows UK buy to let outstripping other asset classes
2015-04-13 07:53:19 [Europe]
Buy to let in the UK over the past 18 years has provided average returns that outstrip those of other major asset classes, new research shows.Read full article: [18 year comparison index shows UK buy to let outstripping other asset classes]
 
Financial barriers preventing US home renters from buying, new research suggests
2015-04-10 20:45:32 [North America]
Many US home buyers can break even in less than two years if they buy a home instead of renting it, but financial barriers and preference are big factors in the decision to continue renting.Read full article: [Financial barriers preventing US home renters from buying, new research suggests]
 
UK Lib Dems set out plans for a Help to Rent scheme for young people
2015-04-10 20:24:54 [Europe]
The Liberal Democrats, one of the main political parties in the UK, have announced plans for a new Help to Rent scheme to support young workers move out of their family home and into a rented property.Read full article: [UK Lib Dems set out plans for a Help to Rent scheme for young people]
 
Housing lending falls overall in Australia but up slightly for new homes
2015-04-10 07:00:55 [Europe]
The number of loans to owner occupiers, excluding refinancing, declined modestly in February in Australia, according to the latest figures from the Australian Bureau of Statistics.Read full article: [Housing lending falls overall in Australia but up slightly for new homes]
 
Average UK home changes hands every 23 years, new research shows
2015-04-10 06:48:31 [Europe]
The average home in the UK changes hands every 23 years and while this may seem not very often it is almost three times longer than in the 1980s, new research shows.
Read full article: [Average UK home changes hands every 23 years, new research shows]
 
UK landlords get confused over betterment principle, study finds
2015-04-10 06:29:05 [Europe]
Some 60% of landlords in the UK admit they don’t understand the betterment principle, whilst 90% say they fully understand fair wear and tear, according to a new report.Read full article: [UK landlords get confused over betterment principle, study finds]
 
Global residential rents see weakest annual rise since 2009
2015-04-09 13:42:13 [Global News]
Prime global residential property rents rose by 0.6% in 2014, their weakest annual rise since 2009, according to the latest index from international real estate firm Knight Frank.Read full article: [Global residential rents see weakest annual rise since 2009]
 
South West London likely to see 165,000 new homes with 36,000 by 2020
2015-04-09 11:55:43 [Europe]
Nearly 60% of new housing supply in south west London will be concentrated in Wandsworth, Lambeth and Hammersmith and Fulham local authority areas, according to new research.Read full article: [South West London likely to see 165,000 new homes with 36,000 by 2020]
 
Dubai to get mandatory affordable housing quotas
2015-04-09 10:22:42 [Middle East]
A proposal by Dubai Municipality to introduce mandatory affordable housing quotas for all new residential developments is expected to bring a wide range of benefits to the emirate, it is claimed.Read full article: [Dubai to get mandatory affordable housing quotas]
 
UK house prices up 2.6% in first quarter of 2015, latest index shows
2015-04-09 09:10:59 [Europe]
UK house prices were 2.6% higher in the three months of 2015 than in the previous quarter but the annual rate of growth is still falling.Read full article: [UK house prices up 2.6% in first quarter of 2015, latest index shows]
 
Expansion of London cycle scheme could boost house prices, it is suggested
2015-04-09 08:29:02 [Europe]
The continued expansion of London’s cycle hire scheme will benefit home sellers living near bike docking stations and attract potential buyers to living in previously less well connected areas, it is claimed.Read full article: [Expansion of London cycle scheme could boost house prices, it is suggested]
 
Auckland sees unprecedented housing market activity
2015-04-08 17:33:47 [Europe]
Unprecedented sales activity in March saw Auckland’s residential housing market establish new records for prices and sales numbers, according to the latest index for the New Zealand city.Read full article: [Auckland sees unprecedented housing market activity]
 
Positive medium outlook for prime UK property beyond London
2015-04-08 16:47:23 [Europe]
Value offered in prime residential property markets beyond London suggests a positive medium term outlook despite some caution among buyers ahead of the UK general election next month.
Read full article: [Positive medium outlook for prime UK property beyond London]
 
US holiday home sales soared in 2014, annual report shows
2015-04-08 13:55:24 [North America]
Holiday home sales in the United States soared 57.4% in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year, new data shows.Read full article: [US holiday home sales soared in 2014, annual report shows]
 
Property prices near London Crossrail stations set to outperform local markets
2015-04-08 08:08:39 [Europe]
On average property prices within a 10 or 15 minute walk from the new Crossrail stations in and around London have already outperformed prices in the wider area by some 5%, new research shows.Read full article: [Property prices near London Crossrail stations set to outperform local markets]
 
Surveyors reveal the damage caused to Victorian and Edwardian houses in the UK
2015-04-08 07:31:33 [Europe]
There are over four million Victorian and Edwardian houses in the UK and many are crying out for some serious care and repair work, according to chartered surveyors.Read full article: [Surveyors reveal the damage caused to Victorian and Edwardian houses in the UK]
 
Prime central London rental values up for third month in a row
2015-04-07 15:10:36 [Europe]
Rental values in the prime central London rose by 0.2% for the third consecutive month in March, pushing annual growth to 4%, the highest rate in more than three years.Read full article: [Prime central London rental values up for third month in a row]
 
UK buy to let lenders adopt new practice statement
2015-04-07 12:56:53 [Europe]
Buy to let lenders in the UK who are members of the Council of Mortgage Lenders are adopting a new statement of practice, designed to provide clarity about how responsible lenders operate.Read full article: [UK buy to let lenders adopt new practice statement]
 
Growing disconnect between perception and reality for UK first time buyers, report suggests
2015-04-07 09:07:32 [Europe]
The number of people buying their own home in the UK for the first time increased in 2014 but there is a growing disconnect between reality and perception of the market, new research suggests.Read full article: [Growing disconnect between perception and reality for UK first time buyers, report suggests]
 
Demand for homes in central London property market picks up
2015-04-07 07:49:15 [Europe]
Buyer demand in the residential real estate market in central London picked up during the early months of 2015, according to a new report.Read full article: [Demand for homes in central London property market picks up]
 
US pending home sales reach highest level since June 2013
2015-04-06 17:25:37 [North America]
Pending home sales in the United States in February increased to their highest level since June 2013, according to the latest figures from the National Association of Realtors.
Read full article: [US pending home sales reach highest level since June 2013]
 
Research reveals lack of knowledge on returns and finance in buy to let
2015-04-06 14:37:14 [Europe]
Almost a quarter of buy to let investors in the UK residential property market don’t keep track of the returns on their property portfolio, it is claimed.
Read full article: [Research reveals lack of knowledge on returns and finance in buy to let]
 
House prices in prime central London market largely flat for last six months
2015-04-06 10:27:34 [Europe]
Annual house price growth in prime central London declined marginally to 3.3% in March and this could be due to the forthcoming general election, according to a new analysis report.Read full article: [House prices in prime central London market largely flat for last six months]
 
Almost a quarter of UK landlords entered the business accidentally
2015-04-06 09:07:33 [Europe]
Some 24% of UK landlords, that’s around 360,000, came into the residential private rental market accidentally or unintentionally, new research has found.Read full article: [Almost a quarter of UK landlords entered the business accidentally]
 
UAE property prices and rental values dip
2015-04-03 14:09:05 [Middle East]
The residential property market in Dubai saw a minor downturn in February with prices and rents falling slightly but still up year on year.Read full article: [UAE property prices and rental values dip]
 
Damp is number one turn off for UK house hunters
2015-04-03 12:26:33 [Europe]
Damp, poor maintenance and a lack of parking top the list of UK house hunters’ biggest turn-offs, according to new research which is published as the spring house season begins.Read full article: [Damp is number one turn off for UK house hunters]
 
Over half of UK first time buyers rent before they buy
2015-04-03 11:46:22 [Europe]
More than half of the UK’s first time buyers now try before they buy when it comes to owning their first home, according to an annual survey.Read full article: [Over half of UK first time buyers rent before they buy]
 
Most property hotspots in UK are in London
2015-04-03 09:09:14 [Europe]
Nine out of 10 property hotspots in the UK are in London with Sutton named in the latest index that monitors the number of properties sold in comparison to those on sale.
Read full article: [Most property hotspots in UK are in London]
 
Landlords needing to evict a tenant face rising UK court costs
2015-04-03 08:29:01 [Europe]
Rising court fees in the UK could tempt law abiding landlords to cut corners when it comes to tenant evictions, it is claimed.Read full article: [Landlords needing to evict a tenant face rising UK court costs]
 
Planning permission in London too low to meet new housing targets
2015-04-02 10:13:42 [Europe]
The current rate of planning permissions in London mean that just two thirds of the target number of homes that government officials say are needed will actually be built, according to new research.
 
Read full article: [Planning permission in London too low to meet new housing targets]
 
Older second home buyers attracted by mountainside property in Turkey
2015-04-02 08:47:12 [Europe]
Mountainside villages within a short drive of the beach but away from the hustle and bustle are emerging as popular spots for second homes in Turkey, it is claimed.Read full article: [Older second home buyers attracted by mountainside property in Turkey]
 
UK stamp duty changes set to save buyers an average of almost £1,600
2015-04-02 08:06:34 [Europe]
Some 69% of home buyers across the UK are likely to benefit from the new Stamp Duty regime that was announced in December, according to new research.Read full article: [UK stamp duty changes set to save buyers an average of almost £1,600]
 



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